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Active NEW!
$2,100,000
/mo Edit
Commercial:  2 Stories
2 ba • Built 1887
0.068 acres
Stillwater schools
MLS# 7062607
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    Property Description

    Position your investment in the heart of one of Minnesota’s most desirable riverfront communities.? 125 Main Street presents a rare opportunity to acquire a fully leased mixed-use asset in downtown Stillwater, offering stable in-place income and long-term upside.? The property features a dynamic blend of street-level commercial space and upper-level units, creating a diversified revenue stream supported by strong tenant demand.? Located along iconic Main Street, the building benefits from consistent pedestrian traffic, a vibrant tourism economy, and proximity to Stillwater’s renowned shops, restaurants, and waterfront attractions.? With its historic charm, high visibility, and prime positioning within a tightly held market, this asset offers both immediate cash flow and future appreciation potential.? Opportunities to own on Main Street are limited—making this an ideal addition to any investment portfolio.?

    Listing

    Contingency: None
    City: Stillwater
    County: Washington
    State: MN
    Property Style: 2 Stories
    Zip Code: 55082
    Subdivision Name: Stillwater

    Interior

    Ceiling Height: Varied Heights
    Flooring: Heavy Duty, Wood

    Exterior

    Stories: Two
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Air Conditioning: Central Air
    Foundation Size: 3,000 ft2
    Foundation Dimensions: 30x100
    Fencing: None
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Exterior Material:
    • Block
    • Brick
    • Concrete
    • Frame
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber

    Lot & Land

    Acres: 0.068
    Geolocation: 45.0561, -92.805548
    Inclusions: Building, Leases
    Lot Dimensions: 30 x 100
    Zoning: Business/Commercial
    Lot Description: Zero Lot Line

    Farm

    Topography: Flood Plain

    Schools

    School District: 834
    District Phone: 6513518301

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $32,300
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $32,300

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Commercial
    • Residential
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Payment:  /mo

    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 Metro East Commercial Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.