For Sale: Pine Island MLS# 6785824
Active
$275,000
Commercial: Office
Built 1960
0.2 acres
Pine Island schools
MLS# 6785824
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Property Description
Come see this stunning commercial building located in the heart of Pine Island in a prime location. This
building offers two tenants in place and currently is rented with the option to rent one additional front
unit. Updates include new ramp in the rear of the building, newly paved parking lots and a newer
retaining wall. This is building offers a great location and opportunity to own a building in the heart
of the city
Listing
Listing Status:
Active
Contingency:
None
List Price:
$275,000
Property Type:
Commercial
City:
Pine Island
Garage Spaces:
0
County:
Goodhue
Year Built:
1960
State:
MN
Property Style:
Office
Zip Code:
55963
Subdivision Name:
Pine Island
Exterior
Garage Spaces:
0
Other Parking Spaces:
14
Air Conditioning:
Central Air
Foundation Size:
1,773 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Parking Lot
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
- Block
- Brick/Stone
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.2
Geolocation:
44.202158, -92.645908
Inclusions:
Building, Leases
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Schools
School District:
255
District Phone:
507-356-4849
Expenses
Annual Gross Expense:
$4,000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,278
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$5,278
Income
Annual Gross Income:
$22,440
Rent
Annual Net Income:
$18,440
Units
Total Units:
2
Miscellaneous
Current Use:
- Beauty/Barber Shop
- Commercial
- Office
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
Mortgage Calculator
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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!
Listing provided by RMLS,
courtesy of RE/MAX Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.