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$600,000 New For Sale

703 W Main Street
Paynesville, MN 56362

17 units |

lot:1.48 acres
Commercial: Commercial - MLS# 4939926
Property Photo


Great investment opportunity to purchase 17 units in Paynesville Minnesota. Very convenient location to the Paynesville Schools and local businesses. Property shows good cash flow and is easily transitioned to a new management team. The current manager is willing to stay onstaff. One, three bedroom unit is in need of a rehab, but all other units are ready to be rented or currently rented.


  • Air Conditioning: Window
  • Appliances: Range, Refrigerator
  • Building Finished Square: 12410
  • County/Area: Stearns County
  • Exterior: Vinyl
  • Foundation Size: 8677
  • Fuel: Electric
  • Heating: Baseboard, Hot Water, Radiant, Boiler
  • Lot Dimensions: 450 x 264 x 213 x 311
  • Number Of 1 Bedroom Unit: 13
  • Number Of 2 Bedroom Unit: 1
  • Number Of 3 Bedroom Unit: 3
  • Other Parking Spaces: 17
  • Parking Characteristics: Driveway - Asphalt, Unassigned
  • Postal City: Paynesville (Mn)
  • Property Type: Commercial
  • Sale Includes: Business, Building, Land, Leases
  • School District: 741 - Paynesville
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Zoning: Business/Commercial
  • Sub Type: Commercial
  • Year Built: 1960

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