For Sale: New London MLS# 6620441
Active
$360,000
Commercial: Apartments/Retail
Built 1940
0.06 acres
New London-Spicer schools
MLS# 6620441
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Historic building located right on bustling Main Street New London. This iconic main street building has two commercial spaces - an open concept space on the main level is currently occupied by some of the areas most talented tattoo artists and the lower level with separate access is ready for occupancy. This building provides additional income with 4 residential apartments all with current leases.
Off street parking in the back, tons of updates inside and out. A great investment- great visibility and high traffic and foot count- this building is ready for it's new owner. Don't miss out on this rare opportunity!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$360,000
Property Type:
Commercial
City:
New London
County:
Kandiyohi
Year Built:
1940
State:
MN
Property Style:
Apartments/Retail
Zip Code:
56273
Subdivision Name:
New London Town Of
Interior
Basement Details:
- Full
- Partially Finished
Exterior
Stories:
Two
Other Parking Spaces:
3
Air Conditioning:
Central Air, Window Unit(s)
Foundation Size:
1,740 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Gravel
Exterior Material:
- Block
- Engineered Wood
- Wood Siding
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.06
Geolocation:
45.3006699477, -94.9441634405
Inclusions:
Building, Leases
Lot Dimensions:
2791
Zoning:
Business/Commercial
Schools
School District:
345
District Phone:
320-354-2252
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,778
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,778
Units
Total Units:
6
Miscellaneous
Current Use:
Other
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Separate
- 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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
Month | Principal | Interest | P&I | Balance |
---|---|---|---|---|
Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Listing provided by RMLS,
courtesy of 320 Real Estate Co.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.