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Active NEW!
$125,000
/mo Edit
Commercial:  2 Stories
Built 1920
0.142 acres
MLS# 7010277
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    Property Description

    Affordable mixed-use commercial property located on the picturesque square, this nearly 7, 000sf building offers exceptional investment potential. Situated at 308 10th Street, the property includes two upper-level apartments, two street-level commercial spaces, a large main-floor area suitable for additional rentals, a clean and spacious basement ideal for storage, and a sizable rentable garage/workshop. The second floor features two apartments. Apartment A is a one-bedroom unit with beautiful views overlooking the Courthouse Square. Apartment B is a well-sized two-bedroom unit with its own alley entrance and a private deck perfect for grilling. The main floor offers multiple income producing opportunities. At the front of the building is a large commercial suite with a generous waiting area, four offices (with room for more), a half bath, and a kitchen. Adjacent to this is another suite with six more rooms, a half bath, and a kitchen. Beyond these spaces is a large garage with an attached workshop, also suitable for rental income. On the opposite side of the building is an additional office area with a reception space, office, half bath and storage room. The building has been updated as needed and offers a versatile layout with strong rental potential. A new owner will find this property to be a valuable and flexible asset in a prime downtown location.

    Listing

    Contingency: None
    City: Windom
    County: Cottonwood
    State: MN
    Property Style: 2 Stories
    Zip Code: 56101

    Interior

    Flooring: Carpet, Vinyl
    Refrigerators: Two
    Basement Details:
    • Block
    • Partial

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 834 ft2
    Garage Door Height: 8
    Garage Door Width: 12
    Air Conditioning: Central Air
    Foundation Size: 2,018 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Electric
    • Gravel
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Block
    • Brick
    • Concrete
    • Post and Beam
    Roof Details:
    • Flat
    • Rubber

    Lot & Land

    Acres: 0.142
    Geolocation: 43.8667183871, -95.1165200233
    Inclusions: Building, Fixture/Equipment, Land
    Lot Dimensions: Na
    Zoning: Business/Commercial
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 886
    District Phone: 5078316901

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,182
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,182

    Units

    Total Units: 6

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected
    Power Company Name: City of Windom

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Five Star Realty Pros LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.