SQUARE FEET13,833
MLS#7140136
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONCottonwood
SCHOOLLakeview
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.
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Electric
Heating: Baseboard, Forced Air
Lot Size: 0.16 Acres
Roof Type: Flat, Rubber
Stories: 2.0
Taxes: $1,332
Year Built: 1902
Feature Descriptions
Basement: Full
Days on Site: 43
Foundation Size: 4500
Lot Dimensions: 50x135x50x135
Parcel#: 221000640
Parking: On-Street Parking Only
Sewer: City Sewer/Connected
Units: 5
Utilities: Electric Separate, Heating Separate
Water: City Water/Connected
Local Schools
School District: Lakeview
Listed By / Shown By
Listed By
Agency Name: RE/MAX Results
Agency Phone: 763-591-6000
Shown By
Agent Name: Joel Hentges
Agent Phone: (952) 475-9541
Agency Title: Joel Hentges - Re/Max Advantage Plus
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104 W Main Street | MLS# 7140136
This commercial property located at 104 W Main Street, Cottonwood, MN 56229 is currently listed for sale with an asking price of $249,900. W Main Street is located within the Lakeview school district. Search Cottonwood real estate on jhentges.homesbyjoel.com today.