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$249,900

0 Beds 0 Baths 13,833 SQFT 0.16 Acres
Type: Commercial

104 W Main Street
Cottonwood, MN 56229

MLS#: 7140136
Tim Marsolais
Tim Marsolais
The Real Estate Advantage
REALTOR®
Phone: 952.212.1743
Office: 952.758.4464
Presented by: RE/MAX Results

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.


 

Interior Features

Other Interior Features

BasementFull
Basement (Y/N)Yes
Foundation Dimensions25x80, 25x100
FuelElectric

General

AccessibilityNone
Additional Parcels Y/NNo
CityCottonwood
ContingencyNone
CoolingWindow Unit(s)
CountyLyon
Current UseOther
DirectionsFrom HWY 23 turn onto Barstad road. turn West onto W Main street, continue for 80 feet property is on your right. (corner of W main st and W 1st st)
Garage Spaces0
Gross Income3575
HeatingBaseboard, Forced Air
High School DistrictLakeview
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total5
PostalCityCottonwood
Property TypeCommercial Sale
RoofFlat, Rubber
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameCottonwood
Tax Annual Amount$1,332
Tax Year2026
UtilitiesElectric Separate, Heating Separate
Year Built1902
Zoning DescriptionBusiness/Commercial, Residential-Multi-Family

Exterior

Building Area Total13,833 sqft
Foundation Area4,500 sqft
InclusionsOther
Lot Dimensions50x135x50x135
Lot Size Area0 sqft
Parking FeaturesOn-Street Parking Only
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

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

  

Similar Properties

$249,900

0 Beds 0 Baths 13,833 SQFT 0.16 Acres
Type: Commercial

104 W Main Street
Cottonwood, MN 56229

MLS#: 7140136
Tim Marsolais
Tim Marsolais
The Real Estate Advantage
REALTOR®
Phone: 952.212.1743
Office: 952.758.4464