MLS#7082202
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLNew Prague Area Schools
Property Description
Great investment property. Recently refurbished, 7 units total, include one 3-bedroom, five 1-bedrooms and a studio. Large 2 stall detached garage/workshop w/11 storage units available. All units currently under leases-cash flow is positive. Zoned High-Density Residential (RH1). Good for townhouses and apartments. Conditional use nursing home/assisted living facility. Property is located on high visibility parcel on the main east/west thoroughfare through New Prague. Site provides plenty of parking and has New Prague Park in its back yard.
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Garage: 3
Heating: Boiler, Forced Air
Lot Size: 1.34 Acres
Roof Type: Age 8 Years or Less
Stories: 2.0
Taxes: $6,434
Year Built: 1930
Feature Descriptions
Basement: Block, Partial
Current Use: Residential
Exterior: Frame
Foundation Size: 3370
Lot: Property Adjoins Public Land, Tree Coverage - Medium
Lot Dimensions: 165x418x75x134x96x276
Owners Expense: Fuel, Gas, Heat, Hot Water, Repairs
Parcel#: 230032540
Parking: Detached Garage, Gravel, Concrete, Shared Driveway, Parking Lot
Sale Includes: Rental License
Sewer: City Sewer - In Street
Tenant Expenses: Electricity
Units: 7
Utilities: Electric Separate, Heating Common, Hot Water Common
Water: City Water - In Street
Local Schools
School District: New Prague Area Schools
Listed By / Shown By
Listed By
Agency Name: Metro Group Real Estate
Agency Phone: 952-445-5970
Shown By
Agency Title: LeBlanc Realty
Agency Phone: 218-281-7451
514 Main Street E | MLS# 7082202
This commercial property located at 514 Main Street E, New Prague, MN 56071 is currently listed for sale with an asking price of $584,900. Main Street E is located within the New Prague Area Schools school district. Search New Prague real estate on www.leblancrealty.com today.