Great downtown investment opportunity. 1,800 sq. ft. commercial space with two 1 bedroom apartments on the second floor. Delivery door on back of main level. Two new furnaces in each apartment as of 1/15/2025.
MLS ID: 6686441
Directions: Head south on US-63 S and take a slight right onto N Broadway Ave. Destination will be on the left.
MLS #: 6686441
Listing courtesy of: Coldwell Banker River Valley, REALTORS
Price: $75,000
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Business/Commercial
Current Use: Vacant
Total Units: 3
Annual Gross Income: $22,800
Net Operating Income: $12,242
Operating Expense: $10,558
Annual Gross Expense: $10,558
Annual Manager Expense: $300
Annual Electric Expense: $1,200
Annual Fuel Expense: $1,800
Annual Insurance Expense: $2,808
Annual Maintenance Expense: $3,000
Annual Annual Expense: $1,200
Annual Water/Sewer Expense: $1,200
Tenant Pays: Cable TV
Owner Pays: Electricity, Fuel, Gas, Insurance, Repairs, Sewer, Snow Removal, Trash Collection
Parking Features: On-Street Parking Only, Paved
Owner Occupied: No
Construction Materials: Brick/Stone, Metal Siding, Stucco
AccessibilityFeatures: None
Roof: Age Over 8 Years, Metal, Pitched
Heating: Forced Air, Other
Cooling: Window Unit(s)
Style: Mixed Use
Year Built: 1890
Foundation Area: 1,800
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Number of Ranges: Two
Number of Refrigerators: Two
Utilities: Electric Common, Heating Common, Hot Water Common
Complex/Dev/Sub Name: Spring Valley Original
Lot Dimensions: 90X22
Road Frontage: City Street, Curbs, Sidewalks, Street Lights, Storm Sewer
District: Kingsland
District Number: 2137
District Phone: 507-346-7276
County: Fillmore
Tax Year: 2024
Tax Amount: $878
Assessment Pending: No
Taxes w/Assessments: $878
This listing was last updated by Coldwell Banker River Valley, REALTORS on 3/17/2025 at 9:04 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 4/13/2025 3:25 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 Winona 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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