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Active NEW!
$325,000
/mo Edit
Commercial:  1 Story
Built 1914
0.27 acres
St. Cloud schools
MLS# 7133327
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    Property Description

    Freshly updated & ready for business! This standout Clear Lake property has undergone an impressive transformation with redone kitchen, updated bathrooms and basement. Fresh paint and flooring. Located on Main Avenue with excellent visibility, this versatile property combines a fresh, modern interior with functional layout that can accommodate a variety of business needs. Multiple private offices, welcoming reception areas provide plenty of flexibility. Property is currently being used and a residential rental to a single family.

    Listing

    Contingency: None
    City: Clear Lake
    County: Sherburne
    State: MN
    Property Style: 1 Story
    Zip Code: 55319

    Interior

    Appliances Included:
    • Cooktop
    • Dryer
    • Electric Water Heater
    • Range
    • Refrigerator
    • Washer
    Basement Details: Block

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 2,127 ft2
    Handicap Accessible: No Stairs External, Wheelchair Ramp(s)
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Open
    • Paved Lot
    Road Frontage: City Street

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.27
    Geolocation: 45.440167, -94.00617
    Inclusions: Building
    Lot Dimensions: 77 x 132
    Zoning: Business/Commercial

    Schools

    School District: 742
    District Phone: 3202539333

    Expenses

    Annual Insurance Expense: $4,000
    Annual Maintenance Expense: $600
    Annual Trash Expense: $200
    Tenant Expenses: Electricity, Sewer, Water

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,152
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,152

    Income

    Annual Gross Income: $30,000

    Rent

    Annual Net Income: $24,000

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer - In Street
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water - In Street

    Mortgage Calculator

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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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.