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Active
$1,699,900
/mo Edit
Commercial:  1 Story
Built 1988
0.4 acres
New Prague Area schools
MLS# 7155414
My rating:
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    Property Description

    A rare opportunity to own your own business w/built-in rental income. 3 unit mini mall currently full, great tenants, adjacent liquor store, all could be yours in one of the metro’s fastest-growing communities. Call for more info or a tour.

    Listing

    Contingency: None
    City: Elko New Market
    County: Scott
    State: MN
    Property Style: 1 Story
    Zip Code: 55054

    Interior

    Ceiling Height: 16-20
    Flooring: Carpet, Concrete Slab, Luxury Vinyl Tile, Tile
    Refrigerators: Two
    Appliances Included:
    • Gas Water Heater
    • Water Softener Rented
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 3,200 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • On-Street Parking Only
    • Parking Lot
    Unit Amenities:
    • Multiple Phone Lines
    • Security Lights
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material:
    • Block
    • Concrete
    • Steel Siding
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber
    • Tar/Gravel

    Rooms

    Shared Rooms: Other

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.4
    Geolocation: 44.572867, -93.351579
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Leases, Liquor License, Rental License
    Lot Dimensions: 115 x 108
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Farm

    Topography: High Ground, Level

    Schools

    School District: 721
    District Phone: 9527581700

    Expenses

    Tenant Expenses: Electricity, Fuel, Insurance, Taxes, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $17,142
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $17,142

    Units

    Total Units: 4

    Miscellaneous

    Current Use:
    • Commercial
    • Other
    • Restaurant
    • Retail
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

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