My notes for this property


Add listing to my favorites (required)
Active
$360,000
/mo Edit
Commercial:  Apartments/Retail
Built 1940
0.06 acres
New London-Spicer schools
MLS# 6687495
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Historic building located right on bustling Main Street New London. This iconic main street building has two commercial spaces - an open concept space on the main level and the lower level with separate access and private spaces are ready for occupancy. This building provides additional income with 4 residential apartments all with current leases. Off street parking in the back, tons of updates inside and out. A great investment- great visibility and high traffic and foot count- this building is ready for it's new owner. Don't miss out on this rare opportunity!

    Listing

    Contingency: None
    City: New London
    County: Kandiyohi
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 56273
    Subdivision Name: New London Town Of

    Interior

    Basement Details:
    • Full
    • Partially Finished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 3
    Air Conditioning: Central Air, Window Unit(s)
    Foundation Size: 1,740 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Gravel
    Exterior Material:
    • Block
    • Engineered Wood
    • Wood Siding
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.06
    Geolocation: 45.3006699477, -94.9441634405
    Inclusions: Building, Leases
    Lot Dimensions: 2791
    Zoning: Business/Commercial

    Schools

    School District: 345
    District Phone: 320-354-2252

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,778
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,778

    Units

    Total Units: 6

    Miscellaneous

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

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Listing provided by RMLS, courtesy of 320 Real Estate Co.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.