105 Main Street S, Stewartville, MN 55976
Wooldridge Add · Olmsted County
Key Facts
Description
Here is an amazing opportunity to add a value add cashflowing asset to your multi-family portfolio. Located in the Rochester MSA, anchored by Mayo Clinic and the $5.5 Billion in local, county and state investment to the area over the next 20 years via the Destination Medical Center Initiative. These 2 buildings are located in the heart of Stewartville, a growing and vibract community just south of Rochester. With the property located at the intersection of highways 63 and 30, you are located right in the heart of of the downtown Stewartville business district, with easy access to local amenities, including blocks away from Stewartville High School, and just a couple of miles from Rochester International Airport. The property consists of 2 buildings right next to each other. The main building consists of 16 multi-family units and 2 commercial spaces, and the adjacent building consists of 8 multi-family units. The electrical, many of the common areas, and over half of the residential units have been updated with current ownership. They purposefully left the remaining units to be updated to provide a value add opportunity for new owners. Please allow 48 hours advance notice for showings. Agent is owner.
Property Information
Property Type
Commercial Sale
Year Built
1870
Lot Size
0.16 acres
Lot Dimensions
52x320
Zoning
Business/Commercial, Resi
Days on Market
23
MLS® Listing#
7054657
Property Features
Cooling
Parking
Sewer
Water Source
Financial Details
Annual Taxes
$22,812
Parcel Number
543431030320
Directions
South on Hwy 63 towards Stewartville, arrive at the corner of Main St and 1st St in Stewartville.
Affordability Calculator
$360,000
Estimated monthly payment
$9,580/mo
Principal $1,440,000 · Est. interest $2,008,928 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Stewartville, MN
- $409,091
- Median Listing Price
- 129
- Median Days on Market
- 1,550
- Median Sq Ft
- $208
- Median Price / Sq Ft
- 37
- Active Listings
- This home’s price is 340% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Stewartville, MN.
Location
Points of Interest in Stewartville, MN
Showing the Stewartville area map.
Nearby Schools
Central Education Center
School · 0.1 mi away
Stewartville Public Schools
Secondary · 0.1 mi away
Stewartville High School
Secondary · 0.4 mi away
Stewartville Middle
Secondary · 0.5 mi away
Stewartville Public Schools
School · 0.6 mi away
Bonner Elementary School
Elementary · 0.6 mi away
Bear Cave Intermediate School
Elementary · 1.0 mi away
Rochester Alc Recovery Program
Secondary · 8.2 mi away
Willow Creek Middle School
Secondary · 9.4 mi away
Rochester Public Schools
School · 9.4 mi away
Bamber Valley Elementary School
Elementary · 9.4 mi away
Pinewood Elementary School
Elementary · 9.5 mi away
Ambassador Academy
School · 9.6 mi away
Franklin Elementary School
Elementary · 9.8 mi away
Montessori at Franklin Elementary
Elementary · 9.8 mi away
Faith Christian School
School · 9.8 mi away
Rosa Parks Charter High School
Secondary · 9.9 mi away
Rochester Math and Science Academy
School · 10.1 mi away
Longfellow Elementary School
Elementary · 10.3 mi away
Friedell Middle School
Elementary · 10.5 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Stewartville
Listing Courtesy: eXp Realty - 3205004397
Presented by: Mike Swenson