a Berkshire Hathaway affiliate

$119,900

420 E Sheridan Street, Ely


420 E Sheridan Street Ely, MN 55731

For Sale MLS# 134255

2,456 sq ft Commercial

Data current as of {{getLocalTime('2019-11-22T21:00:52Z')}}

Details

MLS# 134255

Description for 420 E Sheridan Street, Ely, MN, 55731


RENTAL INCOME - Retail Beauty Salon, with nice 3 bedroom apartment on second floor. Main floor has a large front area plus 3 private offices and a conference room with kitchen area in the back. New Heating system with propane furnace January 2014. All flooring, windows, siding, and wiring replaced since 2008. Current tenants leases must be honored to the extent of the law. Main floor lease is in place until November 1, 2021 with incremental increases. Possible Contract for Deed with $35,000 down @ 6% interest. New metal roof on main section of the building installed August of 2016. Owner/Agent

Listing Information


Property Type: Commercial

Status: Active

Lot Size:

Square Feet: 2,456 sq ft

Year Built: 1925

Foundation:

Garage: No

Stories:

Construction: Wood Frame

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County:

HERS Score:

Construction Status:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Basement: Poured, Full, Walkout

Additional Interior Features:

Utilities


Available Utilities: City Sewer,City Water

Other Utilities:

Cooling: Window Unit

Heating: Propane

Exterior / Lot Features


Parking Description:

Exterior: Steel

Roof: Metal

Lot View:

Lot Dimensions:

Farm Type:

Crop Type:

Zoning: Comm

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

Soil Type:

Tillable Acres:

Waterfront Details


DNR Lake ID:

Water Front Type: 0 - None

Water Frontage:

Lake Acres:

Lake Depth:

Lake Bottom:

Lake Chain Name:

Lake Chain Acres:

Road Between Waterfront and Home: No

Slope To Waterfront:

High Point to Waterfront:

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 030-0370-01090

Tax Year:

HomeStead Description:

Sales History

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Tax Summary

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Schools nearby 420 E Sheridan Street

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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