Address
608 Walnut Avenue, Madison Lake, MN
Price
$ 364,900
Property Attributes
  • ID#6512331
  • TypeCommercial
  • CountyBLUE EARTH
  • CityMadison Lake
  • Zip56063
  • StyleBusiness,Office,Retail
  • Year Built1984
  • Taxes$ 5300
  • Price$ 364,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2932
  • Lot Size0.33 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Imagine the possibilities with this prime commercial building in Madison Lake, strategically positioned along bustling Highway 60! With its expansive layout and versatile design, this property offers endless opportunities for businesses to thrive. Boasting multiple entrances and six spacious rooms, along with three bathrooms and a convenient kitchenette area, it's equipped to accommodate a variety of ventures. Plus, with nearly 1000 sq ft basement space, perfect for storage or expansion, this property truly has it all. Don't miss out on this incredible chance to turn your entrepreneurial dreams into reality - Let's do it!

Price History
4/2/2024 Listed $375,000
5/23/2024 3% - $364,900

General Features

Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common,Heating Common,Hot Water Common
Roof Age Over 8 Years
Appliances Gas Water Heater
Construction Materials Brick/Stone,Steel Siding
Year Built 1984
Levels One
Property SubType Business,Office,Retail
Tax Year 2024
Current Use Vacant
Accessibility Doors 36 +,Partially Wheelchair,Wheelchair Ramp(s)
County Blue Earth
Property Type Commercial Sale
Contingency None
Possible Use Office,Professional Service,Retail,Shop
Directions Hwy 60 (Walnut Ave)
City Madison Lake
Buyer Agent Compensation 2.70
High School District Mankato
Zoning Description Business/Commercial
NumberOfUnitsTotal 1
Lot Size Units Acres
Land Lease Y/N No
Tax Annual Amount 5300
Additional Parcels Y/N No
Days on Market 52
Standard Status Active
Lender Owned No
Amenities Unit Cable,Ethernet Wired,Washer/Dryer Hookup
Buyer Agent Compensation Type %
PostalCity Madison Lake

Interior Features

Basement Block,Drainage System,Concrete,Storage Space,Sump Pump,Unfinished
Basement (Y/N) Yes
Ceiling Height 8-10
Foundation Dimensions 42x70
Fuel Natural Gas

Exterior Features

Parking Features Gravel,Open
Lot Features Corner Lot,Tree Coverage - Light
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.33
Building Area Total 2932
Lot Dimensions 142x100
Foundation Area 2932
Road Frontage Type City Street,Paved Streets,Unpaved Streets,Highway
Road Responsibility Public Maintained Road

Amenities

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

Property vs Commercial Average in 56063

Price
AVG $360K
$360K
Taxes
AVG $5,300
$5,300
Visits
AVG 59
78
Data Provided by Inside Real Estate®
Year Built
AVG 1984
1984

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