Midwestrealtymn.com Search Results

$1,999,000

THIS IS A ONCE IN A LIFE-TIME OPPORTUNITY TO ACQUIRE A DOWNTOWN SAINT PETER ICONIC MIXED-USE BUILDING! ORIGINALLY CONSTRUCTED IN 1872 AS THE TOWNS MAIN HOTEL HANGOUT, THIS PROPERTY HAS SINCE BEEN CONVERTED INTO MAIN FLOOR AND LOWER LEVEL COMMERCIAL SPACES, 3-STORY ROW HOUSES, AND SECOND & THIRD FLOOR APARTMENTS. THE TOTAL GROSS BUILDING SQUARE FOOTAGE IS JUST OVER 24,000+. AFTER THE DEVASTATING 1998 TORNADO, A GROUP OF INVESTORS CAME TOGETHER TO SAVE THIS HISTORIC PIECE OF REAL ESTATE AND REPLACED THE ROOFS, WINDOWS, INSTALLED A NEW ELEVATOR, TUCK POINTED THE EXTERIOR BRICK, AND ADDED MAINTENANCE FREE METAL COPING AROUND THE WHOLE TOP OF THE STRUCTURE. THE 2ND & 3RD FLOOR APARTMENTS FEATURE TALL CEILING HEIGHTS AND UPDATED KITCHENS & BATHROOMS. IN THE BACK OF THE PROPERTY THERE ARE FOUR ROW HOUSES EACH WITH UNIQUE LAYOUTS AND SOME WITH THREE STORIES. TWO OF THESE ROW-HOUSES ARE 1BD, 1BA AND THE OTHER TWO ARE 2BD + DEN, 1BA. YOU WILL DEFINITELY WANT TO TOUR THIS BUILDING!! PRO-FORMA NOI $193,415 / CAP RATE 8.60 %

6825253 MLS

THIS IS A ONCE IN A LIFE-TIME OPPORTUNITY TO ACQUIRE A DOWNTOWN SAINT PETER ICONIC MIXED-USE BUILDING! ORIGINALLY CONSTRUCTED IN 1872 AS THE TOWNS MAIN HOTEL HANGOUT, THIS PROPERTY HAS SINCE BEEN CONVERTED INTO MAIN FLOOR AND LOWER LEVEL COMMERCIAL SPACES, 3-STORY ROW HOUSES, AND SECOND & THIRD FLOOR APARTMENTS. THE TOTAL GROSS BUILDING SQUARE FOOTAGE IS JUST OVER 24,000+. AFTER THE DEVASTATING 1998 TORNADO, A GROUP OF INVESTORS CAME TOGETHER TO SAVE THIS HISTORIC PIECE OF REAL ESTATE AND REPLACED THE ROOFS, WINDOWS, INSTALLED A NEW ELEVATOR, TUCK POINTED THE EXTERIOR BRICK, AND ADDED MAINTENANCE FREE METAL COPING AROUND THE WHOLE TOP OF THE STRUCTURE. THE 2ND & 3RD FLOOR APARTMENTS FEATURE TALL CEILING HEIGHTS AND UPDATED KITCHENS & BATHROOMS. IN THE BACK OF THE PROPERTY THERE ARE FOUR ROW HOUSES EACH WITH UNIQUE LAYOUTS AND SOME WITH THREE STORIES. TWO OF THESE ROW-HOUSES ARE 1BD, 1BA AND THE OTHER TWO ARE 2BD + DEN, 1BA. YOU WILL DEFINITELY WANT TO TOUR THIS BUILDING!! PRO-FORMA NOI $193,415 / CAP RATE 8.60 %

122 S Minnesota Avenue, Saint Peter

Listing courtesy of Apartment Cash Flow, Inc..

$699,900

Opportunity knocks with this three-story eight unit mixed-use building for sale. The property is located in the central business district in downtown Saint Peter, Minnesota. Historical occupancy is strong as it stays full all the time. The main floor features two larger retail and/or office spaces and currently has long term leases in place. The second and third floors offer six loft style apartments with tall ceiling heights and some exposed original brick. The exterior is all brick and has received all newer windows and the main floor commercial tenants have newer black awnings. There is a parking lot in the back alley for residential tenants and also an attached garage on the back side of the main floor commercial units. The lower level is used for storage but could be an opportunity for additional income with your ideas. Each commercial tenant pays for their own utilities including extra for trash. The residents upstairs are responsible for paying their own unit electric utilities and the owner pays for the boiler heat, water, sewer and trash. The current in-place cap rate is 9.8% with a net operating income of $68,760. A new owner has room to improve cash flow by raising rents organically over the next 1-2 years in a non rent controlled city on Minnesota. Call to get more financials and information.

6821093 MLS

Opportunity knocks with this three-story eight unit mixed-use building for sale. The property is located in the central business district in downtown Saint Peter, Minnesota. Historical occupancy is strong as it stays full all the time. The main floor features two larger retail and/or office spaces and currently has long term leases in place. The second and third floors offer six loft style apartments with tall ceiling heights and some exposed original brick. The exterior is all brick and has received all newer windows and the main floor commercial tenants have newer black awnings. There is a parking lot in the back alley for residential tenants and also an attached garage on the back side of the main floor commercial units. The lower level is used for storage but could be an opportunity for additional income with your ideas. Each commercial tenant pays for their own utilities including extra for trash. The residents upstairs are responsible for paying their own unit electric utilities and the owner pays for the boiler heat, water, sewer and trash. The current in-place cap rate is 9.8% with a net operating income of $68,760. A new owner has room to improve cash flow by raising rents organically over the next 1-2 years in a non rent controlled city on Minnesota. Call to get more financials and information.

