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Active NEW!
$99,900
/mo Edit
Commercial:  2 Stories
1 br • 1 ba • Built 1890
0.05 acres
Kingsland schools
MLS# 7071038
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    Property Description

    Commercial opportunity in the heart of downtown Spring Valley! This versatile property features a well-maintained office space on the main level with excellent functionality for a variety of business uses. The commercial area includes a private office, a larger conference-style workspace, bathroom, washer/dryer, and access to a rear deck. Upstairs, you’ll find a charming 1 bedroom, 1 bathroom apartment with a tenant already in place through April 2027, offering immediate rental income potential. Conveniently located downtown and not located in the flood zone, this property presents a great opportunity for investors or owner-occupants looking for commercial space with additional income.

    Listing

    Contingency: None
    City: Spring Valley
    County: Fillmore
    State: MN
    Property Style: 2 Stories
    Zip Code: 55975
    Subdivision Name: Spring Valley Original

    Interior

    Ceiling Height: 8-10
    Flooring: Carpet
    Refrigerators: One
    Appliances Included:
    • Dryer
    • Range
    • Refrigerator
    • Washer
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 924 ft2
    Handicap Accessible: Grab Bars In Bathroom, Partially Wheelchair
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Unit Amenities: Deck
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    Pool: None
    Roof Details: Flat

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.05
    Geolocation: 43.688107, -92.390604
    Inclusions: Building, Leases
    Lot Dimensions: 22 x 106
    Zoning: Business/Commercial

    Schools

    School District: 2137
    District Phone: 5073467276

    Expenses

    Tenant Expenses: Electricity, Sewer, Water

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $894
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $894

    Units

    Total Units: 2

    Miscellaneous

    Current Use: Office
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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