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Active
$600,000
/mo Edit
Commercial:  Mixed Use,Business,Warehouse
Built 1968
0.25 acres
Lake City schools
MLS# 6613516
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    Property Description

    After 38 successful years, the current owners are ready to retire, presenting you with the chance to take over a well-established business. This property offers a unique opportunity to expand upon a thriving venture that has stood the test of time. With multiple potential income streams, you can tailor your business to your vision, whether it's a mechanic's shop, car wash, convenience store with a gas station, motel rooms, or apartment rentals. The owners have enjoyed their spacious 3-bedroom home for nearly four decades, showcasing a solid foundation for entrepreneurial success. The meticulous upkeep of the property reflects their dedication, ensuring a welcoming and attractive space for future business endeavors. Explore the ample options available for income and envision your future as a business owner. This property is not just a purchase; it’s a chance to embark on a rewarding journey of entrepreneurship. Come see the incredible potential for yourself and start building your business in Zumbro Falls today!

    Listing

    Contingency: None
    City: Zumbro Falls
    County: Wabasha
    State: MN
    Property Style: Mixed Use, Business, Warehouse
    Zip Code: 55991
    Subdivision Name: Whaleys Add

    Interior

    Ceiling Height: 8-10
    Ranges: One
    Refrigerators: Four
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 7
    Garage Dimensions: 68 x 30
    Garage Size: 3,300 ft2
    Garage Door Height: 10
    Garage Door Width: 10
    Other Parking Spaces: 20
    Air Conditioning: Central Air, Wall Unit(s)
    Foundation Size: 194 ft2
    Foundation Dimensions: 61x76
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Fireplace(s)
    • Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Concrete
    • Floor Drain
    • Garage Door Opener
    • Guest Parking
    • Heated Garage
    • Multiple Garages
    • Parking Lot
    • Paved
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material:
    • Block
    • Steel Siding
    • Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Flat
    • Rubber

    Lot & Land

    Acres: 0.25
    Geolocation: 44.283696, -92.425336
    Inclusions: Building, Business, Land
    Lot Dimensions: 124 x 115
    Addl Parcels: 280008703, 280007500
    Zoning: Business/Commercial
    Lot Description: Irregular Lot

    Farm

    Topography: Flood Plain, Level

    Schools

    School District: 813
    District Phone: 651-345-2198

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,584
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $1,584

    Units

    Total Units: 5

    Miscellaneous

    Current Use:
    • Automotive
    • Hotel/Motel
    • Warehouse
    Fuel System:
    • Other
    • Propane
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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 Realty Growth Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.