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For Sale:  Wells MLS# 6646466

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Active Contingent
$299,900
/mo Edit
Commercial:  Apartments/Retail
Built 1930
0.1 acres
United South Central schools
MLS# 6646466
612-201-2213
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    Property Description

    Two main floor store fronts. Both leased. 4 second floor apartments, all leased. Current income is $3, 300 per month.

    Listing

    Listing Status: Active Contingent
    Contingency: Other
    List Price: $299,900
    Property Type: Commercial
    City: Wells
    Garage Spaces: 0
    County: Faribault
    Year Built: 1930
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 56097
    Subdivision Name: Wells

    Interior

    Basement Details:
    • Full
    • Unfinished

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Wall Unit(s), Window Unit(s)
    Foundation Size: 4,500 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features: On-Street Parking Only
    Exterior Material: Brick/Stone
    Roof Details: Flat

    Lot & Land

    Acres: 0.1
    Geolocation: 43.74328, -93.725183
    Inclusions: Building, Leases
    Lot Dimensions: 50 x 90
    Zoning: Business/Commercial

    Schools

    School District: 2134
    District Phone: 507-553-3134

    Expenses

    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,140
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,140

    Units

    Total Units: 6

    Miscellaneous

    Current Use:
    • Other
    • Residential
    • Retail
    Fuel System:
    • Electric
    • 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 Century 21 Atwood.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.