BEDS0
BATHS
SQUARE FEET4,000
MLS#6808973
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPlat Of Hamel
SCHOOLWayzata
Property Description
Excellent investment or redevelopment opportunity in the heart of Uptown Hamel. This two-story mixed-use building, built in 1936, is positioned on a 0.33-acre corner lot at Hamel Road and Sioux Drive, offering strong visibility and access within Medina's Uptown Hamel District. The Commercial property next door is also for sale to create a bigger potential development. The main level currently features two commercial retail units, both occupied by local businesses, while the upper level includes two apartment units providing additional rental income. The structure shows its age and would benefit from updates and repair, but offers solid bones and versatile zoning (UH ? Uptown Hamel District) that supports a wide range of commercial and residential uses.With its classic small-town character, prominent corner location, and mixed-use potential, this property presents a value-add opportunity for an investor, owner-occupant, or developer looking to be part of Hamel's ongoing revitalization.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Block, Full, Other, Unfinished
Heating: Boiler
Lot Size: 0.33 Acres
Roof Type: Age Over 8 Years, Flat, Tar/Gravel
Taxes: $9,710
Year Built: 1936
Feature Descriptions
Days on Site: 138
Exterior: Block, Frame, Stone
Foundation Size: 2000
Lot: Corner Lot, Tree Coverage - Light
Lot Dimensions: 100x138x119x135
Owners Expense: Electricity, Gas, Heat, Insurance, Sewer, Taxes, Water
Parcel#: 1211823410066
Parking: Parking Lot
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks
Sewer: City Sewer/Connected
Units: 4
Water: City Water/Connected
Local Schools
School District: Wayzata
Listed By / Shown By
Listed By
Agency Name: The Realty House
Agency Phone: 952-844-1551
Shown By
Agent Name: Joel Hentges
Agent Phone: (952) 475-9541
Agency Title: Joel Hentges - Re/Max Advantage Plus
Estimate Your Payment
Estimated Payment
$ 2,306.92 per month $1,324.21 Principal & Interest $809.17 Property Tax $173.54 Homeowner's InsuranceChange Payment Information
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122 Hamel Road | MLS# 6808973
This multi-family property located at 122 Hamel Road, Hamel, MN 55340 is currently listed for sale with an asking price of $595,000. Hamel Road is located within the Wayzata school district. Search Hamel real estate on jhentges.homesbyjoel.com today.