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Active NEW!
$399,000
/mo Edit
Commercial:  1 Story
Built 1983
0.3 acres
MLS# 7017615
My rating:
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    Property Description

    Commercial investment opportunity in the heart of Winsted. This professional building offers approximately 12, 000 total square feet, comprised of four units (approximately 6000, 2350, 1750, and 950 square feet). All units are occupied by long term, established businesses, providing immediate and stable income potential. Ideally located within walking distance to the park and lake, the property sits in a charming community conveniently positioned between Hwy 7 and Hwy 12, allowing for an easy metro commute. Whether you’re looking to operate your own business or manage a solid multi tenant investment property, this versatile commercial building offers strong potential in a desirable small town setting.

    Listing

    Contingency: None
    City: Winsted
    County: McLeod
    State: MN
    Property Style: 1 Story
    Zip Code: 55395
    Subdivision Name: Town Of Winsted Lake

    Interior

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 12,000 ft2
    Handicap Accessible: No Stairs Internal
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Road Frontage: City Street
    Roof Details: Flat

    Lot & Land

    Acres: 0.3
    Geolocation: 44.964308, -94.047886
    Inclusions: Building, Leases
    Lot Dimensions: 123 x 107
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 1212
    District Phone: 3205433521

    Expenses

    Tenant Expenses: All Utilities, Electricity, Gas, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,084
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,084

    Units

    Total Units: 4

    Miscellaneous

    Current Use:
    • Church
    • Office
    • Professional Service
    • Professional/Office
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Kg Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.