For more information regarding the value of a property, please contact us for a free consultation.
140 8th AVE Granite Falls, MN 56241
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $69,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5695998
Sold Date 07/28/21
Year Built 1900
Annual Tax Amount $1,957
Tax Year 2020
Contingent None
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 50x90
Property Sub-Type Office
Property Description
Great income property property! This commercial building has four offices that are all currently rented. The cap rate is approximately 10%. This property is conveniently located downtown with on-street parking plus an adjacent municipal off street parking lot. Shingles were new in the fall of 2020. Tenants are currently on a month-to-month lease, if you want to put your own business there and have your tenants rent help to pay your mortgage payments! It would be a great spot for your business!
Location
State MN
County Yellow Medicine
Zoning Business/Commercial
Interior
Heating Boiler, Hot Water
Fireplace No
Exterior
Parking Features Paved
Utilities Available Electric Common, Heating Common
Roof Type Asphalt
Present Use Beauty/Barber Shop,Office,Professional Service,Retail
Building
Story One
Foundation 2568
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Brick/Stone,Stucco,Vinyl Siding
Schools
School District Yellow Medicine East
Read Less
GET MORE INFORMATION
