104 W Main Street, Cottonwood, MN

$249,900

13,833

Square feet

0.16

Acres

About 104 W Main Street

Prime Main Street investment opportunity offering exceptional multi-stream income and significant commercial upside. The upper level features five residential apartments, including two 1-bedroom units and three 2-bedroom units, delivering steady, in-place cash flow. The street level offers remarkable versatility across multiple distinct spaces with independent entrances, featuring a 2,700 sq. ft. space ready for build out, a 1,540 sq. ft. space that was recently updated and ready for move in, and an additional 680 sq. ft. storage or future expansion unit for the 2,700 sf space. Both main sections include dedicated full basements for expansive on-site storage or operational capacity. Key capital improvements include a durable spray-foam roof finished with a protective poly coating, three coats of commercial paint, and fresh sealant. With residential revenue already established and high-visibility commercial spaces ready to maximize returns, this versatile asset is a rare portfolio powerhouse.

Features of 104 W Main Street

MLS® # 7140136
Price $249,900
Square Footage 13,833
Acres 0.16
Year Built 1902
Type Commercial
Status Active
Contingency Type None

Community Information

Address 104 W Main Street
Subdivision Cottonwood
City Cottonwood
County Lyon
State MN
Zip Code 56229

Amenities

Utilities Electric Separate, Heating Separate
Parking On-Street Parking Only
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Forced Air
Cooling Window Unit(s)
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Features Stone, Steel Siding
Roof Flat, Rubber

School Information

District Lakeview

Additional Information

Zoning Business/Commercial,Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $1,332
Tax Year 2026
Office RE/MAX Results

Listing Details

OfficeRE/MAX Results

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