My notes for this property


Add listing to my favorites (required)
Active
$110,000
/mo Edit
Commercial:  1 Story
Built 1948
0.08 acres
MLS# 6824235
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

    Exceptionally well-maintained commercial office building offering over 1, 700 sq. ft. of versatile space (including garage) right on Main Street in Richmond. This property has seen numerous updates, including a newer roof, flooring, exterior paint, A/C, and furnace—ensuring peace of mind for years to come. Inside, you’ll find a welcoming reception area, four beautifully finished private offices, and functional layout options for a variety of business needs. A rare bonus: an oversized one-car attached garage, perfect for owners, managers, or additional storage. Prime location directly across from the bank in the heart of downtown Richmond, offering excellent visibility and convenience. Come see the ideal spot for your next business opportunity!

    Listing

    Contingency: None
    City: Richmond
    County: Stearns
    State: MN
    Property Style: 1 Story
    Zip Code: 56368
    Subdivision Name: Brunings Add

    Interior

    Ceiling Height: 8-10
    Flooring: Carpet, Engineered Hardwood, Vinyl
    Refrigerators: None
    Appliances Included:
    • Gas Water Heater
    • Water Softener Owned
    Basement Details:
    • Block
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Dimensions: 32x20
    Garage Size: 640 ft2
    Garage Door Height: 8
    Garage Door Width: 12
    Air Conditioning: Central Air
    Foundation Size: 1,280 ft2
    Foundation Dimensions: 20x64
    Fencing: None
    Handicap Accessible: Hallways 42"+, No Stairs External, No Stairs Internal, Partially Wheelchair
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Assigned
    • Attached Garage
    • Contract Pkg Required
    • Gravel
    • Guest Parking
    • More Parking Offsite for Fee
    • Secured
    • Shared Driveway
    Unit Amenities:
    • Ceiling Fan(s)
    • City View
    • Deck
    • Dock
    • Local Area Network
    • Multiple Phone Lines
    • Natural Woodwork
    • Security Lights
    • Skylight
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Concrete
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Composition
    • Rubber
    • Tar/Gravel

    Lot & Land

    Acres: 0.08
    Geolocation: 45.454323, -94.518253
    Inclusions: Building
    Lot Dimensions: 25 x 142
    Zoning: Business/Commercial
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 2255
    District Phone: 3206854901

    Expenses

    Annual Maintenance Expense: $3,000
    Tenant Expenses: Broadband, Cable TV, Common Area Maintenance, Electricity, Fuel, Gas, Maintenance, Taxes, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,698
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,698

    Income

    Annual Gross Income: $120,000

    Rent

    Annual Net Income: $60,000

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Office
    • Professional Service
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System:
    • City Sewer - In Street
    • Shared Septic
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: City Water/Connected
    Power Company Name: Stearns Electric Association

    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

    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.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Century 21 First Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.