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Active
$525,000
/mo Edit
Commercial:  2 Stories
Built 1960
0.535 acres
Waseca schools
MLS# 7147655
My rating:
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    Property Description

    Unique commercial property with 9 apartments and 16 self-storage units. $79, 932 YTD current gross income. Apartments fully occupied. Tenants pay their own heat/electric. Sqft of building listed is just of the main level. Unsure true age of building.

    Listing

    Contingency: None
    City: Waseca
    County: Waseca
    State: MN
    Property Style: 2 Stories
    Zip Code: 56093
    Subdivision Name: Trowbridges Add

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Wall Unit(s), Window Unit(s)
    Foundation Size: 8,037 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Other
    Parking Features: On-Street Parking Only
    Road Frontage: City Street
    Pool: None

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.535
    Geolocation: 44.079661, -93.509211
    Inclusions: Leases
    Lot Dimensions: 150 x 83 x 127 x 32 x 23 x 116
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Irregular Lot

    Schools

    School District: 829
    District Phone: 5078352500

    Expenses

    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,686
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,010

    Income

    Annual Gross Income: $79,932

    Units

    Total Units: 9

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Residential
    • Storage Facility
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Electric Separate
    • Heating Common
    • Heating Separate
    • Hot Water Common
    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!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.