$485,000 1115 Highway 7 W Hutchinson, MN

MLS: 4914352   Type: Commercial   County: Mcleod   City: Hutchinson   Zip: 55350   Style: Retail/Shopping Center     Taxes: $13,466

Mortgage $2,277 /mo



Half Baths

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Investment or owner occupant opportunity! Three tenant mall, current use is restaurant, dance studio, and HVAC service company. All three businesses are LONG standing tenants! Two on flexible lease terms; opportunity for renegotiation of lease terms or take possession of a unit for your business and keep other two tenants to offset overhead. Extremely well maintained building and property. Businesses NOT for sale.

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Price History

3/8/2018 Listed $485,000

Annual Gross Income 69900.00
Contingency None
Cumulative Days on Market 669
Handicap Accessible None
Listing Status Active
Misc. 220 Volt
Municipality Hutchinson
Potential Short Sale No
Property Type CMU
School District 423 - Hutchinson
Tax Year 2016
Year Built 1978
Zoning Business/Commercial

Interior Features

A/C Central
Basement None
Fuel Natural Gas
Garage Stalls 0
Heating Forced Air

Exterior Features

Acres 0.930
Building Finished Square 10500
Exterior Brick/Stone
Foundation Size 100100
Lake/waterfront - Y:n 0
Lot Description Irregular Lot, Corner Lot
Other Parking Spaces 25
Road Frontage City, US Highway
Roof Other
Sewer City Sewer/Connected
Water City Water/Connected

Property Schools

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Property vs Zip Code Avg (55350)

Price 485K Avg 410K

Sqr Feet 10,500 Avg 5,669

Cost / Sqr Ft $46 Avg $72

Taxes $13,466 Avg $6,038

Acres 0.93 Avg 0.96

Visits 63 Avg 38

Days on Site 223 Avg 193

Walkscore® 19 Avg 40

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Listing Provided Courtesy Of: Premier Real Estate Services

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Location & Address

Premier Real Estate Services
550 25th Avenue North
St. Cloud, MN

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