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Active NEW!
$79,900
/mo Edit
Commercial:  1 Story
Built 1921
0.187 acres
MLS# 7040609
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    Property Description

    Great time to invest in downtown Tyler. The area is being revitalized and it's a good time to become a part of it. Thrifty White is currently renting the north portion uf the building. The south half will be available for the new owner to rent out or occupy. Roof was replaced in 2023. New flooring on the south portion was also installed in 2023.

    Listing

    Contingency: None
    City: Tyler
    County: Lincoln
    State: MN
    Property Style: 1 Story
    Zip Code: 56178
    Subdivision Name: Tyler

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 4,923 ft2
    Handicap Accessible: Doors 36"+
    Heating System: Forced Air
    Parking Features:
    • Gravel
    • On-Street Parking Only
    • Open

    Lot & Land

    Acres: 0.187
    Geolocation: 44.278125, -96.135311
    Inclusions: Building
    Lot Dimensions: 50 X 165
    Zoning: Business/Commercial

    Schools

    School District: 1309
    District Phone: 5072475913

    Expenses

    Tenant Expenses: All Utilities, Snow Removal, Taxes

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,218
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,218

    Income

    Annual Gross Income: $10,200

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Office
    • Retail
    Fuel System:
    • Electric
    • Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

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