For Sale: Winsted MLS# 6590808
Active
$375,000
Commercial: Mixed Use,Low Rise,Office
Built 1900
0.23 acres
Howard Lake-Waverly-Winst schools
MLS# 6590808
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Property Description
Amazing opportunity to own a vintage building that is in impeccable condition, has a wonderful rental history. Lower level ready to finish for additional office, storage, apartment space. (Have plans for an addition).
Listing
Listing Status:
Active
Contingency:
None
List Price:
$375,000
Property Type:
Commercial
City:
Winsted
Garage Spaces:
0
County:
McLeod
Year Built:
1900
State:
MN
Property Style:
Mixed Use, Low Rise, Office
Zip Code:
55395
Subdivision Name:
Barretts
Interior
Ceiling Height:
8-10
Ranges:
Two
Refrigerators:
Two
Appliances Included:
- Dishwasher
- Electric Water Heater
- Range
- Refrigerator
Basement Details:
- Daylight/Lookout Windows
- Full
- Stone/Rock
- Unfinished
- Walkout
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
10
Air Conditioning:
Central Air
Foundation Size:
1,824 ft2
Foundation Dimensions:
76x24
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Driveway - Other Surface
- Gravel
- Open
- Shared Driveway
Unit Amenities:
- Balcony
- Ceiling Fan(s)
- City View
- Deck
- Hardwood Floors
- Kitchen Window
- Main Floor Primary Bedroom
- Panoramic View
- Security Lights
- Tile Floors
- Walk-In Closet
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Street Lights
Exterior Material:
Stucco
Roof Details:
- Age 8 Years or Less
- Flat
- Rubber
Lake & Waterfront
Waterfront Present:
N
Waterfront Name:
Winsted
Waterfront View:
Lake
DNR Lake ID#:
43001200
WF Frontage:
0
Elev Highpt to WF feet:
40+
Waterfront Slope:
Gradual
Lake Chain Name:
N
Lake Acres:
382
Lake Depth:
12
Waterfront:
Lake View
Lake Bottom:
Soft
Lot & Land
Acres:
0.23
Geolocation:
44.963851, -94.04661
Inclusions:
Building, Land, Leases
Lot Dimensions:
100 x 105
Zoning:
- Business/Commercial
- Other
Lot Description:
- Corner Lot
- Tree Coverage - Light
Farm
Topography:
High Ground
Schools
School District:
2687
District Phone:
320-543-3521
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$3,818
Annual Fuel Expense:
$3,569
Annual Insurance Expense:
$2,992
Annual Maintenance Expense:
$4,195
Annual Gross Expense:
$19,965
Annual Trash Expense:
$2,418
Annual Water/Sewer Expense:
$2,473
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,192
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,192
Income
Annual Gross Income:
$34,200
Rent
Annual Net Income:
$14,235
Units
Total Units:
5
Miscellaneous
Current Use:
- Office
- Residential
- Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Separate
Water System:
City Water/Connected
Mortgage Calculator
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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 RE/MAX Results.
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.