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Active
$225,000
/mo Edit
Commercial:  Other
Built 1920
0.2 acres
Belle Plaine schools
MLS# 7072357
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    Property Description

    Located in the heart of Belle Plaine, this versitle mixed-use property offers multiple options for a buyer. The building features seven individual office suites along with one updated two-bedroom apartment, making it ideal for investors or owner-occupants alike. The residental apartment was extensively updated in 2021 with a new furnace and central A/C, updated flooring and carpet, and fresh paint throughout. The commercial portion of the property has also seen recent improvements, including freshly painted common areas along with new carpet and flooring, providing a clean and professional atmosphere for tenants and clients. Additional features include a large open basement area that offers excellent storage potential. Conveniently located with strong visibility and easy access, this property combines functionality, updates, and long-term investment appeal in a growing community.

    Listing

    Contingency: None
    City: Belle Plaine
    County: Scott
    State: MN
    Property Style: Other
    Zip Code: 56011
    Subdivision Name: City Of Belle Plaine

    Interior

    Ceiling Height: 8-10
    Flooring: Carpet, Vinyl
    Refrigerators: Two
    Appliances Included:
    • Dishwasher
    • Dryer
    • Gas Water Heater
    • Range
    • Refrigerator
    • Washer
    • Water Softener Owned
    Basement Details: Storage Space

    Exterior

    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 7,100 ft2
    Handicap Accessible: Doors 36"+, Grab Bars In Bathroom
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Storm Sewer
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.2
    Geolocation: 44.624346, -93.767767
    Inclusions: Building, Fixture/Equipment, Land, Leases, Rental License
    Lot Dimensions: 32 x 142
    Zoning: Business/Commercial

    Schools

    School District: 716
    District Phone: 9528732400

    Expenses

    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,106
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,540

    Income

    Annual Gross Income: $26,565

    Units

    Total Units: 8

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Professional/Office
    • Residential
    • Retail
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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    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!

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