$240,000
$280,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
301 Atlantic AVE W Dassel, MN 55325
6,534 Sqft Lot
Key Details
Sold Price $240,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6205601
Sold Date 08/31/22
Year Built 1920
Annual Tax Amount $2,622
Tax Year 2022
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 55x120
Property Description
Historic mixed use building located in downtown Dassel. This building features 7 rental units which are as follows: 3 office/professional/retail units, currently all are rented; 3 residential units- 1 studio, and 2 – 1 bedrooms; and 1 storage garage. These offer an excellent return on investment with approximately 10.75% cap rate. There is likely room for higher rents. Landlord pays all expenses.
Location
State MN
County Meeker
Zoning Business/Commercial
Rooms
Basement Partial, Stone/Rock, Unfinished
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Garage On-Street Parking Only
Garage Spaces 1.0
Utilities Available Electric Common, Heating Common
Roof Type Flat
Present Use Office,Professional Service,Residential
Building
Lot Description Corner Lot, Zero Lot Line
Story Two
Foundation 6414
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
Schools
School District Dassel-Cokato
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