Home Call Us About Login
Map Search Area Search MLS#/Addr Featured New Const. Local Info
My Account Buying Selling Title Mortgage Inspections

For Sale:  Wells MLS# 6772567

My notes for this property


Add listing to my favorites (required)
Active NEW!
$120,000
/mo Edit
Commercial:  2 Stories
Built 1910
0.08 acres
United South Central schools
MLS# 6772567
763-576-8286
My rating:
Favorite
Ask Question
Request a Showing  
Agent
Ask the Agent℠

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Terms & Conditions






    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    This absolutely turn-key property is ready for new owners with multi-use space. Rental? AirBnb? Office use? A combo for all of the above? YES! Fully furnished throughout, the front part of the main floor highlights an exposed brick wall, original, restored tin ceiling, and offers a large conference/gathering room with 2 separate offices (both framed out and insulated for soundproofing), each with locking doors. The basement access is from the front area as well, with a functioning 1/2 bath and full storage space, nicely lit and dry. The back part of the main floor is accessed by another (lockable) door, and includes a kitchenette (fridge, countertop dishwasher, sink, & microwave), laundry room, 3/4 shower, bedroom or living space, bedroom or living space in a loft area, and access to the backyard/alley/single garage. Upstairs, a totally renovated (think new wiring/plumbing/drywall/etc) 3 bedroom, 2 bath apartment awaits. An open-concept entry/living/dining/kitchen, complete with full-size washer/dryer is tastefully done and maximizes space. A 3/4 bath w/access to utility room, 2 storage closets, 3 bedrooms, and a full bath complete the 2nd floor. This would be a great owner unit, or a fantastic rental-income opportunity. Well cared for throughout, this property offers numerous updates (furnace, plumbing & electrical, fixtures, and more) plus so many business opportunities. Don't miss out on your chance to own this stunning brick building in Downtown Wells!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $120,000
    Property Type: Commercial
    City: Wells
    Garage Spaces: 1
    County: Faribault
    Year Built: 1910
    State: MN
    Property Style: 2 Stories
    Zip Code: 56097
    Subdivision Name: Wells

    Interior

    Ranges: One
    Refrigerators: Two
    Appliances Included:
    • Dishwasher
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 1
    Other Parking Spaces: 1
    Air Conditioning: Central Air
    Foundation Size: 1,375 ft2
    Foundation Dimensions: 25x55
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Gravel
    Unit Amenities:
    • Ceiling Fan(s)
    • Natural Woodwork
    • Tile Floors
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Brick/Stone
    • Vinyl Siding
    Roof Details:
    • Flat
    • Rubber

    Lot & Land

    Acres: 0.08
    Geolocation: 43.743519, -93.725922
    Inclusions: Building, Other
    Lot Dimensions: 25 x 140
    Zoning: Business/Commercial

    Schools

    School District: 2134
    District Phone: 507-553-3134

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $82
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $82

    Units

    Total Units: 3

    Miscellaneous

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

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of True Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.