a Berkshire Hathaway affiliate

$499,900

592 Adams Avenue NW, Owatonna, MN 55060


592 Adams Avenue NW Owatonna, MN 55060

For Sale MLS# 5643697

Other

Data current as of {{getLocalTime('2020-11-28T19:25:35Z')}}

Details

MLS# 5643697

Description for 592 Adams Avenue NW, Owatonna, MN, 55060


Fully Occupied and ready for new ownership! This building has 4 spacious units each featuring 4 bedrooms, 1 bathroom, living room, lots of storage. In addition, there are 5 separate office spaces, conference room, common restrooms, commercial kitchen, laundry room, and utility room. This space has so much potential to continue as a rental or expand as a business opportunity.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 0.64 Acres

Square Feet: 6,660 sq ft

Year Built: 1982

Foundation: 6,660 sq ft

Garage: Yes

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Alden

Builder:

Foundation:

Total Units: 4

Current Use: Residential

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Steele

Days On Market: 102

HERS Score:

Construction Status: Previously Owned

School Information


District: 761 - Owatonna

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: No Stairs External, Roll-In Shower, Grab Bars In Bathroom, No Stairs Internal

Additional Interior Features: Ceiling Fan(s)

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

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

Other Utilities:

Cooling: Window

Heating: Baseboard, Natural Gas

Exterior / Lot Features


Garage Spaces: 1

Parking Spaces: 8

Parking Description: Detached Garage, Paved Lot, Garage Sq Ft - 264

Exterior: Wood

Roof: Asphalt Shingles

Lot View:

Lot Dimensions: 199x141

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Patio

Soil Type:

Tillable Acres:

Community Features


Complex Features: Patio

Pets Allowed: No

Association Name:

Driving Directions


From State Street across from West Hills turn on Adams Avenue and it is located on the left.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Cable T.V.

Owner Pays: Taxes,Insurance,Water/Sewer,Electric,Fuel,Maintenance/Repair,Janitorial,Trash,Snow,Lawn

Annual Income: $72,000

Annual Expense: $29,204

Ownership Type:

Tax/Property ID: 173720105

Tax Amount: $8,552

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$550,000 Original Price
$499,900 Current Price
-$50,100 Total Change
Date Price Change
8/20/2020 12:45 PM $499,900 -$50,100
8/19/2020 02:12 PM $550,000

Sales History

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Schools nearby 592 Adams Avenue NW

Schools in attendance boundaries 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