For Sale: Spicer MLS# 7010697
Active
$847,000
Multi-family: 2 Stories
3 br • 5 ba • Built 1956
12,640 sqft • 0.321 acres
MLS# 7010697
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Property Description
LOCATION LOCATION LOCATION!!! Rare opportunity to own some Prime Real Estate in Downtown Spicer across from GREEN LAKE! Multi-Purpose Building! Renovate the upper level to include Luxury Condos or create your own Home with fabulous Lake Views! Currently the main level of the building hosts a successful boutique and has plenty of square footage for other retail shops along with potentially a coffee shop, restaurant, fitness/yoga space and much more -- the possibilities are endless! With 3 separate entrances for the existing 3 different suite areas along with separate bathrooms etc - and plenty of storage - this is all set up for your business & tenants -- and it could easily have 1-2 more Main Floor suites added. OR completely transform this Entire property into spacious Downtown Condos for a variety of occupants or possibly a Bed & Breakfast. Bring your imagination & transform this property into something special in the town of Spicer! Open your new business, expand your existing one or use this as an income-producing property. Building/Land for sale only; current occupant open to renting space. UPDATES to main floor since 2018 include: adding a south side entrance, 3 new bathrooms, new flooring, move in ready coffee shop/small restaurant (with new windows & restaurant tile flooring in back area) , sheet rocked the entire ceiling for fire code, new lighting, new kitchenette in back room, updated the exterior with paint, new roof & more. Give us a call for more info! Contact City of Spicer for Zoning info.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$847,000
Price per sq ft:
$67
Property Type:
Multi-family
City:
Spicer
Garage Spaces:
0
County:
Kandiyohi
Year Built:
1956
State:
MN
Property Style:
2 Stories
Zip Code:
56288
Interior
Bedrooms:
3
Bathrooms:
5
Finished Area:
12,640 ft2
Living Area:
12,640 ft2
Basement Details:
- Partial
- Sump Pump
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
8,000 ft2
Handicap Accessible:
Other
Heating System:
Forced Air
Parking Features:
Parking Lot
Roof Details:
- Age 8 Years or Less
- Asphalt
Lake & Waterfront
Waterfront:
Lake View
Lot & Land
Acres:
0.321
Geolocation:
45.2347823764, -94.9389906405
Lot Dimensions:
100 x 140
Addl Parcels:
0851002230
Zoning:
- Business/Commercial
- Other
Schools
School District:
1480
District Phone:
3203542252
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$20,831
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$20,982
Income
Annual Gross Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
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 Jane Vikse Real Estate.
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.