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$12
/mo Edit
Commercial:  Office
Built 2000
0.39 acres
Red Wing schools
MLS# 6634275
My rating:
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    Property Description

    111 Hill St. is a multi-tenant office building that has three separate units, each with separate entrances and separate utility meters. This investment opportunity has two long term tenants already. An owner/user could occupy the vacant office suite of 1, 080 SF. The updated office build out has views of Red Wing Bay on the Mississippi. Call agent to arrange a showing. Showing time not available for this property. Lease rate is $11.50/SF NNN and Tax & CAM estimate $3.42/SF.

    Listing

    Contingency: None
    City: Red Wing
    County: Goodhue
    State: MN
    Property Style: Office
    Zip Code: 55066
    Subdivision Name: Freeborns Add

    Interior

    Ceiling Height: 8-10
    Basement Details:
    • Partial
    • Single Tenant Access

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 12
    Air Conditioning: Central Air
    Foundation Size: 3,900 ft2
    Handicap Accessible: No Stairs External
    Heating System: Forced Air
    Parking Features:
    • Parking Lot
    • Paved
    Exterior Material: Brick/Stone
    Roof Details: Asphalt

    Lake & Waterfront

    Waterfront Present: N
    Waterfront Name: Mississippi River
    DNR Lake ID#: S9990304
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront: River View

    Lot & Land

    Acres: 0.39
    Geolocation: 44.56394, -92.542045
    Inclusions: Building, Leases
    Lot Dimensions: 150 x 129
    Zoning: Business/Commercial

    Schools

    School District: 256
    District Phone: 651-385-4500

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $8,090
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,090

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Commercial
    • Professional Service
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water 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.
    Payment:  /mo

    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.
    It would be our pleasure to assist you with your home purchase!

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