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$165,000

1 Beds 2 Baths 2,000 SQFT 0.11 Acres
Type: Commercial

107 State Street NW
Evansville, MN 56326

MLS#: 7134284
Michael Forrest
Michael Forrest
The Real Estate Advantage
Agent
Phone: 952.210.6951
Office: 952.226.7700
Presented by: eXp Realty

Property Description

 

Discover a unique investment opportunity in the heart of Evansville! Formerly the local bottle shop, this property has been thoughtfully converted into a one-bedroom, two-bath apartment plus five individual storage units. With every unit currently rented, the property offers immediate income and a diversified rental stream from one convenient location. The apartment features approximately 800 square feet and modern finishes.

 

Interior Features

Bedrooms

Total Bedrooms1

Bathrooms

Total Baths2

Other Interior Features

BasementNone
Basement (Y/N)No
Foundation Dimensions20x100
FuelNatural Gas
Garage Dimensions20x60
Garage Square Feet1200

General

AccessibilityNone
Additional Parcels Y/NNo
AppliancesDryer, Range, Refrigerator, Washer
Carport Spaces0
CityEvansville
ContingencyNone
CoolingDuctless Mini-Split
CountyDouglas
Current UseResidential, Storage Facility
DirectionsFrom Co Rd 82, turn north onto Railroad St. Then turn left onto State St. The property is on the left.
Garage Spaces6
Gross Income23421.57
HeatingIn-Floor Heating
High School DistrictBrandon-Evansville
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
Net Operating Income16558.09
New ConstructionNo
Number Of Units Total1
Operating Expense6863.45
PostalCityEvansville
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameOriginal Evansville
Tax Annual Amount$2,452
Tax Year2026
UtilitiesElectric Separate, Heating Separate, Hot Water Separate
Year Built2004
Zoning DescriptionIndustrial

Exterior

Building Area Total2,000 sqft
Foundation Area2,000 sqft
InclusionsBuilding, Business, Land
Lot Dimensions50x125
Lot Size Area0 sqft
Parking FeaturesGravel
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

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

  

Similar Properties

$165,000

1 Beds 2 Baths 2,000 SQFT 0.11 Acres
Type: Commercial

107 State Street NW
Evansville, MN 56326

MLS#: 7134284
Michael Forrest
Michael Forrest
The Real Estate Advantage
Agent
Phone: 952.210.6951
Office: 952.226.7700

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