4472 40th Street W Webster, MN $ 460,000
4472 40th Street W
$ 460,000
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4472 40th Street W

Webster, MN, 55088
$ 460,000
Baths0.0 Sq 5,636

Monthly Estimate*

$ 3,213

4472 40th Street W, Webster, MN 55088 - Image 1
4472 40th Street W, Webster, MN 55088 - Image 2
4472 40th Street W, Webster, MN 55088 - Image 3
4472 40th Street W, Webster, MN 55088 - Image 4
4472 40th Street W, Webster, MN 55088 - Image 5
Studio

Commercial Property for sale in Webster, MN

for $460,000. This 5,636 square foot building was built in 1940 on a lot size of 0.18.

For Sale 4-unit, 3 apartments & 1 commercial space, 5,636 SF investment property in great condition near Elk New Market, MN. 4472 40th St W, Webster, MN 55044 is a fully leased mixed-use property that includes onsite parking, laundry, and 3 stall detached garage. Well maintained and recently updated, this mixed-use property is only minutes from Elko New Parket and within 30 minutes of the Twin Cities. Very strong tenants with the United States Postal Service as a longtime anchor tenant on the first floor and 3 occupied apartments above. USPS has been at this location for many years with their current lease through 2028. THe 3 apartments on the second floor, one 1 bedroom & two 2 bedroom, are in great condition with two of them being fully remodeled in 2021. All units have long-term tenants in place. Ample parking with space in front of the building and a lot directly across the street. A detached garage with 3 stalls is located on the property and will be included in the sale.

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Commercial Active

Price

$ 460,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,146

Style

Mixed Use

Lot Size

0.18

Year Built

1940

Town/City

Webster

County/Region

Rice

MLS | Web ID

6388740

Features
General
Sewer City Sewer/Connected
Heating Baseboard
Utilities Electric Separate Heating Common
Garage Spaces 3
Construction Materials Brick/Stone
Year Built 1940
Property SubType Mixed Use
Tax Year 2022
Current Use Commercial Professional Service Residential Retail
Accessibility Partially Wheelchair
County Rice
Property Type Commercial Sale
Contingency None
Subdivision Name Townsite/Webster
Directions I-35 to 45th St W 45th St W to 40th St W
City Webster Twp
Buyer Agent Compensation 2.50
High School District Northfield
Zoning Description Business/Commercial
Total Units 4
Street Name 40th
Land Lease Y/N N
Tax Annual Amount 4146
Additional Parcels Y/N N
Days on Market 263
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Detached Guest Parking Off Site
Water Source City Water/Connected
Inclusions Building Fixture/Equipment Leases
Lot Size Area 0.18
Building Area Total 5636
Lot Dimensions 55x132
Lot Size Units Acres
Foundation Area 1878
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Interior
Basement (Y/N) N
Street Suffix Street
Fuel Natural Gas
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Internal Only
Street Number 1 4472
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* Excluded Features
List By
Re/Max Results

Broker

mark@resultscommercial.com

Email

Affordability Calculator

$3,559
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,213
Monthly Property Taxes
$346
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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Nearby
708345 Elementary School
708521 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2024$460,000 -3.36% Price Down
10/2/2023$476,000 -2.86% Price Down
7/24/2023$490,000 -2.00% Price Down
6/20/2023$500,000 Listed Price

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4472 40th Street W, Webster, MN, 55088 is a Commercial Property for sale at $460,000 with 5,636 sqft and a lot size of 0.18. 4472 40th Street W is a studio with 0.0 baths and was built in 1940. The property's zip code is 55088 which is in Webster, MN