Investment Property Main St. Stillwater
Location: Minnesota > Washington County > Stillwater
Industry: Real Estate > Other Real Estate
Financials
Asking Price: $575,000
Seller Financing: Seller willing to carry some financing to a qualified buyer.
Business Summary
Building Description
114 Main St. N. Stillwater, Mn. 55082
Description: This Historical building has a zero lot line building with ground floor dimensions of 25’6” x 84’, two stories over full basement for a ground floor area of 2,142; a second floor area of +/- 1,989 SF; a +/- 380 loft, and a gross building area of 6,653 SF. The ground floor has a 12’ ceiling height with a tin ceiling, plaster walls and hardwood floor; the basement is used for storage and has a 2 fixture bath. Clear height is about 5’ 8”. The second floor has two unique apartments. The one bedroom unit at the rear has an open porch that faces the alley and contains a living/dinning room, Kitchen, bedroom, full bath and laundry/storage. The front unit is a studio with the sleeping area in a loft. The loft area has a two fixture bath and laundry. The main level of this apartment contains a kitchen, living/dinning room and full bath. The loft unit has the roof access. The roof has a deck at the front of the building with expansive views of the river and bluffs. There is a public parking lot across the street from the building!
About the Business
Year Established: 1882
Facilities: Exterior Features: The building is mill construction with brick walls and wood posts and beams. The brick walls are exposed in the apartment units and plastered in the retail unit; the roof is flat with pitch and gravel cover. The roof is approximately 9 years old and appears to be in good condition. There is a skylight in the loft unit; windows in the loft unit are new double hung thermo pane. Interior Features: This property has a combination of wood, tile and carpeted. The walls are a combination of brick, drywall and plaster. Ceilings are painted drywall, tin and open. Each of the apartment units has a full kitchen, full bath and laundry. The loft unit has a half bath in the loft level. The basement contains the half bath for the retail space. There is a new forced air furnace for retail unit and a new electric 50 gallon water heater for the building. Heat in the apartments is electric baseboard. There is one thru-wall AC unit for each of the three units. Age / Condition: Built in 1882 and was updated in the late 1990s. The interior and exterior are in great condition.
About the Sale
Reason For Selling: REASON FOR SALE: Seller is willing to carry some of the financing to the right buyer! Retirement/Health. Seller very motivated.

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Listing Tools
BizQuest ID:924321
Seller ID:6003 Bill
Business Listed By
Name:Opportunities In Business
Company:Opportunities In Business
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.