MN > Pipestone > Nichols Add
Pipestone, MN 56164,114 E Main ST
Pipestone, MN 56164,114 E Main ST
Pipestone, MN 56164,114 E Main ST
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$310,000
Est. payment /mo
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3,920 Sqft Lot
Active

114 E Main ST Pipestone, MN 56164

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Erica Lawton

Erica Lawton

+1(715) 495-0456

UPDATED:

Key Details

Property Type Commercial

Sub Type Low Rise

Listing Status Active

Purchase Type For Sale

Subdivision Nichols Add

MLS Listing ID 6749449

Year Built 1928

Annual Tax Amount $3,980

Tax Year 2025

Contingent None

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 27x150

Property Sub-Type Low Rise

Property Description

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.

Location

State MN

County Pipestone

Zoning Business/Commercial,Residential-Multi-Family

Rooms

Basement Concrete

Interior

Heating Boiler

Cooling Window Unit(s)

Inclusions Building

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features On-Street Parking Only

Utilities Available Electric Separate, Hot Water Common

Roof Type Age Over 8 Years,Rubber

Present Use Commercial,Residential

Building

Lot Description Corner Lot

Story Three Or More

Foundation 3900

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick/Stone

Schools

School District Pipestone Area Schools

Listed by Brian Faulkner • Edina Realty, Inc.
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+1(715) 495-0456

https://homesbylawton.com

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114 E Main ST