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$485,000 For Sale

1115 Highway 7 W
Hutchinson, MN 55350

3 units |

0.93 acre lot
Commercial: Commercial - MLS# 4758254
Property Photo
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Description

Property is a three tenant mall, current use is restaurant, dance studio, and HVAC service company. Contract for deed available!

Features

  • Acres: 0.9300
  • Air Conditioning: Central
  • Annual Caretaker Expense: 575
  • Annual Electric Expense: 1700
  • Annual Gross Expense: 15679.00
  • Annual Gross Income: 69900.00
  • Annual Insurance Expense: 1750
  • Annual Net Income: 54221.00
  • Annual Repair Expense: 3600
  • Annual Trash Expense: 1000
  • Annual Water/Sewer Expen: 600
  • Building Finished Square: 10500
  • County/Area: Mcleod County
  • Exterior: Brick/Stone
  • Foundation Size: 100100
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Listing Status: Active
  • Lot Description: Irregular Lot, Corner Lot
  • Lot Dimensions: 0x0
  • Miscellaneous: 220 Volt
  • MLS ID: RMLS
  • Other Parking Spaces: 25
  • Parking Characteristics: Uncovered/Open
  • Postal City: Hutchinson (Mn)
  • Property Type: Commercial
  • Road Frontage: City, Us Highway
  • Sale Includes: Building
  • School District: 423 - Hutchinson
  • Sewer: City Sewer/Connected
  • Sub Type: Commercial
  • Tenant Expenses: Electric
  • Total Annual Expenses: 15679
  • Units: 3
  • Water: City Water/Connected
  • Year Built: 1978
  • Zip Code: 55350
  • Zoning: Business/Commercial

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