My notes for this property


Add listing to my favorites (required)
Active NEW!
$615,000
/mo Edit
Commercial:  1 Story
Built 2007
2.13 acres
Tracy Area schools
MLS# 7081036
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Outstanding commercial investment opportunity with strong income potential and room for future growth! This impressive 60x131 commercial building, built in 2002, sits on a large 260x360 lot with a freshly resealed and striped asphalt parking lot measuring approximately 100x135. The property offers flexibility for investors or business owners alike, with the potential to subdivide additional lots for future development opportunities. One half of the building currently operates as a fitness center and includes all equipment in the sale, making it a true turn key business opportunity. The gym area features updated LED lighting, durable heavy-duty commercial tile flooring, showers, locker areas, bathrooms, a meeting room, and a secured FOB entry system with powered front doors and card reader access. Included are multiple commercial-grade treadmills and fitness equipment, providing immediate operational value. The opposite half of the building is currently under contract with Sanford Health, creating built in lease income potential and long-term stability. Separate heating and air conditioning systems allow each side to operate independently and efficiently. Additional highlights include maintenance free steel siding, Gerkin vinyl windows, steel-framed commercial doors, and newer Decra HD steel shingles with a transferable 50 year lifetime warranty. The gym area was repainted in 2020, adding to the clean and well maintained appearance throughout the property. Whether you are looking for an investment property, owner user opportunity, or an established fitness business with additional rental income, this versatile commercial property offers endless possibilities in a highly functional and modern space. 2 addition lots are part of the sale that could be used as residential.

    Listing

    Contingency: None
    City: Tracy
    County: Lyon
    State: MN
    Property Style: 1 Story
    Zip Code: 56175
    Subdivision Name: Eastview Add

    Interior

    Ceiling Height: 8-10
    Flooring: Heavy Duty

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 7,860 ft2
    Handicap Accessible: Doors 36"+, Fully Wheelchair, No Stairs External, Smart Technology
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Parking Lot
    Exterior Material: Structurally Insulated Panels
    Roof Details:
    • Architectural Shingle
    • Metal
    • Pitched

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 2.13
    Geolocation: 44.2314855001, -95.6062624921
    Inclusions: Building, Business, Fixture/Equipment, Land
    Lot Dimensions: 360 x 260
    Zoning: Business/Commercial
    Lot Description: Underground Utilities

    Farm

    Topography: Level

    Schools

    School District: 2904
    District Phone: 5076295500

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $14,210
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $14,210

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Other
    • Professional Service
    • Professional/Office
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    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

    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!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Heartland Real Estate Services LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.