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123 Main Street E New Prague, MN $ 417,000
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$ 417,000 Get more info
123 Main Street E
$ 417,000
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123 Main Street E

New Prague, MN, 56071
$ 417,000
Baths0.0 Sq 2,027

Monthly Estimate*

$ 2,913

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Studio

Commercial Property for sale in New Prague, MN

for $417,000. This 2,027 square foot building was built in 1885 on a lot size of 0.1.

If you have ever wanted to own a stunning commercial building in the heart of downtown New Prague, MN - this is your chance! A stunning brick building with gorgeous hardwood floors, high ceilings, fresh bright white paint, charming light fixtures, make this a turn-key main floor building. Directly off main street in a high-traffic location with south-facing windows. The upstairs is the original New Prague bowling alley (see pics). The original equipment, bowling flooring, benches for the competitors, stadium seats for the elite viewers remain in the upstairs. Brand new roof with warranty as of March 2024. Don't miss your chance! Downtown Main Street New Prague is high in demand and will go quickly.

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Commercial Active

Price

$ 417,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,340

Style

Lot Size

0.1

Year Built

1885

Town/City

New Prague

County/Region

Scott

MLS | Web ID

6508115
Features
General
Sewer City Sewer/Connected
Heating Forced Air Zoned
Cooling Zoned
Utilities Heating Separate
Roof Age 8 Years or Less
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1885
Tenant Pays All Utilities
Levels Two
Tax Year 2024
Current Use Retail
Gross Income 20400
Accessibility None
County Scott
Net Operating Income 15900
Operating Expense 4500
Insurance Expense 3000
Property Type Commercial Sale
Contingency None
Directions Off mainstream across from the post office. NOT Velvet touch catering building - it is the building with the cast iron 'Merchants On Main' sign.
City New Prague
Buyer Agent Compensation 2.50
High School District New Prague Area Schools
Zoning Description Business/Commercial
Total Units 4
Street Name Main
Land Lease Y/N N
Tax Annual Amount 5340
Additional Parcels Y/N N
Days on Market 7
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Crawl Space Unfinished
Basement (Y/N) Y
Street Suffix Street
Ceiling Height 16-20
Fuel Electric
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Exterior
Parking Features Guest Parking More Parking Onsite for Fee
Water Source City Water/Connected
Inclusions Building Leases
Lot Size Area 0.1
Building Area Total 2027
Lot Dimensions 25x170
Lot Size Units Acres
Foundation Area 2027
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 123
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* Excluded Features
List By
Exp Realty

Broker

thethoughtfulrealtor@gmail.com

Email

Affordability Calculator

$3,358
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,913
Monthly Property Taxes
$445
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!
Nearby
709012 Elementary School
708575 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/27/2024$417,000 Listed Price

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123 Main Street E, New Prague, MN, 56071 is a Commercial Property for sale at $417,000 with 2,027 sqft and a lot size of 0.1. 123 Main Street E is a studio with 0.0 baths and was built in 1885. The property's zip code is 56071 which is in New Prague, MN

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