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Active
$39,500
/mo Edit
Commercial:  Office
Built 1932
0.07 acres
Buffalo Lake-Hector-Stewart schools
MLS# 6685126
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    Property Description

    Updated office building in downtown Hector. The building offers a front reception area, 2 private offices, work room, break room and 1 bathroom. There is a full basement for storage and mechanical units for the building. The back of the building has 2 owner parking spaces with access from the alley.

    Listing

    Contingency: None
    City: Hector
    County: Renville
    State: MN
    Property Style: Office
    Zip Code: 55342
    Subdivision Name: Original

    Interior

    Basement Details: Full

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 2
    Air Conditioning: Central Air
    Foundation Size: 840 ft2
    Foundation Dimensions: 20' x 42'
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Shared Amenities: None
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.07
    Geolocation: 44.744291, -94.715674
    Inclusions: Building
    Lot Dimensions: 20' x 150'
    Zoning: Business/Commercial

    Schools

    School District: 2159
    District Phone: 320-848-2233

    Expenses

    Annual Electric Expense: $660
    Annual Fuel Expense: $1,200
    Annual Insurance Expense: $2,963
    Annual Gross Expense: $6,853
    Annual Water/Sewer Expense: $1,320
    Tenant Expenses: Cable TV

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $710
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $710

    Income

    Annual Gross Income: $12,600

    Rent

    Annual Net Income: $5,747

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Professional/Office
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Minnesota Lands and Homes Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.