For Sale: Webster Twp MLS# 6388740
Active
$460,000
Commercial: Apartments/Retail
Built 1940
0.18 acres
Northfield schools
MLS# 6388740
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Property Description
For Sale 4-unit, 3 apartments & 1 commercial space, 5, 636 SF investment property in great condition near Elk New Market, MN. 4472 40th St W, Webster, MN 55044 is a fully leased mixed-use property that includes onsite parking, laundry, and 3 stall detached garage. Well maintained and recently updated, this mixed-use property is only minutes from Elko New Parket and within 30 minutes of the Twin Cities.
Very strong tenants with the United States Postal Service as a longtime anchor tenant on the first floor and 3 occupied apartments above. USPS has been at this location for many years with their current lease through 2028. THe 3 apartments on the second floor, one 1 bedroom & two 2 bedroom, are in great condition with two of them being fully remodeled in 2021. All units have long-term tenants in place.
Ample parking with space in front of the building and a lot directly across the street. A detached garage with 3 stalls is located on the property and will be included in the sale.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$460,000
Property Type:
Commercial
City:
Webster Twp
Garage Spaces:
3
County:
Rice
Year Built:
1940
State:
MN
Property Style:
Apartments/Retail
Zip Code:
55088
Subdivision Name:
Townsite/Webster
Exterior
Garage Spaces:
3
Other Parking Spaces:
0
Foundation Size:
1,878 ft2
Handicap Accessible:
Partially Wheelchair
Heating System:
Baseboard
Parking Features:
- Detached
- Guest Parking
- Off Site
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.18
Geolocation:
44.529412, -93.351798
Inclusions:
Building, Fixture/Equipment, Leases
Lot Dimensions:
55 x 132
Zoning:
Business/Commercial
Schools
School District:
659
District Phone:
507-663-0629
Financial & Taxes
Tax Year:
2022
Annual Taxes:
$4,146
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,146
Units
Total Units:
4
Miscellaneous
Current Use:
- Commercial
- Professional Service
- Residential
- Retail
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of RE/MAX Results.
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.