For Sale: Pine Island MLS# 7082131
Active
NEW!
$269,000
Commercial: 2 Stories
3 ba • Built 1960
0.2 acres
Pine Island schools
MLS# 7082131
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Prime downtown commercial opportunity with excellent Main Street frontage and strong visibility. This well-located property is currently occupied by three established tenants, including a hairstyling salon, insurance office, and cleaning company, offering immediate income potential and a diverse tenant mix. Excellent exposure, convenient access, and a highly desirable downtown location make this a standout investment opportunity.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$269,000
Property Type:
Commercial
City:
Pine Island
Garage Spaces:
0
County:
Goodhue
Year Built:
1960
State:
MN
Property Style:
2 Stories
Zip Code:
55963
Subdivision Name:
Pine Island
Interior
Bedrooms:
0
Bathrooms:
3
Flooring:
Carpet
Basement Details:
- Partially Finished
- Walkout
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
1,773 ft2
Handicap Accessible:
Partially Wheelchair, Wheelchair Ramp(s)
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Forced Air
Parking Features:
- Concrete
- Parking Lot
Road Frontage:
City Street
Roof Details:
Asphalt
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.2
Geolocation:
44.202158, -92.645908
Inclusions:
Building, Land, Leases
Lot Dimensions:
70 x 124
Zoning:
Business/Commercial
Schools
School District:
255
District Phone:
5073564849
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,358
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,358
Income
Annual Gross Income:
$31,920
Rent
Annual Net Income:
$27,920
Units
Total Units:
3
Miscellaneous
Current Use:
- Beauty/Barber Shop
- Office
- Professional Service
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Electric 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.
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
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!
Listing provided by RMLS,
courtesy of Real Broker, LLC..
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.