Pending
0 more
Presented By: Metro East Commercial Real Estate
Fully leased two-story, 5-unit apartment building located 3 blocks from Main Street in Stillwater. This building sits on 0.5 Acres with both Olive St W and Third Street frontage. Purchase with income-in-place or as a redevelopment. The parcels are zoned RCM-Medium Density Multi-Family. Which allows for up to three stories. **48 hours noticed required for all showings** Only 2 units available to be viewed. Listing Agent must be present for showing. Showings Available Mon-Wed 1:15-5:00pm, Thursday 11:00am-5:00pm, and Friday 11:00am-1:00pm. NO weekend showings.
Presented By: Metro East Commercial Real Estate
BasementFinished, Shared Access
Basement (Y/N)Yes
FuelNatural Gas
AccessibilityNone
Additional Parcels Y/NNo
AppliancesDishwasher, Microwave, Refrigerator
Association AmenitiesCoin-op Laundry Owned
CityStillwater
Construction MaterialsBrick/Stone
ContingencyNone
CoolingWall Unit(s), Window Unit(s)
CountyWashington
Current UseResidential
DirectionsThird Street North, West on Olive Street
Garage Spaces
Gross Income58500
HeatingBaseboard
High School DistrictStillwater
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
Net Operating Income46953.01
NumberOfUnitsTotal5
OwnerPaysTaxes, Trash Collection
PostalCityStillwater
Property SubtypeApartment
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameStillwater
Tax Annual Amount7443
Tax Year2024
UtilitiesElectric Separate
Year Built1966
Zoning DescriptionResidential-Multi-Family
Building Area Total4740
Foundation Area2321
InclusionsBuilding, Land, Leases
Lot Dimensions25, 445 SF
Lot FeaturesAdditional Land Available, Public Transit (w/in 6 blks), Irregular Lot, Tree Coverage - Light
Lot Size Area0.58
Parking FeaturesGravel
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Realtor® MN