For Sale: Glencoe MLS# 6602993
Active
$399,000
Commercial: Business,Office,Retail
Built 1980
0.26 acres
Glencoe-Silver Lake schools
MLS# 6602993
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Property Description
Take a look at this 8000+ square foot building. This property is located in downtown Glencoe along State Highway 22. The property is currently 2 units. Any retail or service business would be a perfect fit for this property. The building was built in 1980 and is a concrete building, with a dock in the rear of the building. There is on street parking and about 5 stalls of off-street parking in the back. This property will have a new roof installed as part of the sale. Great property!!!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$399,000
Property Type:
Commercial
City:
Glencoe
Garage Spaces:
0
County:
McLeod
Year Built:
1980
State:
MN
Property Style:
Business, Office, Retail
Zip Code:
55336
Subdivision Name:
Town Of Franklin
Interior
Ceiling Height:
8-10
Basement Details:
Slab
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
5
Air Conditioning:
Central Air
Foundation Size:
8,229 ft2
Foundation Dimensions:
85x97
Handicap Accessible:
Grab Bars In Bathroom, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- Outdoor Furnace
Parking Features:
- Gravel
- Other
- Parking Lot
Shared Amenities:
Dock
Unit Amenities:
Dock
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- State Road
- Storm Sewer
- Street Lights
Exterior Material:
- Block
- Brick/Stone
Roof Details:
- Age 8 Years or Less
- Flat
- Rubber
Lot & Land
Acres:
0.26
Geolocation:
44.768769, -94.152431
Inclusions:
Building
Lot Dimensions:
86 x 132
Zoning:
Business/Commercial
Lot Description:
Irregular Lot
Farm
Topography:
Level
Schools
School District:
2859
District Phone:
320-864-2498
Expenses
Annual Caretaker Expense:
$2,245
Annual Insurance Expense:
$1,524
Annual Gross Expense:
$25,503
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$9,438
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,438
Income
Annual Gross Income:
$31,200
Rent
Annual Net Income:
$5,697
Units
Total Units:
2
Miscellaneous
Current Use:
- Commercial
- Office
- Professional Service
- Professional/Office
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
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 Priority One-Metrowest 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.