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106 N Main St 1,824 SF 100% Leased Office Building Le Sueur, MN 56058 $350,000 ($191.89/SF)



Investment Highlights
- High Traffice
- Remodeled
Executive Summary
Turnkey investment opportunity, fully renovated, fully leased 2- unit property situated in the heart of Le Sueur. Opportunity for Live-Work Lifestyle, or income producing rental located in high-demand retail area, and busiest corner of town- with long term potential. This bold, Le Sueur Brick building sits in front of the Minnesota River. Charming, modern, yet kept the integrity of the historic character. Convenience and comfort: Parking and entrances in front of building, and private parking and entrances in the back. Main level-Retail, office space, currently leased through August 2028. Keyless entry. Step onto plank flooring, into a stylish interior with a fresh build-out, exposed and preserved brick, housing a large foyer/studio with 2 additional office spaces, a kitchenette and bathroom. Upper-level living is currently month to month lease. Enter into a brand-new renovated apartment. The sleek kitchen welcomes you in with a modern flair, black cabinets with grey and white accents. Two bedrooms, a large bathroom, washer/dryer. Enjoy western sunsets from the spacious deck. Basement is clean with loads of storage. Current rents: 106 (lower level Commerical ) $1600.00/month, most utilities included, excluding garbage and internet. Upper level (106 1/2 residential) $1600.00/month all utilities included, city water, sewer/garbage, internet and snow removal of back parking. New AC/Furnace/Roof inspected. Sound proofing between upper and lower level installed.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
1,824 SF
Building Class
C
Year Built
1910
Price
$350,000
Price Per SF
$191.89
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
912 SF
Building FAR
0.47
Lot Size
0.09 AC
Zoning
Commercial
Parking
3 Spaces (1.64 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 21.800.3430 | Improvements Assessment | $91,500 |
| Land Assessment | $30,000 | Total Assessment | $121,500 |
Property Taxes
Parcel Number
21.800.3430
Land Assessment
$30,000
Improvements Assessment
$91,500
Total Assessment
$121,500
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106 N Main St
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