216 S Minnesota Avenue, Saint Peter

Listing courtesy of Apartment Cash Flow, Inc..

$105,000

Looking to build your dream home? This .42-acre ravine and walkout lot offers the perfect opportunity. With essential utilities already in place, you can move forward with your plans right away. The lot’s layout provides an excellent setting for a walkout home design, featuring a mix of open space and wooded backdrop for both versatility and privacy. Enjoy peaceful views of the ravine while still being part of the North Mankato neighborhood. The neighborhood features the reserve park, a beautifully landscaped community space. The Reserve includes a gazebo, picnic area, basketball court, and playground— perfect for outdoor enjoyment. Experience peaceful living with the comfort of city amenities just minutes away.

6802740 MLS

Looking to build your dream home? This .42-acre ravine and walkout lot offers the perfect opportunity. With essential utilities already in place, you can move forward with your plans right away. The lot’s layout provides an excellent setting for a walkout home design, featuring a mix of open space and wooded backdrop for both versatility and privacy. Enjoy peaceful views of the ravine while still being part of the North Mankato neighborhood. The neighborhood features the reserve park, a beautifully landscaped community space. The Reserve includes a gazebo, picnic area, basketball court, and playground— perfect for outdoor enjoyment. Experience peaceful living with the comfort of city amenities just minutes away.

1973 Lexington Lane, North Mankato

Listing courtesy of Century 21 Atwood.

$4,500,000

Gorgeous acreage located just north of North Mankato! Development opportunity galore, or the possibility to build the home of your dreams! There is the additional opportunity to farm the land and own your own farm. This lot features all of the joys of country living, with the close convenience of North Mankato. Plenty of mature trees, gentle ravines, creeks, wildlife, and pasture area. Utilities are close by.

6783901 MLS

Gorgeous acreage located just north of North Mankato! Development opportunity galore, or the possibility to build the home of your dreams! There is the additional opportunity to farm the land and own your own farm. This lot features all of the joys of country living, with the close convenience of North Mankato. Plenty of mature trees, gentle ravines, creeks, wildlife, and pasture area. Utilities are close by.

38388 512th St, North Mankato

Listing courtesy of Century 21 Atwood.

$79,900

Has one building eligibility! Build a house, “shouse”, shed, garden, and more! Natural fall, well drained land. Enjoy the wildlife, outdoors, and country living! MN DOT pond located east of the property. Minnesota River Valley Views! Parcel to be split off larger tax parcel at closing. Taxes are approximate.

6699621 MLS

Has one building eligibility! Build a house, “shouse”, shed, garden, and more! Natural fall, well drained land. Enjoy the wildlife, outdoors, and country living! MN DOT pond located east of the property. Minnesota River Valley Views! Parcel to be split off larger tax parcel at closing. Taxes are approximate.

000 Drill Dr., Courtland

Listing courtesy of Mages Land Co & Auction.

$24,900

Remote feeling in the heart of lower and upper North Mankato on "Belvista Hill." Buildable .3 acre lot with wonderful skyline view.

6644030 MLS

Remote feeling in the heart of lower and upper North Mankato on "Belvista Hill." Buildable .3 acre lot with wonderful skyline view.

TBD Belvista Drive, North Mankato

Listing courtesy of Real Broker, LLC.

$1,825,000

SELLER IS WILLING TO OFFER CONTRACT FOR DEED FINANCING AS AN OPTION. Agent is related to seller. BUYERS AGENT TO VERIFY ALL MEASUREMENTS. Offered property is 41.24 acres. Currently an operating sawmill, ', Main bldg 13,686', planer bldg 3000', outbldg 1020', steambox 660', kiln 800', warehouse/dry sorting 11,200', warehouse 11,200', electric bldg 1200'. The facility includes 2 Excel Energy 3 phase services. A 2000 amp with full disconnects and 1200 amp service with full disconnects.

6599647 MLS

SELLER IS WILLING TO OFFER CONTRACT FOR DEED FINANCING AS AN OPTION. Agent is related to seller. BUYERS AGENT TO VERIFY ALL MEASUREMENTS. Offered property is 41.24 acres. Currently an operating sawmill, ', Main bldg 13,686', planer bldg 3000', outbldg 1020', steambox 660', kiln 800', warehouse/dry sorting 11,200', warehouse 11,200', electric bldg 1200'. The facility includes 2 Excel Energy 3 phase services. A 2000 amp with full disconnects and 1200 amp service with full disconnects.

401 4th Street, Courtland

Listing courtesy of Coldwell Banker Realty.

$250,000

This land is enrolled in the CREP & CRP program with a contract for 3, 8, & 9 years. To receive yearly amounts of money within contract time periods. 1 1/2 ac not in CREP or CRP program on south field - east line. CREP: permanent easement. *no building eligibility *see RIM contract for rules

6533604 MLS

This land is enrolled in the CREP & CRP program with a contract for 3, 8, & 9 years. To receive yearly amounts of money within contract time periods. 1 1/2 ac not in CREP or CRP program on south field - east line. CREP: permanent easement. *no building eligibility *see RIM contract for rules

000 541st Avenue, Courtland

Listing courtesy of Mages Land Co & Auction.

$250,000

This spacious 1.38-acre lot is located on a quiet cul-de-sac in an established upper North Mankato neighborhood. The lot is situated on a beautiful wooded ravine close to parks and schools.

6414556 MLS

This spacious 1.38-acre lot is located on a quiet cul-de-sac in an established upper North Mankato neighborhood. The lot is situated on a beautiful wooded ravine close to parks and schools.

630 Marie Lane, North Mankato

Listing courtesy of Century 21 Atwood.