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Active
$159,900
/mo Edit
Commercial:  Mixed Use,Office
Built 1912
0.08 acres
Tri-City United schools
MLS# 6533442
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    Property Description

    Welcome to downtown Lonsdale. The building is a two story building with main level 1250 SF with open design with vestibule front entry and renovated store front with ramp access and newer infrastructure. Fully renovated interior with spray foam walls and ceiling and 3/4 inch hardwood maple floors with rubber cushion over 3/4 inch plywood. Handicap bath and storage/mechanical room and rear entry with large open back yard to alley. Space was used as a dance center but offices, retail, professional service or a variety of uses to consider adding a garage area. The second level offers 1200 SF apartment which needs renovation. Rear entry with interior staircase to kitchen, dining, living, two bedrooms, office and bath. Available Immediately. Buyers responsible for occupancy uses, renovation/permits on 2nd Level or former apartment.

    Listing

    Contingency: None
    City: Lonsdale
    County: Rice
    State: MN
    Property Style: Mixed Use, Office
    Zip Code: 55046
    Subdivision Name: City/Lonsdale

    Interior

    Ceiling Height: 8-10
    Ranges: None
    Refrigerators: None
    Appliances Included: Electric Water Heater
    Basement Details:
    • Block
    • Brick/Mortar
    • Full
    • Posts
    • Storage Space
    • Sump Pump

    Exterior

    Stories: Two
    Other Parking Spaces: 2
    Air Conditioning: Central Air
    Foundation Size: 1,250 ft2
    Foundation Dimensions: 25x50
    Handicap Accessible: Doors 36"+, Fully Wheelchair, Grab Bars In Bathroom, Door Lever Handles, Partially Wheelchair, Wheelchair Ramp(s)
    Road Responsibility: Private Maintained Road
    Heating System:
    • Forced Air
    • Space Heater
    Parking Features:
    • Driveway - Other Surface
    • Guest Parking
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Cedar
    • Fiber Board
    • Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Pitched
    • Rubber

    Lot & Land

    Acres: 0.08
    Geolocation: 44.480969, -93.428038
    Inclusions: Building, Land
    Lot Dimensions: 28 x 125
    Zoning: Business/Commercial
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 2905
    District Phone: 507-364-8100

    Expenses

    Tenant Expenses: All Utilities, Insurance, Grounds Care, Snow Removal, Taxes, Trash Collection

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $2,356
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,356

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Office
    • Professional Service
    • Professional/Office
    • Residential
    • Retail
    • Vacant
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Separate
    • Hot Water Common
    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 DF & Company, Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.