7900 Chapin Drive NE New London, MN ^$ 588,000

7900 Chapin Drive NE

^$ 588,000

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7900 Chapin Drive NE

New London, MN, 56273

^$ 588,000

Studio Baths0.0 Sq 4,616

Monthly Estimate*

^$ 4,107

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View a Virtual Tour

Studio

Commercial Property for sale in New London, MN

for $588,000. This 4,616 square foot building was built in 1990 on a lot size of 1.08.

Commercial Office building with 13 rooms, break area, 4 bathrooms, 2 utility closets, hand washing sink stations, big storage space, reception area, lobby and two outside sheds... This property would be suitable for many purposes. Close to New London and minutes from Paynesville and Spicer. Easy four lane access off Hwy 23 Corridor. Do not miss the Virtual 3D Tour. Be sure to schedule your private viewing today. Suitable as a Medical facility being plumbed for liquid oxygen & medical-air. Large surgery room, 13 consultation and treatment rooms....

Commercial Active

Price

^$ 588,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 14,019

Style

Lot Size

1.08

Year Built

1990

Town/City

New London

County/Region

Kandiyohi

MLS | Web ID

6445686

Features

General

Sewer Private Sewer

Heating Forced Air

Cooling Central Air

Utilities Electric Common Heating Common Hot Water Common

Roof Asphalt

Garage Spaces 0

Construction Materials Other

Year Built 1990

Tax Year 2023

Current Use Professional/Office Beauty/Barber Shop Commercial Office Other Professional Service Vacant

Accessibility Fully Wheelchair

County Kandiyohi

Property Type Commercial Sale

Contingency None

Subdivision Name Chapin-Thorson Add

Directions Hwy 23 to Co Rd 40 and turn towards New London and find Chapin Drive the first left and then driveway the first right across the street from TDS.

City New London

Buyer Agent Compensation 2.25

High School District New London-Spicer

Zoning Description Business/Commercial

Total Units 1

Street Name Chapin

Land Lease Y/N N

Tax Annual Amount 14019

Additional Parcels Y/N N

Virtual Tour https://my.matterport.com/show/?m=y5how9bkTtu&mls=1

Days on Market 113

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Slab

Basement (Y/N) N

Street Suffix Drive

Foundation Dimensions 48x90

Fuel Natural Gas

Exterior

Parking Features Paved

Lot Features Corner Lot Tree Coverage - Medium

Water Source Well

Inclusions Building Land

Lot Size Area 1.08

Building Area Total 4616

Lot Dimensions 43560

Lot Size Units Acres

Foundation Area 4616

Internal Only

Street Number 1 7900

* Excluded Features

List By

Edina Realty

Broker

PAFFRATH@EDINAREALTY.COM

Affordability Calculator

$5,276

Per Month

Monthly Principal & Interest: $4,107
Monthly Property Taxes: $1,168
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in New London, MN

Average List Price ^$481,600

Percent of Sale Price 18%

About New London, MN

1,271 Population

13% Since 2002

^$56,582 Median Income

41.9 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708765 Elementary School

709210 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/10/2024	$588,000	-16.00%	Price Down
10/9/2023	$700,000		Listed Price

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7900 Chapin Drive NE, New London, MN, 56273 is a Commercial Property for sale at $588,000 with 4,616 sqft and a lot size of 1.08. 7900 Chapin Drive NE is a studio with 0.0 baths and was built in 1990. The property's zip code is 56273 which is in New London, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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7900 Chapin Drive NE

Commercial Property for sale in New London, MN

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