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Active NEW!
$409,900
/mo Edit
Commercial:  2 Stories
4 br • 4 ba • Built 1937
0.21 acres
Waterville-Elysian-Morris schools
MLS# 7072611
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    Property Description

    Excellent opportunity to own a versatile investment property situated along quaint Main Street in Downtown Elysian. This uniqueproperty offers the potential for several income-producing options, including a commercial space, two residential rental units, a shed/shop building and asmaller scale barn. The upper level (Unit A) of the main structure features a beautiful 2-bedroom, 1-bath apartment complete with in-unit laundry andprivate parking. Unit C has been fully renovated into an attractive office space complete with a half bath, laundry hookups, and its own private MainStreet entrance. Unit B is a executively polished 2-bedroom, 1.5-bath main level apartment. It boasts generous ceiling height, a large spacious livingarea and superior style kitchen. Additional highlights contain two spacious outbuildings, including a 20x48 metal building (with power and heat) and an18x35 barn with cold storage. This is not your average income generating property! Pairing all the charm and character that it offers with the fact that ithas been well maintained, you are sure to be proud to make it yours!

    Listing

    Contingency: None
    City: Elysian
    County: Le Sueur
    State: MN
    Property Style: 2 Stories
    Zip Code: 56028
    Subdivision Name: City Of Elysian

    Interior

    Flooring: Luxury Vinyl Plank
    Refrigerators: Two
    Appliances Included:
    • Dishwasher
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer

    Exterior

    Stories: Two
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Air Conditioning: Central Air
    Foundation Size: 2,535 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Gravel
    Unit Amenities: Washer/Dryer Hookup
    Road Frontage: City Street
    Exterior Material: Frame
    Roof Details:
    • Flat
    • Metal

    Lot & Land

    Acres: 0.21
    Geolocation: 44.198951, -93.677098
    Inclusions: Building
    Lot Dimensions: 00 x 00
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family

    Schools

    School District: 2143
    District Phone: 5072753115

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,572
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,572

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Commercial
    • Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

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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 True Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.