For Sale: Hammond MLS# 7087921
Active
NEW!
$250,000
Commercial: Other
Built 1910
0.02 acres
Rochester schools
MLS# 7087921
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Property Description
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 side lot with a built-in stage adds incredible expansion or event-hosting potential to capture heavy seasonal traffic from river recreationists, cyclists, and tourists.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$250,000
Property Type:
Commercial
City:
Hammond
Garage Spaces:
0
County:
Wabasha
Year Built:
1910
State:
MN
Property Style:
Other
Zip Code:
55991
Subdivision Name:
East Hammond
Exterior
Garage Spaces:
0
Foundation Size:
2,200 ft2
Handicap Accessible:
Partially Wheelchair
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.02
Geolocation:
44.222447, -92.369353
Inclusions:
Building
Lot Dimensions:
0.02
Zoning:
Business/Commercial
Schools
School District:
535
District Phone:
5073283000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,632
Lender-owned:
Not Disclosed
Assessment Pending:
Unknown
Taxes w/ Assessments:
$1,632
Units
Total Units:
4
Miscellaneous
Current Use:
- Residential
- Retail
Fuel System:
Propane
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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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.