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Active
$375,000
/mo Edit
Commercial:  Industrial/Warehouse
Built 1951
2.07 acres
Melrose schools
MLS# 6559728
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    Property Description

    7, 352 SF industrial property, located on East Main Street in Melrose. Nice high visibility corner location near downtown. Building was originally built in 1951 with additions in 1985 & 1987, and exterior renovations (new steel exterior and roof) in 2010. Total of 7, 352 square feet industrial building on 2.07 acres. This building layout consists of a reception area, showroom, office area, shop and warehouse areas. Approximate breakdown between the main areas is 1, 415 SF office, and 5, 937 SF shop/warehouse. Additionally, there are several various size cranes currently in place, which could remain and may be available for purchase. Heavy three phase power in the building. Property is located on 4 separate parcels, and there is potential for future building expansion. Great opportunity for an owner occupier to purchase this heavy-duty industrial building at an affordable price.

    Listing

    Contingency: None
    City: Melrose
    County: Stearns
    State: MN
    Property Style: Industrial/Warehouse
    Zip Code: 56352
    Subdivision Name: Borgerdings Add To Melrose

    Exterior

    Other Parking Spaces: 10
    Foundation Size: 7,352 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Parking Lot
    Exterior Material:
    • Block
    • Brick/Stone
    • Steel Siding

    Lot & Land

    Acres: 2.07
    Geolocation: 45.675354, -94.803526
    Inclusions: Building
    Lot Dimensions: 247 x 365
    Addl Parcels: 66366260000, 66366200010
    Zoning: Industrial

    Schools

    School District: 740
    District Phone: 320-256-4224

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $98
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $98

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Industrial
    • Manufacturing
    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

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Commercial.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.