Own a piece of downtown Lindstrom! This three unit, mixed use building features a main floor commercial space and 2 residential rentals on the 2nd floor. All units are rented. This location has tons of possibilities. Please note: 24 hour notice required for all showings due to tenants. No showings before 630pm Mon-Thurs due to open business on the main floor.
MLS ID: 6561295
Directions: Hwy 8 to Lindstrom, on north side of highway.
MLS #: 6561295
Listing courtesy of: Ploetz Group LLC
Price: $315,000
Type: Commercial
Contingency: Inspection
Foreclosure: No
Zoning: Business/Commercial
Current Use: Office, Residential
Total Units: 3
Annual Gross Income: $30,600
Net Operating Income: $19,621
Annual Gross Expense: $10,979
Annual Electric Expense: $1,857
Annual Fuel Expense: $3,368
Annual Insurance Expense: $2,278
Annual Other Expense: $1,000
Annual Annual Expense: $492
Annual Water/Sewer Expense: $1,009
Tenant Pays: Cable TV, Percent Rent
Parking Features: Parking Lot
Owner Occupied: No
Construction Materials: Aluminum Siding
AccessibilityFeatures: Wheelchair Ramp(s)
Roof: Age Over 8 Years, Asphalt
Heating: Forced Air
Cooling: Central Air, Window Unit(s)
Style: Mixed Use
Year Built: 1915
Foundation Area: 1,501
Amenities - Unit: Cable, Kitchen Window
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Number of Ranges: Two
Number of Refrigerators: Two
Utilities: Hot Water Common
Complex/Dev/Sub Name: C A Victors Reag Of Blk 2
Lot Dimensions: 33x50
Road Frontage: City Street
District: Chisago Lakes
District Number: 2144
District Phone: 651-213-2096
County: Chisago
Survey Range: 20
Survey Section: 33
Survey Township: 34
Tax Year: 2023
Tax Amount: $1,956
Assessment Pending: Yes
Taxes w/Assessments: $2,018
This listing was last updated by Ploetz Group LLC on 8/10/2024 at 9:54 am.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 9/7/2024 6:45 pm.
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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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