a Berkshire Hathaway affiliate

$165,000

107 3rd Street, Sandstone, MN 55072


107 3rd Street Sandstone, MN 55072

For Sale MLS# 5718832

3,850 sq ft Commercial

Data current as of {{getLocalTime('2021-04-20T21:55:05Z')}}

Details

MLS# 5718832

Description for 107 3rd Street, Sandstone, MN, 55072


Great potential for people looking for additional income.This property is a great money maker with two businesses on the main level and two apartments on the upper level. All four are currently occupied and reliable. Many repairs just completed. Just off of Main Street in downtown Sandstone, MN.Another option would be to live in one sections for free and let the others pay the mortgage.

Listing Information


Property Type: Commercial, Apartments and Retail,Office,Apartments/Multi Family

Status: Active

Lot Size: 0.10 Acres

Square Feet: 3,850 sq ft

Year Built: 1900

Foundation: 2,300 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Townsite Of Sandstone Quarries

Builder:

Foundation:

Total Units: 4

Current Use: Beauty/Barber Shop,Office,Residential,Professional Service

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Pine

Days On Market: 47

HERS Score:

Construction Status: Previously Owned

School Information


District: 2580 - East Central

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Range, Refrigerator

Flooring:

Basement: Poured Concrete, Slab, Partial, Unfinished, Storage Space

Additional Interior Features: Kitchen Window

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Hot Water Common,Electric Separate

Other Utilities:

Heating: Forced Air, Electric, Other, Natural Gas

Exterior / Lot Features


Parking Spaces: 4

Parking Description: Uncovered/Open, Driveway - Gravel

Exterior: Fiber Board, Metal, Wood

Roof: Pitched, Rubber, Asphalt Shingles

Lot View:

Lot Dimensions: 50x90

Farm Type:

Crop Type:

Zoning: Business/Commercial,Residential-Multi-Family

Additional Exterior/Lot Features: Road Frontage - City, State

Soil Type:

Tillable Acres:

Driving Directions


Take the I-35 Sandstone exit #191 East on MN-23, take slight right towards downtown on MN-123, follow to the left onto Main Street, turn right on 3rd Street (MN-123) for half a block. Property is on right.

Financial Considerations


Other Deposit Fees:

Assessments: $64

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric,Fuel

Owner Pays: Taxes,Insurance,Water/Sewer,Electric,Fuel

Annual Income: $29,340

Annual Expense: $7,620

Ownership Type:

Tax/Property ID: 455297000

Tax Amount: $3,186

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$170,000 Original Price
$165,000 Current Price
-$5,000 Total Change
Date Price Change
4/2/2021 05:01 PM $165,000 -$5,000
3/5/2021 06:46 AM $170,000

Sales History

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Schools nearby 107 3rd Street

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings