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122 Hamel Rd 3,511 SF Retail Building Hamel, MN 55340 $549,900 ($156.62/SF)



Executive Summary
Excellent investment or redevelopment opportunity in the heart of Uptown Hamel. This two-story mixed-use building, built in 1936, is positioned on a 0.33-acre corner lot at Hamel Road and Sioux Drive, offering strong visibility and access within Medina’s Uptown Hamel District. The main level currently features two commercial retail units, both occupied by local businesses, while the upper level includes two apartment units providing additional rental income. The structure shows its age and would benefit from updates and repair, but offers solid bones and versatile zoning (UH – Uptown Hamel District) that supports a wide range of commercial and residential uses. With its classic small-town character, prominent corner location, and mixed-use potential, this property presents a value-add opportunity for an investor, owner-occupant, or developer looking to be part of Hamel’s ongoing revitalization.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,511 SF
Building Class
C
Year Built
1936
Price
$549,900
Price Per SF
$156.62
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.33 AC
Zoning
Other - Main Level - non-preffered commercial
Upper Level - two residential units
Parking
10 Spaces (2.85 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-118-23-41-0066 | Improvements Assessment | $314,000 |
| Land Assessment | $144,000 | Total Assessment | $458,000 |
Property Taxes
Parcel Number
12-118-23-41-0066
Land Assessment
$144,000
Improvements Assessment
$314,000
Total Assessment
$458,000
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122 Hamel Rd
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