For Sale: Chatfield MLS# 7087805
Active
NEW!
$150,000
Commercial: Other
Built 1898
0.079 acres
Chatfield schools
MLS# 7087805
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Bring your design ideas to this classic 1898 brick building, perfectly situated right in the heart of bustling Main Street South. Offering an incredible footprint with high visibility, this versatile property features a spacious main-floor commercial space—previously operated as a restaurant—and two 1-bedroom apartments on the second floor.
This property serves as a true blank canvas, making it an ideal choice for an investor looking to build equity, a business owner wanting a live-work setup, or a developer aiming to capitalize on Chatfield's residential rental demand.
The ample square footage offers an excellent opportunity to customize the entire space from top to bottom. Bring your contractor, explore the possibilities, and unlock the massive potential of this downtown anchor!
The property is being sold strictly in "As-Is" condition.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$150,000
Property Type:
Commercial
City:
Chatfield
Garage Spaces:
0
County:
Fillmore
Year Built:
1898
State:
MN
Property Style:
Other
Zip Code:
55923
Subdivision Name:
Chatfields Original
Interior
Basement Details:
Unfinished
Exterior
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
3,456 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.079
Geolocation:
43.845183, -92.189005
Inclusions:
Building
Lot Dimensions:
19 x 121
Zoning:
Business/Commercial
Lot Description:
Infill Lot
Schools
School District:
227
District Phone:
5078674210
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,365
Lender-owned:
Not Disclosed
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,400
Units
Total Units:
3
Miscellaneous
Current Use:
- Residential
- Restaurant
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Realty Growth Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.