114 E Main Street, Pipestone, MN

$310,000

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0.09

Acres

About 114 E Main Street

Commercial mixed-use investment opportunity in Pipestone. Own one of the historic buildings of downtown Pipestone. Mixed use building with 12 apartments (most are occupied and rents range from $300 to $500 per month). In addition to the rental units, there are 4 commercial units that are currently vacant. You can rent them out and immediately increase your cash flow! All units metered separately. Coin operated laundry on site for additional income. Newer boiler and brand new hot water heater. Rubber roof installed about 10 years ago. Solid foundation and a sturdy building that just needs some TLC.

Features of 114 E Main Street

MLS® # 6749449
Price $310,000
Bathrooms 0.00
Acres 0.09
Year Built 1928
Type Commercial Sale
Sub-Type Low Rise
Style Low Rise
Status Pending

Community Information

Address 114 E Main Street
Subdivision Nichols Add
City Pipestone
County Pipestone
State MN
Zip Code 56164

Amenities

Garages On-Street Parking Only
Is Waterfront No
Has Pool No

Interior

Appliances Range, Refrigerator
Heating Boiler
Cooling Window Unit(s)
Fireplace No

Exterior

Lot Description Corner Lot
Roof Age Over 8 Years, Rubber
Construction Brick/Stone

School Information

District Pipestone Area Schools

Additional Information

Days on Market 107
Zoning Business/Commercial,Residential-Multi-Family
Foreclosure No
Short Sale No

Listing Details

OfficeEdina Realty, Inc.

Listing Map

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