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$ 249,900
Est. payment /mo
New
104 W Main ST Cottonwood, MN 56229
6,969 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Cottonwood
MLS Listing ID 7140136
Year Built 1902
Annual Tax Amount $1,332
Tax Year 2026
Contingent None
Lot Size 6,969 Sqft
Lot Dimensions 50x135x50x135
Property Description
Prime Main Street investment opportunity offering exceptional multi-stream income and significant commercial upside. The upper level features five residential apartments, including two 1-bedroom units and three 2-bedroom units, delivering steady, in-place cash flow. The street level offers remarkable versatility across multiple distinct spaces with independent entrances, featuring a 2,700 sq. ft. space ready for build out, a 1,540 sq. ft. space that was recently updated and ready for move in, and an additional 680 sq. ft. storage or future expansion unit for the 2,700 sf space. Both main sections include dedicated full basements for expansive on-site storage or operational capacity. Key capital improvements include a durable spray-foam roof finished with a protective poly coating, three coats of commercial paint, and fresh sealant. With residential revenue already established and high-visibility commercial spaces ready to maximize returns, this versatile asset is a rare portfolio powerhouse.
Location
State MN
County Lyon
Zoning Business/Commercial,Residential-Multi-Family
Rooms
Basement Full
Interior
Heating Baseboard, Forced Air
Cooling Window Unit(s)
Inclusions Other
Fireplace No
Exterior
Parking Features On-Street Parking Only
Utilities Available Electric Separate, Heating Separate
Roof Type Flat,Rubber
Present Use Other
Building
Story Two
Foundation 4500
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Lakeview
Listed by Kerby Skurat • RE/MAX Results
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