a Berkshire Hathaway affiliate

$55,000

114 S 9th Street, Olivia, MN 56277


$55,000

Off-Market Date: 4/3/2021

($15,100) 2/12/2021

114 S 9th Street Olivia, MN 56277

Pending MLS# 5315453

5,292 sq ft Commercial

Data current as of {{getLocalTime('2021-04-21T17:08:24Z')}}

Details

MLS# 5315453

Description for 114 S 9th Street, Olivia, MN, 56277


Commercial property currently set up as a restaurant with banquet room. Could easily be transformed into retail or office space. Located in downtown Olivia with good foot and car traffic daily. Sale includes building, fixtures, and any remaining kitchen equipment/tools, tables and chairs. County and city incentive programs may be available for new buyer, call for more information.

Listing Information


Property Type: Commercial, Business Opportunity

Status: Pending

Lot Size: 0.17 Acres

Square Feet: 5,292 sq ft

Year Built: 1975

Foundation: 5,292 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Original

Builder:

Foundation:

Total Units: 1

Current Use: Restaurant,Food Service,Commercial,Vacant

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: Yes

Potential Short Sale: No

Auction: No

County: Renville

Days On Market: 554

HERS Score:

Construction Status: Previously Owned

School Information


District: 2534 - Bird Island-Olivia-Lake L

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Basement: None

Accessibility: No Stairs External, No Stairs Internal, Fully Wheelchair

Additional Interior Features: Indoor Sprinklers

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Common,Hot Water Common,Electric Common

Other Utilities:

Cooling: Central, Wall

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 6

Parking Description: On-Street Parking Only, Paved Lot

Exterior: Vinyl, Brick/Stone, Steel Siding

Roof: Pitched, Metal

Lot View:

Lot Dimensions: 50x150

Farm Type:

Crop Type:

Zoning: Business/Commercial

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

Soil Type:

Tillable Acres:

Driving Directions


From Highway 212, turn south at the stoplights in Olivia. Property will be on your right in downtown Olivia.

Financial Considerations


Other Deposit Fees:

Assessments: $110

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 350065000

Tax Amount: $1,810

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$89,000 Original Price
$55,000 Current Price
-$34,000 Total Change
Date Price Change
2/12/2021 05:59 PM $55,000 +$5,100
2/11/2021 12:22 PM $49,900 -$15,100
7/30/2020 08:20 AM $65,000 -$14,000
11/25/2019 11:51 AM $79,000 -$10,000
9/28/2019 10:27 AM $89,000

Sales History

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Tax Summary

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Schools nearby 114 S 9th 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.

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Contingent and Pending statuses may not be available for all listings