$180,000

201 Central Ave

Nashwauk MN, 55769

Description

Endless opportunities exist with this well built very solid commercial building on Central Ave in Nashwauk. Owner of Nashwauk hardware is retiring, making this property available for sale for the first time in over 100 years. Built in 1946, with brick exterior, poured concrete foundation and quality membrane rubber roof. Main floor has 5385 square feet with full basement under and BONUS 3 apartments on the upper level. Units rent for $450, $450, and $550 per month and are fully occupied. All shelving in lower level will stay, main floor will be empty for new owner. Possible to still purchase as a hardware store if inventory permits. Also includes 2/3 of parking area to the East of the building.

Details

MLS#5299901
Sub-TypeResale
StatusActive
Year1946
Days On Site41

Features

SQ Feet13,353
Story(s)1
Units4
ZoningBusiness/Commercial

Market Activity 55769

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Area Information

StateMN
CountyItasca
CityNashwauk
Zip Code55769
AreaNashwauk (MN)
Listing VS Median (in 55769)
Price:
$180,000
low | high
Med:
$149,900
66.722222222222% of Average
SqFt:
13,353
low | high
Med:
1,995
100% of Average
$ / SqFt:
$13
low | high
Med:
$75
100% of Average
On Site:
41
low | high
Med:
30
100% of Average
Listing Updated: 11/12/2019
MLS Number: 5299901
Listing Provided By:
Cody Presley  of  MN DIRECT PROPERTIES
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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