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$1,295,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Subdivision Hadley Creek Outlots 2Nd
MLS Listing ID 6798913
Year Built 1990
Annual Tax Amount $17,790
Tax Year 2024
Contingent None
Lot Dimensions Irreg
Property Description
Tremendous opportunity to purchase this well built multi-use building with black top parking lot. Also, adjacent future development land is included (approximately 3 1/2 to 4 acres) with this property. Current building is in excellent condition with 4 bathrooms, kitchen area, conference rooms, event center, and only limited by your imagination! Potential uses could be, event center, commercial retail, offices, business services, day care, pet care and dog training site, church events, almost unlimited use, providing it conforms to zoning or rezoning options. Call for information on taxes and current possible uses, along with potential multi-family or villa home development potential on remaining acres. Professionally designed concept plan available for redevelopment idea. Property building is vacant, but was formerly used as a church, thus property taxes are from 2023 and depending on new use and developments, taxes are to be determined. The building alone would cost the asking price if built today! City water and sewer recently brought to the site and paid for in full...a developers dream, along with income from the building if rented. Much to explore on this rare financial opportunity. If interested in leasing the building call for that optional use.
Location
State MN
County Olmsted
Zoning Other
Interior
Heating Forced Air
Inclusions Building
Fireplace No
Appliance Dishwasher, Gas Water Heater, Refrigerator
Exterior
Parking Features Off Site, Parking Lot, Paved Lot
Utilities Available Electric Common
Roof Type Age Over 8 Years
Present Use Other
Building
Lot Description Tree Coverage - Light
Story One
Foundation 5336
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
New Construction false
Schools
School District Rochester
Others
Virtual Tour https://my.matterport.com/show/?m=f3QdjsL1q7m&mls=1
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Listed by Thomas Meilander • Edina Realty, Inc.
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