For Sale: Otsego MLS# 6805902
Active
$850,000
Commercial: Business Opportunity
Built 1987
1.21 acres
Elk River schools
MLS# 6805902
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Property Description
Turn key adult group home with 4 occupants. Staff available, financials available upon request. Business and home sells together as one unit.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$850,000
Property Type:
Commercial
City:
Otsego
Garage Spaces:
5
County:
Wright
Year Built:
1987
State:
MN
Property Style:
Business Opportunity
Zip Code:
55330
Subdivision Name:
Walesch Estates
Interior
Ranges:
One
Refrigerators:
One
Appliances Included:
- Dishwasher
- Dryer
- Exhaust Fan
- Gas Water Heater
- Microwave
- Range
- Refrigerator
Basement Details:
- Storage Space
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
5
Garage Dimensions:
24x36
Garage Size:
1,439 ft2
Garage Door Width:
15
Other Parking Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
550 ft2
Handicap Accessible:
Stair Lift
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Detached
- Garage Door Opener
- Gravel
- Heated Garage
- Insulated Garage
- Multiple Garages
- Storage
Unit Amenities:
- Deck
- Kitchen Center Island
- Kitchen Window
- Security System
- Vaulted Ceiling(s)
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Vinyl Siding
Roof Details:
- Age 8 Years or Less
- Architectural Shingle
Rooms
Shared Rooms:
Amusement/Party Room
Lot & Land
Acres:
1.21
Geolocation:
45.268869, -93.595726
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land
Lot Dimensions:
168 x 214 x 286 x 280
Zoning:
Residential-Single Family
Lot Description:
- Corner Lot
- Many Trees
Farm
Topography:
Gently Rolling
Schools
School District:
728
District Phone:
763-241-3400
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,422
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,422
Income
Annual Gross Income:
$1,050,000
Units
Total Units:
5
Miscellaneous
Current Use:
- Commercial
- Office
- Professional Service
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
- Mound Septic
- Septic System Compliant - Yes
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
- Private
- Well
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of Legacy Home Group MN LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.