For Sale: New Prague MLS# 6508115
Active
$392,000
Commercial: Business,Retail
Built 1885
0.1 acres
New Prague Area schools
MLS# 6508115
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
If you have ever wanted to own a stunning commercial building in the heart of downtown New Prague, MN - this is your chance!
A stunning brick building with gorgeous hardwood floors, high ceilings, fresh bright white paint, charming light fixtures, make this a turn-key main floor building.
Directly off main street in a high-traffic location with south-facing windows.
The upstairs is the original New Prague bowling alley (see pics). The original equipment, bowling flooring, benches for the competitors, stadium seats for the elite viewers remain in the upstairs.
Brand new roof with warranty as of March 2024.
Don't miss your chance! Downtown Main Street New Prague is high in demand and will go quickly.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$392,000
Property Type:
Commercial
City:
New Prague
Garage Spaces:
0
County:
Scott
Year Built:
1885
State:
MN
Property Style:
Business, Retail
Zip Code:
56071
Interior
Ceiling Height:
16-20
Ranges:
None
Refrigerators:
None
Basement Details:
- Crawl Space
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
4
Air Conditioning:
Zoned
Foundation Size:
2,027 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- Zoned
Parking Features:
- Guest Parking
- More Parking Onsite for Fee
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
Age 8 Years or Less
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.1
Geolocation:
44.543887, -93.576211
Inclusions:
Building, Leases
Lot Dimensions:
25 x 170
Zoning:
Business/Commercial
Schools
School District:
721
District Phone:
952-758-1700
Expenses
Annual Insurance Expense:
$3,000
Annual Maintenance Expense:
$700
Annual Gross Expense:
$4,500
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,340
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,358
Income
Annual Gross Income:
$20,400
Rent
Annual Net Income:
$15,900
Units
Total Units:
4
Miscellaneous
Current Use:
Retail
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Heating Separate
Water System:
City Water/Connected
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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of eXp Realty.
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.