For Sale: Silver Lake MLS# 7034520
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Property Description
Great Opportunity to purchase a Commercial Building and an Operating Business! 40 Acres of Ag Land, Large 74x32 Barn with many Sanitary Rooms, a 2-Story Brick Home and a large 52x36 Quonset Out-building, are all together and are Included in the Sale.
This 40 Acre Hobby Farm has a Solid 2-Story Brick Home, in good condition. The property is private and has a 4 acre woods along the driveway. There is a large Barn with a Very Clean / Sanitary Interior for a Commercial Business. And the business along with the equipment can be included in the sale, at no additional cost! The house has a very nice and sturdy Rock Foundation, with old style basement Cellar. The basement has been totally re-done with a Sump Basket & Pump and has a very nice Gravel Floor. It has a Newer Forced Air Furnace, Water Heater and Softener. It has newer lighting and has good headroom. It is very nice and comfortable and provides for a lot of storage space, as well as excellent Storm Shelter. Both the Commercial Barn and 2-Story House have newer Mound Septic Systems. The Commercial Barn makes for many potential Business Operations: whatever you want to do...
Listing
Listing Status:
Active
Contingency:
None
List Price:
$668,000
Property Type:
Commercial
City:
Silver Lake
Garage Spaces:
0
County:
McLeod
Year Built:
1900
State:
MN
Property Style:
2 Stories
Zip Code:
55381
Interior
Bedrooms:
3
Bathrooms:
3
Ceiling Height:
Varied Heights
Flooring:
Concrete Slab
Appliances Included:
- Fuel Tank - Owned
- Gas Water Heater
- Water Softener Owned
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
Attic Fan, Ductless Mini-Split, Zoned
Foundation Size:
2,775 ft2
Foundation Dimensions:
75x32 + 25x15
Fencing:
Cross Fenced
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
- Ductless Mini-Split
- Forced Air
Parking Features:
Gravel
Road Frontage:
- Township
- Unpaved Streets
Exterior Material:
- Block
- Concrete
- Frame
Pool:
None
Roof Details:
Metal
Lot & Land
Acres:
40
Geolocation:
44.940172, -94.198017
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land
Lot Dimensions:
1320 x 1320
Zoning:
- Agriculture
- Business/Commercial
- Residential-Single Family
Lot Description:
- Tillable
- Tree Coverage - Medium
Farm
Topography:
Gently Rolling, Level, Pasture
Schools
School District:
1288
District Phone:
3208642498
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,408
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,444
Income
Annual Gross Income:
$300,000
Units
Total Units:
1
Miscellaneous
Current Use:
- Commercial
- Residential
Fuel System:
Propane
Owner Occupied:
Yes
Sewer System:
- Mound Septic
- Private Sewer
Available Utilities:
Electric Separate
Water System:
- 4-Inch Submersible
- Drilled
- Private
Power Company Name:
McLeod Co-op Power Association
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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!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.