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

OfficeeXp Realty

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