(507) 345-1111
info@weichertcommunitygroup.com
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304 & 306 NE Main Street
Mapleton, Minnesota MN 56065
$689,000 Price
2 Bedrooms
1 Full Baths
1 Total Baths
6,396 SqFt
7031642 Listing ID
Investment Opportunity! Incredible 6,396 square foot commercial and multi-family income property located in the heart of Mapleton. The building consists of 3 store fronts and 6 apartments, of which 3 have been newly remodeled in the Spring of 2022! Additional amenities include six parking spots, 3 in the attached garage and 3 in the newly asphalted driveway. Potential to expand for additional storage & laundry room. The City of Mapleton has financing available. Perfect for someone looking to invest in real estate with long term rental income potential. Most tenants have been long term. Contact us today to book a viewing!
Schedule Showing
Status ACTIVE
County Blue Earth County
Year Built 1900
Property Type Commercial
Commercial
Property Sub Type Commercial

Primary Features

County: Blue Earth County
Price/SqFt: 107.72
Property Sub Type: Commercial
Property Type: Commercial
Year Built: 1900

Interior

Air Conditioning: Central, Window
Appliances 1: Exhaust Fan/Hood, Range/Stove, Refrigerator
Fireplace 1: No
Fireplace 2: No
Fireplace 3: No
Fireplace 4: No
Full Baths 2: 1
Full Baths 3: 1
Heat: Baseboard, Forced Air
Level 1: Upper
Level 2: Upper
Level 3: Upper
Number of Units: 6
Total Baths 2: 1
Total Baths 3: 1
Total Baths 4: 1
Total Bedrooms 2: 1
Total Bedrooms 3: 1
Total Bedrooms 4: 2

External

Construction Type: Concrete Block, Frame/Wood, Other (explain in rmks)
Exterior: Brick, Stone, Vinyl
Foundation Size: 2750
Fuel: Electric, Natural Gas
Overhead Door Clearance Height: 0-9 Feet
Parking Characteristics: Attached Garage, Driveway - Asphalt, Driveway - Shared, Shared Parking, Assigned, Unassigned, Units Vary, Garage Door Opener
Road Frontage: City Street
Roof: Fiberglass Shingles, Rubber
Sewer: City
Water: City
Waterfront: no

Location

Area: MAPLETN/AMBOY/MN LK/GT
School District: Maple River #2135
Unit Number 1: 304 A
Unit Number 2: 304 B
Unit Number 3: 304 C
Unit Number 4: 306-1

Additional

Amenities: Fire Alarm, Private Resident Building, Restrooms, Smoke Detectors
Amenities 1: Broadband Available, Ceiling Fans, Garage Door Opener, Skylight, Vaulted Ceilings, Walk-in Closet, Walk-up Attic, Washer/Dryer Hookup
Bonus: no
Classification: Commercial
Current Use: Residential, Retail (L)
Fraction Ownership: no
Rental License: yes

Financial

Assessment Balance: 74.2
Assessments: Yes
Leased 1: Yes
Leased 2: Yes
Leased 3: Yes
Leased 4: Yes
Lender Owned: No
Monthly Rent 1: 950
Monthly Rent 2: 500
Monthly Rent 3: 500
Monthly Rent 4: 1100
Owner's Expense: Electric, Maint./Repair, Snow, Trash, Water/Sewer
Sale Includes: Building, Land, Leases
Sale/Lease: For Sale
Sale/Rent: For Sale
Tax Amount: 5225.8
Tax Year: 2022
Taxes With Assessments: 5300
Tenant Expense: Broadband, Cable TV, Electric, Fuel

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: Monday, March 20th, 2023.
#IDX-primaryPhoto,#idx-details-header Listed by: CENTURY 21 ATWOOD candee.deichman@c21atwood.com

Contact - Listing ID 7031642

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Weichert Realtors Community Group

Mankato, MN 56001
Phone: 507-345-1111

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