Updated 4 days ago

$305,000

111 Main Street WNew Prague, MN 56071

Type: Commercial

1901 Year Built

Description

Building currently bringing in $3050/month in rent. Seller is motivated and selling as-is. Full dry basement with electricity and lights on! Mainstreet NEW PRAGUE is a highly successful area. A new indoor gun range will be opening in March 2025 just a block over. The new POPS outdoor performance stage will be up and running a block away in the near future. Two apartment complexes have been approved to be built in the city of New Prague also. Motivated seller makes this a phenomenal buy right now! Schedule your showing today!

MLS ID: 6638725

Directions: On Mainstreet in The O'Neil Brothers Building on the north side of Main Street

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Property Details

Essential Details

MLS #: 6638725

Listing courtesy of: eXp Realty

Price: $305,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Business/Commercial

Current Use: Professional/Office, Commercial, Office

Total Units: 12

Net Operating Income: $26,833

Operating Expense: $7,367

Annual Gross Expense: $7,367

Annual Electric Expense: $2,797

Annual Fuel Expense: $1,654

Annual Insurance Expense: $1,560

Annual Annual Expense: $660

Annual Water/Sewer Expense: $696

Tenant Pays: None

Owner Pays: All Utilities, Taxes

Parking Features: Other, Paved

Other Parking Spaces: 20

Building Details

Owner Occupied: Yes

Construction Materials: Block

AccessibilityFeatures: Fully Wheelchair

Roof: Age Over 8 Years

Heating: Forced Air

Cooling: Central Air

Style: Office

Year Built: 1901

Foundation Area: 3,588

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Number of Refrigerators: One

Utilities: Heating Common

Lot Details

Lot Dimensions: 44x117

Road Frontage: City Street

School Information

District: New Prague Area Schools

District Number: 721

District Phone: 952-758-1700

Community Information

County: Scott

Survey Range: 23

Survey Section: 34

Survey Township: 113

Taxes

Tax Year: 2024

Tax Amount: $4,918

Assessment Pending: No

Taxes w/Assessments: $6,300

This listing was last updated by eXp Realty on 12/17/2024 at 2:12 pm.

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 12/22/2024 12:45 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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