45 Main Street N

Hutchinson, MN
$ 125,000 Beds 0 Baths 0 Sq 2,050
Monthly Estimate* How much can I afford?

Why lease when you can own a historical retail commercial building and land in the core downtown Hutchinson with over 2,000 sqfts for $125,000! With some cleaning and renovation, you can make this building into your dream restaurant, cafe, coffee shop, bakery, office, store, or any business you can think of. Walking distance to many retail shops and restaurants. Owner is open to Contract for Deed with 15% down, pay off the remaining balance in 5 years at 8% interest rate. Owner is also open to leasing the building for $1,200/mo with a minimum 3 or 5 years lease and $15,000 security deposit. Big companies in Hutchinson are 3M, Menards, Walmart, and Cash Wise Foods. And Marshalls is expected to open in Fall 2021. Buyer will look at all offers!

Commercial

  • Price
  • $ 125,000
  • Lot Size
  • 0.67 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 2,050
  • Full Bathrooms
  • 0
  • Year Built
  • 1891
  • Half Bathrooms
  • 0
  • City, Zip
  • Hutchinson
  • Taxes
  • 3306
  • County
  • MCLEOD
  • Style
  • Retail
  • Area
  • MLS#
  • 5470309
  • Zip
  • 55350
Listing Provided by: RE/MAX Results
Data Source: NorthstarMLS

Features

General

Accessibility No Stairs Internal, No Stairs External
Appliances Range, Microwave, Exhaust Fan, Dishwasher, Refrigerator, Freezer
Construction Materials Brick/Stone, Wood Siding
Contingency None
Cooling Central Air
Current Use Restaurant
Heating Forced Air
High School District Hutchinson
Lender Owned No
Parking Features On-Street Parking Only, More Parking Offsite for Fee
Property SubType Retail
Property Type Commercial Sale
Sewer City Sewer/Connected
Standard Status Active
Tax Annual Amount 3306
Total Units 1
Zoning Description Business/Commercial

Exterior Features

Foundationarea 2050
Lot Dimensions 23x126
Lot Features Zero Lot Line
Lot Size Area 0.67
Lot Size Units Acres
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Woodbury, MN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/25/2020 Listed $125,000

Property vs Zip Code Average in 55350

Price
AVG $240K
$130K
Taxes
AVG $6,651
$3,306
Visits
AVG 114
197
Year Built
AVG 1960
1891
Walkscore
AVG 44
57
Data Provided by Walkscore ® not using MLS data

Map

45 Main Street N Hutchinson, MN is a Single Family Home for sale at $125000 with 2050 sqft and a lot size of 0.67 Acres Acre(s). 45 Main Street N Hutchinson has 0 bedrooms, 0 baths and was built in 1891. The property's zip code is 55350 which is in Hutchinson, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.