Come see this stunning commercial building located in the heart of Pine Island in a prime location. This building offers two tenants in place and currently is rented with the option to rent one additional front unit. Updates include new ramp in the rear of the building, newly paved parking lots and a newer retaining wall. This is building offers a great location and opportunity to own a building in the heart of the city
MLS ID: 6785824
Directions: Cty Rd 3 NW to Main St, to property
MLS #: 6785824
Listing courtesy of: RE/MAX Advantage Plus
Price: $275,000
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Business/Commercial
Current Use: Beauty/Barber Shop, Commercial, Office
Total Units: 2
Annual Gross Income: $22,440
Net Operating Income: $18,440
Annual Gross Expense: $4,000
Parking Features: Parking Lot
Other Parking Spaces: 14
Owner Occupied: No
Construction Materials: Block, Brick/Stone
AccessibilityFeatures: None
Roof: Age 8 Years or Less, Asphalt
Heating: Forced Air
Cooling: Central Air
Style: Office
Year Built: 1960
Foundation Area: 1,773
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Utilities: Electric Separate
Complex/Dev/Sub Name: Pine Island
Lot Dimensions: Irregular
Road Frontage: City Street, Paved Streets
District: Pine Island
District Number: 255
District Phone: 507-356-4849
County: Goodhue
Tax Year: 2024
Tax Amount: $5,278
Assessment Pending: Unknown
Taxes w/Assessments: $5,278
This listing was last updated by RE/MAX Advantage Plus on 9/10/2025 at 9:03 pm.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 12/5/2025 1:45 am.
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