608 Walnut Avenue Madison Lake, MN $ 375,000
608 Walnut Avenue
$ 375,000
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608 Walnut Avenue

Madison Lake, MN, 56063
$ 375,000
Baths0.0 Sq 2,932

Monthly Estimate*

$ 2,619

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Studio

Commercial Property for sale in Madison Lake, MN

for $375,000. This 2,932 square foot building was built in 1984 on a lot size of 0.33.

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!

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Commercial Active

Price

$ 375,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,300

Style

Lot Size

0.33

Year Built

1984

Town/City

Madison Lake

County/Region

Blue Earth

MLS | Web ID

6512331

Features
General
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
Garage Spaces 0
Construction Materials Brick/Stone Steel Siding
Year Built 1984
Levels One
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
Total Units 1
Street Name Walnut
Land Lease Y/N N
Tax Annual Amount 5300
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Cable Ethernet Wired Washer/Dryer Hookup
Buyer Agent Compensation Type %
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Interior
Basement Block Drainage System Concrete Storage Space Sump Pump Unfinished
Basement (Y/N) Y
Street Suffix Avenue
Ceiling Height 8-10
Foundation Dimensions 42x70
Fuel Natural Gas
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Exterior
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
Lot Size Units Acres
Foundation Area 2932
Road Frontage Type City Street Paved Streets Unpaved Streets Highway
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 608
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

MikeBlow@me.com

Email

Affordability Calculator

$3,061
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,619
Monthly Property Taxes
$442
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708596 Elementary School
708778 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2024$375,000 Listed Price

Map


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608 Walnut Avenue, Madison Lake, MN, 56063 is a Commercial Property for sale at $375,000 with 2,932 sqft and a lot size of 0.33. 608 Walnut Avenue is a studio with 0.0 baths and was built in 1984. The property's zip code is 56063 which is in Madison Lake, MN