105 Main Street S, Stewartville, MN
$1,700,000
5,905
Square feet
0.16
Acres
About 105 Main Street S
Here is an amazing opportunity to add a value add cashflowing asset to your multi-family portfolio. Located in the Rochester MSA, anchored by Mayo Clinic and the $5.5 Billion in local, county and state investment to the area over the next 20 years via the Destination Medical Center Initiative. These 2 buildings are located in the heart of Stewartville, a growing and vibract community just south of Rochester. With the property located at the intersection of highways 63 and 30, you are located right in the heart of of the downtown Stewartville business district, with easy access to local amenities, including blocks away from Stewartville High School, and just a couple of miles from Rochester International Airport. The property consists of 2 buildings right next to each other. The main building consists of 16 multi-family units and 2 commercial spaces, and the adjacent building consists of 8 multi-family units. The electrical, many of the common areas, and over half of the residential units have been updated with current ownership. They purposefully left the remaining units to be updated to provide a value add opportunity for new owners. Please allow 48 hours advance notice for showings. Agent is owner.
Features of 105 Main Street S
| MLS® # | 7054657 |
|---|---|
| Price | $1,700,000 |
| Square Footage | 5,905 |
| Acres | 0.16 |
| Year Built | 1870 |
| Type | Commercial |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 105 Main Street S |
|---|---|
| Subdivision | Wooldridge Add |
| City | Stewartville |
| County | Olmsted |
| State | MN |
| Zip Code | 55976 |
Amenities
| Utilities | Electric Separate, Heating Common, Hot Water Common |
|---|---|
| Parking | Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Boiler |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Stone |
|---|
School Information
| District | Stewartville |
|---|
Additional Information
| Zoning | Business/Commercial,Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $22,812 |
| Tax Year | 2025 |
| Office | eXp Realty |
Listing Details
| Office | eXp Realty |
|---|