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For Sale:  Olivia MLS# 6805385

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Active
$150,000
/mo Edit
Commercial:  2 Stories
Built 1940
0.11 acres
Bird Island-Olivia-Lake L schools
MLS# 6805385
612-201-2213
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    Property Description

    Prime Commercial Space on US Highway 212, in the heart of Olivia, the bustling county seat of Renville County. This commercial building offers an unparalleled opportunity to transform potential into profit with its versatile 7-unit layout—featuring 4 retail, office, or mixed-use suites and 3 unfinished apartments awaiting your vision to bring them to life. Main Level Suites 1-3 are beautifully finished with high ceilings fresh updated look ready to be rented out immediately. They all 3 share a hallway and bathroom. Suite #1 & Suite #2 have beautiful display windows while Suite #3 features 2 separate office spaces and large communal area within the suite itself. Main Level Suite #4 is unfinished featuring high ceilings and open concept feel with a large back room and an area for its own bathroom in the suite and street access not shared with the others. There are so many possibilities for the use of this space! Upper Level includes 3 unfinished apartments with sellers plans for the potential layout included. The 3rd Apartment has an easement for that entrance with the neighboring building. New roof on the upper 2nd level portion in 2020 and the 1st story roof portion in 2025. Call today to schedule a private showing!n

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $150,000
    Property Type: Commercial
    City: Olivia
    Garage Spaces: 0
    County: Renville
    Year Built: 1940
    State: MN
    Property Style: 2 Stories
    Zip Code: 56277
    Subdivision Name: Original

    Interior

    Ranges: None
    Refrigerators: None
    Appliances Included: None
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Central Air, Window Unit(s)
    Foundation Size: 4,176 ft2
    Foundation Dimensions: 48x87
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features: On-Street Parking Only
    Shared Amenities: None
    Road Frontage:
    • Curbs
    • Highway
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material: Brick/Stone
    Roof Details:
    • Age 8 Years or Less
    • Flat
    • Rubber

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.11
    Geolocation: 44.776753, -94.990494
    Inclusions: Building, Land
    Lot Dimensions: 48 x 100
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family

    Schools

    School District: 2534
    District Phone: 320-523-1031

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,102
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,102

    Units

    Total Units: 7

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Retail
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Common
    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 Legacy Land & Home.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.