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Active NEW!
$275,000
/mo Edit
Commercial:  1 Story
2 br • 2 ba • Built 1920
0.181 acres
Lake City schools
MLS# 7131465
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    Property Description

    A unique mixed-use opportunity in the heart of Zumbro Falls! Located along Highway 60, this property combines a well-established commercial setting with an spacious 2 bedroom apartment, creating exciting possibilities for an owner-operator, investor, or entrepreneur. The commercial portion is currently configured as a hair salon and features a bright, open workspace with multiple salon stations, built-in cabinetry, a comfortable waiting area, restroom, and large additional storage in the basement along with and utility space. Its highly visible location provides convenient access for customers while placing the property near other local businesses and services. The attached main level apartment offers far more living space than you might expect with an open layout. 2 bedrooms, a full bath, additional half bath, and in-unit laundry. Outside, the apartment opens to a large yard enclosed by a privacy fence, along with patio space for relaxing, grilling, or entertaining. Use the commercial space for your own business while enjoying the convenience of living on-site, or explore the potential for separate residential rental income while operating or leasing the commercial portion. With flexible mixed-use possibilities, Highway 60 exposure, and close proximity to local amenities and the recreation of the Zumbro River, this property offers a creative opportunity to combine business, residential living, and investment potential under one roof.

    Listing

    Contingency: None
    City: Zumbro Falls
    County: Wabasha
    State: MN
    Property Style: 1 Story
    Zip Code: 55991
    Subdivision Name: Whaleys Add

    Interior

    Refrigerators: One
    Appliances Included:
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Storage Space
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Window Unit(s)
    Foundation Size: 1,620 ft2
    Fencing: Wood
    Handicap Accessible: No Stairs External
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Unit Amenities:
    • Ceiling Fan(s)
    • Washer/Dryer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.181
    Geolocation: 44.284109, -92.424874
    Inclusions: Building, Business, Inventory
    Lot Dimensions: 100 x 61
    Zoning: Business/Commercial

    Schools

    School District: 813
    District Phone: 6513452198

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,726
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,726

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Beauty/Barber Shop
    • Residential
    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric 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 Re/Max Results.
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