Incredible turnkey investment opportunity in the picturesque Zumbro River Valley! This unique, well-maintained mixed-use building offers four distinct revenue streams. The upper level features two updated residential apartments: one occupied by an excellent long-term tenant and the second operating as a successful short-term vacation rental. The main level offers accessible commercial storefronts, including a complete commercial kitchen/cafe space and a separate office/bar setup. The building features recent mechanical, cosmetic, and utility updates throughout with separate meters in place. A massive double side lot with a built-in stage adds incredible expansion or event-hosting potential to capture heavy seasonal traffic from river recreationists, cyclists, and tourists.
| MLS # | 7087921 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 115 |
| Listing Provided By | Realty Growth Inc. | Robert Bucky Beeman |
| Units | 4 |
|---|---|
| Zoning | Business/Commercial |
| Acreage | 0.02 |
| Heating | Forced Air |
|---|
| Parking Features | On-Street Parking Only |
|---|
| Utilities | Electric Separate, Heating Separate, Hot Water Separate |
|---|
| Property | 1632 |
|---|
| State | MN |
|---|---|
| County | Wabasha |
| City | Hammond |
| Zip Code | 55991 |
| Community Name | East Hammond |
| School District | 535 |
| High School | Rochester |
| Listing VS Median (in East Hammond) | |
Price: $225,000 low | high Med: $0 On site: 115 low | high Med: | |
| State | MN |
|---|---|
| County | Wabasha |
| City | Hammond |
| Zip Code | 55991 |
| Community Name | East Hammond |
| School District | 535 |
| High School | Rochester |
| Listing VS Median (in East Hammond) | |
Price: $225,000 low | high Med: $0 On site: 115 low | high Med: | |