$380,000
$394,900
3.8%For more information regarding the value of a property, please contact us for a free consultation.
28 Red River AVE N Cold Spring, MN 56320
0.48 Acres Lot
Key Details
Sold Price $380,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5714878
Sold Date 02/15/22
Year Built 1920
Annual Tax Amount $9,284
Tax Year 2020
Contingent None
Lot Size 0.480 Acres
Lot Dimensions 111x165
Property Sub-Type Mixed Use
Property Description
GREAT INVESTMENT OPPORTUNITY, Loyal Long Term Tenants Paying $69,816 in Annual Rent for IMMEDIATE CASH FLOW with 10 Offices/Units Vacant for more Income Potential or use for your business. Building is in good condition with many recent updates including electrical, plumbing, HVAC, drywall, flooring, windows, doors, and roof in 2013. Ideal location on main road in growing community. Plenty of parking and most of these businesses have been here for years and intend to stay long term.
Location
State MN
County Stearns
Zoning Business/Commercial,Residential-Single Family
Rooms
Basement Partial, Partially Finished, Storage Space, Unfinished
Interior
Heating Baseboard, Hot Water
Cooling Central Air, Window Unit(s)
Fireplace No
Appliance Dryer, Range, Refrigerator, Washer
Exterior
Parking Features Paved
Utilities Available Heating Common
Roof Type Asphalt,Flat,Pitched,Tar/Gravel
Present Use Professional/Office,Commercial,Food Service,Office,Professional Service,Residential,Restaurant,Vacant
Building
Lot Description Public Transit (w/in 6 blks), Corner Lot
Story Two
Foundation 10542
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone,Steel Siding
Schools
School District Rocori
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