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Active NEW!
$325,000
/mo Edit
Commercial:  2 Stories
7 br • 5 ba • Built 1900
0.137 acres
Lester Prairie schools
MLS# 7142810
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    Property Description

    If you are looking to get into commercial real estate this is the perfect entry point. There is plenty of room for growth, multiple income streams, and all for an affordable price. Local bank is ready to help you finance your next investment! There is 4 apartments, and a main floor commercial space with street entrance with no steps. There is a contract with the bank to allow tenants to park next to the building otherwise off street parking is available.

    Listing

    Contingency: None
    City: Lester Prairie
    County: McLeod
    State: MN
    Property Style: 2 Stories
    Zip Code: 55354
    Subdivision Name: Lester Prairie

    Interior

    Refrigerators: Four
    Appliances Included:
    • Dryer
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Full
    • Shared Access
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Air Conditioning: Window Unit(s)
    Foundation Size: 4,970 ft2
    Handicap Accessible: Wheelchair Ramp(s)
    Heating System: Forced Air
    Parking Features:
    • More Parking Onsite for Fee
    • On-Street Parking Only
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.137
    Geolocation: 44.884773, -94.041444
    Inclusions: Building, Leases
    Lot Dimensions: 50 x 120
    Zoning: Business/Commercial

    Schools

    School District: 424
    District Phone: 3203952521

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,872
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,872

    Units

    Total Units: 5

    Miscellaneous

    Current Use: Commercial
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.