Price Reduction - Water Views
Address
112 1st Street S, Buffalo, MN
Price
$ 619,900
Property Attributes
  • ID#6384129
  • TypeCommercial
  • CountyWRIGHT
  • CityBuffalo
  • AreaBoulevard Add
  • NeighborhoodBoulevard Add
  • Zip55313
  • StyleBusiness,Office
  • Year Built1990
  • Taxes$ 15096
  • Price$ 619,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7800
  • Lot Size0.43 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Newly updated lobby with interior paint and white trim. Building is 75% rented with professional tenants and long term leases. Great downtown Buffalo location with lake views. Impeccable building condition with multiple continuous tenants. Large private parking lot with 24 stalls, front, side and rear entrances. Large common area with shared bathrooms. All office spaces have been fully renovated. Rooftop seating for the brewhouse with Buffalo Lake views! Agent is the owner and this is a 1031 Exchange.

Price History
6/15/2023 Listed $749,900
7/27/2023 5% - $719,900
11/9/2023 3% - $699,000
2/19/2024 8% - $649,900
4/19/2024 5% - $619,900

General Features

Sewer City Sewer/Connected
Heating Forced Air,Outdoor Furnace
Utilities Electric Common,Electric Separate,Heating Common,Heating Separate,Hot Water Common
Construction Materials Brick/Stone
Year Built 1990
View Lake
Property SubType Business,Office,Other
Tax Year 2023
Current Use Commercial,Office,Other,Professional Service,Bar/Tavern
Waterfront Features Lake View
Accessibility No Stairs External,No Stairs Internal
County Wright
Property Type Commercial Sale
Contingency None
Subdivision Name Boulevard Add
Directions Hwy 55,Turn right onto 2nd St S,straight to 1st St S.
City Buffalo
Buyer Agent Compensation 2.70
Body of Water Buffalo
High School District Buffalo-Hanover-Montrose
Zoning Description Business/Commercial
Total Units 1
Waterfront Y/N No
Street Name 1st
Land Lease Y/N No
Tax Annual Amount 15096
Additional Parcels Y/N No
Days on Market 309
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Buffalo

Interior Features

Basement (Y/N) No
Street Suffix Street
Fuel Natural Gas
Lake Acres 1551

Exterior Features

Parking Features Parking Lot,Paved,Unassigned
Water Source City Water/Connected
Inclusions Building,Land,Leases
Lot Size Area 0.43
Building Area Total 7800
Lot Dimensions 137x137
Lot Size Units Square Feet
Foundation Area 7800

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 55313

Price
AVG $620K
$620K
Taxes
AVG $15,096
$15,096
Visits
AVG 350
349
Data Provided by Inside Real Estate®
Year Built
AVG 1990
1990
Walkscore
AVG 70
70
Data Provided by Walkscore® not using MLS data

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