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608 Walnut Avenue,

Madison Lake, Minnesota MN 56063

$385,000 Price

3 Total Baths

3 Partial Baths

3,718 SqFt

7031561 Listing ID

FOR SALE or LEASE! Highly visible commercial building on well-traveled State Highway 60. Originally designed to accommodate a variety of businesses with separate entrance/exit doors. Main level offers nearly 2750 SF of office space, including 6 rooms and a central front entrance. Six rooms on the first level as well as 3 bathrooms and a kitchen/food prep room with NSF sinks. Basement level is an excellent storage area at 962 SF. Abundant off-street parking area. Property is zoned as "B-1" Highway Commercial Business District, allowing a wide range of permitted office, professional and retail uses. Madison Lake is a vibrant, growing community 15 minutes outside of Mankato and an hour south of Minneapolis.

Schedule Showing

Status ACTIVE

County Blue Earth County

Year Built 1984

Property Type Commercial

Commercial

Property Sub Type Commercial

Primary Features

County: Blue Earth County

Half Baths: 3

Price Before Reduction: 399000

Price Reduction Date: 2023-04-27T14:54:04+00:00

Price/SqFt: 103.55

Property Sub Type: Commercial

Property Type: Commercial

Year Built: 1984

Interior

Air Conditioning: Central

Fireplace 1: No

Heat: Forced Air

Level 1: Main

Total Rooms 1: 6

Unit SqFt 1: 2740

External

Construction Type: Steel

Exterior: Brick, Steel

Foundation Size: 2756

Fuel: Natural Gas

Land Size SqFt: 14200

Parking Characteristics: Uncovered/Open

Road Frontage: County Highway

Roof: Asphalt Shingles

Sewer: City

Water: City

Waterfront: no

Location

Area: EGLE LK/T. MADIS

School District: Mankato #77

Additional

ADA Features: Partially Wheelchair

Amenities: Restrooms

Bonus: no

Classification: Commercial

List Team: Team Stoufer

Rental License: no

Financial

Assessment Balance: 99.05

Assessments: Yes

Leased 1: No

Lender Owned: No

Sale/Lease: For Sale

Sale/Rent: For Sale

Tax Amount: 4686

Tax Year: 2022

Taxes With Assessments: 5178

Zoning Info

© 2023 REALTOR® Association of Southern Minnesota. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of RASM. Real estate listings held by IDX Brokerage firms other than Weichert Realtors Community Group are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Wednesday, June 7th, 2023.

Contact - Listing ID 7031561

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Weichert Realtors Community Group

Mankato, MN 56001

Phone: 507-345-1111

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