a Berkshire Hathaway affiliate

$150,000

601 1st Street W, Madison, MN 56256


$150,000

Off-Market Date: 1/19/2021

($125,000) 2/27/2020

601 1st Street W Madison, MN 56256

Pending MLS# 5279013

15,040 sq ft Commercial

Data current as of {{getLocalTime('2021-05-13T15:25:14Z')}}

Details

for 601 1st Street W

MLS# 5279013

Description for 601 1st Street W, Madison, MN, 56256


This property could be yours to start your own business. The main building is 80' x 188'. Fully heated and air conditioned retail space with a good metal pitched roof. There is a metal clad pole building 40' x 80' in the back for more storage area. The main building has several areas in it or open it up for one huge show room.

Listing Information


Property Type: Commercial, Business Opportunity

Status: Pending

Lot Size:

Square Feet: 15,040 sq ft

Year Built: 1947

Foundation: 15,040 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 1

Current Use: Business Service

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Lac Qui Parle

Days On Market: 525

HERS Score:

Construction Status: Previously Owned

School Information


District: 2853 - Lac Qui Parle Valley

Elementary:

Middle:

High:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Common

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 0

Parking Description: On-Street Parking Only

Exterior: Brick/Stone

Lot View:

Lot Dimensions: 38674

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Driving Directions


On the southeast corner of Hwy 40 and 6th Avenue

Financial Considerations


Other Deposit Fees:

Assessments: $1,513

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 540676000

Tax Amount: $975

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$250,000 Original Price
$150,000 Current Price
-$100,000 Total Change
Date Price Change
2/27/2020 11:54 AM $150,000 +$25,000
1/21/2020 11:20 AM $125,000 -$125,000
8/14/2019 02:43 PM $250,000

Sales History

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Tax Summary

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Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 601 1st Street W

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