For Sale: Preston MLS# 6674721
Active
$249,900
Commercial: Apartments/Retail
Built 1889
0.05 acres
Glenwood City schools
MLS# 6674721
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Nestled in the picturesque Root River valley of Preston youâ??ll find this historic building now awaiting new owners ready to start the next chapter. Light filters in through stained glass windows, highlighting a warm and inviting pub with natural woodwork and vintage fixtures that reveals its long and storied history. But the draw of the pub down the street where everyone knows your name is only the beginning. This building has been lovingly updated with many necessary and current features youâ??d expect and want in a retail space. Central air conditioning on the main floor, with additional supplemental air conditioning in the upstairs apartment; updated 400 amp commercial electrical service; a new POS system for the bar; well-functioning kitchen with Avantco refrigerator and prep station, and full-size Vulcan convection oven. And speaking of the apartment â?? take a tour of the upstairs, and find a two, perhaps three bedroom apartment with a full kitchen, bath and ample living space. This business is turn-key, and looking for someone with a vision to take advantage of the Preston bike trail and trout fishing tourism!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$249,900
Property Type:
Commercial
City:
Preston
Garage Spaces:
0
County:
Fillmore
Year Built:
1889
State:
MN
Property Style:
Apartments/Retail
Zip Code:
55965
Subdivision Name:
Preston Original
Interior
Refrigerators:
Three
Exterior
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
Central Air, Window Unit(s)
Foundation Size:
2,650 ft2
Foundation Dimensions:
54 x 50
Handicap Accessible:
Partially Wheelchair
Heating System:
Forced Air
Parking Features:
Off Site
Exterior Material:
Brick/Stone
Roof Details:
- Metal
- Rubber
Lot & Land
Acres:
0.05
Geolocation:
43.669645, -92.081699
Inclusions:
Fixture/Equipment
Lot Dimensions:
50 x 70
Zoning:
Business/Commercial
Schools
School District:
2198
District Phone:
507-765-3843
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$888
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$888
Units
Total Units:
2
Miscellaneous
Current Use:
- Bar/Tavern
- Commercial
- Food Service
- Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- 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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Pathfinder Realty, LLC.
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.