$340,000
$365,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 02/28/2020
Key Details
Sold Price $340,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5226818
Sold Date 02/28/20
Year Built 1906
Annual Tax Amount $4,507
Tax Year 2019
Contingent None
Lot Dimensions 58 116
Property Description
Attention Investors-this investment property is located in beautiful downtown Glenwood and generates consistent income. The upper levels consist of 15 residential units (currently each unit is full). The lower level currently has two commercial tenants. The commercial units have excellent exposure along St Hwy 28/Minnesota Avenue and is located less than ½ of a block from St Hwy 29/Franklin Street. Downtown Glenwood recently had a beautification project completed in 2018. Both commercial and residential areas of the property have been well-maintained.
Location
State MN
County Pope
Zoning Business/Commercial
Rooms
Basement Full, Unfinished
Interior
Heating Boiler, Hot Water
Cooling None
Fireplace No
Exterior
Garage On-Street Parking Only
Utilities Available Electric Separate, Heating Common
Roof Type Flat, Tar/Gravel
Present Use Professional/Office, Residential, Retail
Parking Type On-Street Parking Only
Building
Foundation 26912
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Minnewaska
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