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Active NEW!
$550,000
/mo Edit
Commercial:  Other
Built 1908
0.074 acres
MLS# 7010286
My rating:
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    Property Description

    Located in the heart of downtown Waseca, 102 State Street North offers a compelling investment opportunity with multiple income-generating possibilities. This property features a solid structure rich with distinctive character and thoughtful design throughout. Highlights include a spacious main-level retail area, ideal for a variety of business uses, a flexible short-term rental and event space providing additional revenue potential, and ample storage areas for added functionality. And, wait until you experience the upper level garage service door that leads you to the roof top entertainment paradise! Situated in a prime downtown location with excellent visibility and consistent foot traffic, 102 State Street presents outstanding opportunities for retail, rental income, or event hosting. A rare chance to invest in a character-rich property with strong upside and versatility.

    Listing

    Contingency: None
    City: Waseca
    County: Waseca
    State: MN
    Property Style: Other
    Zip Code: 56093

    Interior

    Appliances Included:
    • Exhaust Fan
    • Gas Water Heater
    • Range
    • Refrigerator
    Basement Details:
    • Full
    • Partially Finished

    Exterior

    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 2,483 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • On-Street Parking Only
    • Paved Lot
    Unit Amenities:
    • Ceiling Fan(s)
    • Hardwood Floors
    • Vaulted Ceiling(s)
    Road Frontage: City Street

    Lot & Land

    Acres: 0.074
    Geolocation: 44.077763, -93.507052
    Inclusions: Building, Leases
    Lot Dimensions: 0
    Zoning: Business/Commercial

    Schools

    School District: 2287
    District Phone: 5078352500

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,561
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $1,650

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Commercial
    • Event Space
    • Hotel/Motel
    • Professional Service
    • Storage Facility
    • Vacant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: None Available
    Water System: City Water/Connected

    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 Berkshire Hathaway HomeServices Advantage Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.