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$339,900

2 Beds 2 Baths 0 SQFT 0.09 Acres
Type: Commercial

106 N Main Street
Le Sueur, MN 56058

MLS#: 6686903
Billy Gabler
Billy Gabler
The Real Estate Advantage
Agent
Phone: 612.916.9000
Office: 952.226.7700
Presented by: True Real Estate

Property Description

 

Turnkey investment opportunity, fully renovated, fully leased 2- unit property situated in the heart of Le Sueur. Opportunity for Live-Work Lifestyle, or income producing rental located in high-demand retail area, and busiest corner of town- with long term potential. This bold, Le Sueur Brick building sits in front of the Minnesota River. Charming, modern, yet kept the integrity of the historic character. Convenience and comfort: Parking and entrances in front of building, and private parking and entrances in the back. Main level-Retail, office space, currently leased through August 2028. Keyless entry. Step onto plank flooring, into a stylish interior with a fresh build-out, exposed and preserved brick, housing a large foyer/studio with 2 additional office spaces, a kitchenette and bathroom. Upper-level living is currently month to month lease. Enter into a brand-new renovated apartment. The sleek kitchen welcomes you in with a modern flair, black cabinets with grey and white accents. Two bedrooms, a large bathroom, washer/dryer. Enjoy western sunsets from the spacious deck. Basement is clean with loads of storage. Current rents: 106 (lower level Commerical ) $1600.00/month, most utilities included, excluding garbage and internet. Upper level (106 1/2 residential) $1600.00/month all utilities included, city water, sewer/garbage, internet and snow removal of back parking. New AC/Furnace/Roof inspected. Sound proofing between upper and lower level installed.


 

Interior Features

Bedrooms

Total Bedrooms2

Bathrooms

Total Baths2

Other Interior Features

BasementFull, Stone/Rock, Unfinished
Basement (Y/N)Yes
FuelNatural Gas

General

AccessibilityWheelchair Ramp(s)
Additional Parcels Y/NNo
AppliancesGas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
CityLe Sueur
ContingencyNone
CoolingCentral Air
CountyLe Sueur
Current UseProfessional/Office, Office, Residential
DirectionsUS 169 to MN 112 To Main St.
Electric Expense3435.43
Fuel Expense876.53
Garage Spaces0
Gross Income39360
HeatingForced Air
High School DistrictLeSueur-Henderson
Insurance Expense2753.63
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
Net Operating Income28187.01
New ConstructionNo
Number Of Units Total2
Operating Expense11172.99
OwnerPaysAll Utilities
PostalCityLe Sueur
Property TypeCommercial Sale
RoofFlat
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameTown Of Le Sueur
Tax Annual Amount$2,356
Tax Year2024
UtilitiesElectric Separate, Heating Separate
Year Built1880
Zoning DescriptionBusiness/Commercial

Exterior

Foundation Area1,000 sqft
InclusionsBuilding
Lot Dimensions25x150
Lot Size Area0 sqft
Parking FeaturesOther
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Elementary School N/A
Middle School N/A

  

Similar Properties

$339,900

2 Beds 2 Baths 0 SQFT 0.09 Acres
Type: Commercial

106 N Main Street
Le Sueur, MN 56058

MLS#: 6686903
Billy Gabler
Billy Gabler
The Real Estate Advantage
Agent
Phone: 612.916.9000
Office: 952.226.7700