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Active NEW!
$250,000
/mo Edit
Commercial:  Other
6 br • 4 ba • Built 1910
0.02 acres
MLS# 7010505
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    Property Description

    Opportunity galore in this quaint building in downtown Hammond! Four total units. 1) Cozy kitchen/Dining area on the main floor. Kitchen was completely updated in 2011 2) Bar/retail or office space on the main floor, 3) Two bedroom apartment on upper level is currently leased to a long term renters 4) Freshly remodeled two bedroom apartment on the upper level currently used as a VRBO Vacation rental. Restaurant, Electrical, Mechanical equipment and kitchen equipment were all remodeled and updated in 2011. Large side lot with patio and stage has been used for outdoor concerts, Horseshoe tournaments and is perfect for your outdoor plans or building expansion. All of this is located in the picturesque Zumbro River Valley that attracts canoes, kayaks, Tubes, bicycles, Motorcycles and Car Clubs. Located just 15 minutes from Rochester, Lake City, and the Mississippi River. Bring your ideas and turn this opportunity into a bustling tourist destination!

    Listing

    Contingency: None
    City: Hammond
    County: Wabasha
    State: MN
    Property Style: Other
    Zip Code: 55991
    Subdivision Name: East Hammond

    Interior

    Ceiling Height: 8-10
    Flooring: Carpet, Tile, Vinyl, Wood

    Exterior

    Garage Spaces: 0
    Foundation Size: 2,200 ft2
    Handicap Accessible: Partially Wheelchair
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Open
    • Paved Lot
    Exterior Material: Frame
    Roof Details:
    • Pitched
    • Rolled/Hot Mop
    • Tar/Gravel

    Lake & Waterfront

    Waterfront View: River

    Lot & Land

    Acres: 0.02
    Geolocation: 44.222447, -92.369353
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Land
    Lot Dimensions: 92 x 118
    Zoning: Business/Commercial

    Farm

    Topography: Level

    Schools

    School District: 1929
    District Phone: 5073283000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,632
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,632

    Units

    Total Units: 4

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Food Service
    • Office
    • Residential
    Fuel System: Propane
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

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

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    Listing provided by RMLS, courtesy of Nielson Const & RE Services.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.