116 W Jessie St - Storefront Retail/Residential FOR SALE


Rushford, MN 55971
$330,000 USD
608-518-0266
116 W Jessie St, Rushford, MN for Sale
$330,000 USD
Storefront Retail/Residential - FOR SALE
1/57
null | Request Cap Rate

116 W Jessie St
Rushford, MN 55971


HIGHLIGHTS

  • Rental Income of 2500 a Month
  • Established Business
  • Recently Renovated

OVERVIEW

Rare mixed-use investment opportunity in the heart of downtown Rushford! Fully renovated in 2013, including major updates to the plumbing, electrical, bathrooms, and utilities, this well-maintained property offers exceptional versatility and income potential. The main level features a vacant commercial space that was most recently operated as a coffee shop and café, complete with a kitchen, drive through, pressed-tin ceilings, beautiful inside seating area, and sidewalk café seating, making it ready for your next business venture or tenant. The property also includes three residential units: a one-bedroom, one-bath unit, a two-bedroom, one-bath unit, and a three-bedroom, one-bath unit, providing immediate rental income from three occupied residential units while you lease or occupy the commercial space. Whether you're an investor or an entrepreneur, this is a rare opportunity to own a character-filled, income-producing property in the heart of downtown Rushford.

FOR SALE DETAILS

PRICE

$330,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1883

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

Commercial & Residential

APN/PARCEL ID

06.0262.000

ASK ABOUT THIS PROPERTY

Tika HerritzMosaic Real Estate LLCMore Info
608-518-0266

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Tika HerritzMosaic Real Estate LLCMore Info
608-518-0266

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.