For Sale: Monticello MLS# 6738038
Active
NEW!
$570,000
Commercial: Apartments
Built 1910
0.09 acres
Monticello schools
MLS# 6738038
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Property Description
Dream of owning your restaurant? Here is your opportunity. Well established restaurant in downtown Monticello! 3 fully rented apartments above the restaurant for that supplemental income. Renters pay their own utilities. Patio to enjoy outside lunch with friends. Check it out today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$570,000
Property Type:
Commercial
City:
Monticello
Garage Spaces:
0
County:
Wright
Year Built:
1910
State:
MN
Property Style:
Apartments
Zip Code:
55362
Subdivision Name:
Original Monticello
Interior
Ceiling Height:
Less Than 8 Feet
Ranges:
One
Refrigerators:
Six or More
Appliances Included:
- Cooktop
- Dishwasher
- Electric Water Heater
- Freezer
- Microwave
- Range
- Refrigerator
Basement Details:
Concrete
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
4
Air Conditioning:
Central Air, Window Unit(s)
Foundation Size:
2,200 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Off Site
- Parking Lot
Shared Amenities:
- Coin-op Laundry Owned
- Other
Unit Amenities:
Natural Woodwork
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.09
Geolocation:
45.305784, -93.795669
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases
Lot Dimensions:
25 x 165
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
882
District Phone:
763-272-2000
Expenses
Annual Caretaker Expense:
None
Tenant Expenses:
Cable TV, Electricity, Fuel, Insurance
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,260
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,260
Income
Annual Gross Income:
$69,360
Units
Total Units:
3
Miscellaneous
Current Use:
- Residential
- Restaurant
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water - In Street
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Listing provided by RMLS,
courtesy of Keller Williams Integrity NW.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.