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Zumbro River Valley Mixed-Use Investment 312 Center St E 4,480 SF 100% Leased Retail Building Hammond, MN 55991 $250,000 ($55.80/SF)
Investment Highlights
- Four Distinct Revenue Streams
- Massive Double Side Lot
- Recent Extensive Property Overhauls
- Turnkey Cafe & Bar Infrastructure
- Prime Zumbro Valley Destination
- Upgraded Mechanicals & Utilities
Executive Summary
Incredible turnkey investment opportunity in the picturesque Zumbro River Valley! This unique, well-maintained mixed-use building offers four distinct revenue streams. The upper level features two updated residential apartments: one occupied by an excellent long-term tenant and the second operating as a successful short-term vacation rental. The main level offers accessible commercial storefronts, including a complete commercial kitchen/cafe space and a separate office/bar setup. The building features recent mechanical, cosmetic, and utility updates throughout, with separate meters in place. A massive double-sided lot with a built-in stage adds incredible expansion or event-hosting potential to capture heavy seasonal traffic from river recreationists, cyclists, and tourists.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,480 SF
Building Class
C
Year Built/Renovated
1910/2011
Price
$250,000
Price Per SF
$55.80
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.25 AC
Amenities
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R-20.00091.00 | Improvements Assessment | $86,000 |
| Land Assessment | $33,000 | Total Assessment | $119,000 |
Property Taxes
Parcel Number
R-20.00091.00
Land Assessment
$33,000
Improvements Assessment
$86,000
Total Assessment
$119,000
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Zumbro River Valley Mixed-Use Investment | 312 Center St E
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