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
| Office | RE/MAX Results |
|---|