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Active
$399,900
/mo Edit
Commercial:  Apartments/Retail
Built 1900
0.1 acres
Delano schools
MLS# 6602343
My rating:
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    Property Description

    Commercial building in vibrant downtown Delano! Retail space (The Refoundry) on main level is currently rented. Window display, original tin ceilings & hardwood floors. 1+ apartment on upper level with newer windows - bring your ideas; updating/remodeling needed. Endless possibilities here - office suites, retail, owner-occupant, apartment. Great opportunity to own a commercial space in growing Delano. Block storage unit behind building also for sale at $59, 900 - see MLS#6602349.

    Listing

    Contingency: None
    City: Delano
    County: Wright
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 55328
    Subdivision Name: Original Delano

    Interior

    Ceiling Height: 11-15
    Basement Details: Concrete

    Exterior

    Other Parking Spaces: 2
    Air Conditioning: Central Air
    Foundation Size: 2,250 ft2
    Foundation Dimensions: 25x90
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Forced Air
    • Radiant
    Parking Features: Parking Lot
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Brick/Stone
    • Metal Siding
    • Wood Siding
    Roof Details:
    • Age Over 8 Years
    • Flat

    Lot & Land

    Acres: 0.1
    Geolocation: 45.041747, -93.788199
    Inclusions: Building, Land
    Lot Dimensions: 25 x 124
    Zoning: Business/Commercial
    Lot Description:
    • Irregular Lot
    • Zero Lot Line

    Schools

    School District: 879
    District Phone: 763-972-3365

    Expenses

    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,578
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,578

    Income

    Annual Gross Income: $15,840

    Units

    Total Units: 3

    Miscellaneous

    Current Use: Retail
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities: Electric 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 Vanderlinde Group | Edge Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.