14 Main StHutchinson, MN 55350
- Commercial real estate
- 5,016 SF
Property Details for 14 Main St
- Year built
- 1900
- Property size (Sq ft)
- 5,016 SF
- Property type
- Commercial real estate
- APN
- 23.050.0540
- APU
- 230500540
Description
This exceptional mixed-use property at 14 Main Street South in Hutchinson, Minnesota presents a unique investment opportunity. Boasting 7,656 square feet on a 1.45-acre lot, this well-maintained building offers a vibrant blend of commercial and residential space. The main level features a prime retail/restaurant space ideal for a variety of businesses. Large front windows provide excellent street visibility, attracting customers from the high-traffic Main Street location directly across from North Park. The restaurant area is fully equipped with two 12-foot kitchen hoods, a walk-in cooler and freezer, a pizza oven, and a service counter. Fixtures, furniture, and equipment are negotiable separately and include hoods, a pizza oven, tables, chairs, coolers, freezers, a dishwasher, stainless steel prep tables, and stainless steel shelving/racks. The lower level provides ample storage, a break area, utilities, an on-demand water heater and tank, and a beer cooler. Convenient rear access is available for both deliveries and apartment access. Upstairs, three one-bedroom apartments offer additional income potential. Public parking is readily available both in front of the building and in an adjacent lot. This property benefits from its high visibility in downtown Hutchinson, less than an hour west of the Twin Cities metro area, making it an attractive location for both businesses and residents. The sale price is $535,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $945,096
- Hospitality
- $865,703
- Educational
- $720,255
- Medical
- $745,025
- Retail
- $1,120,396
Location Insight
- City
- Hutchinson
- County
- Mcleod
- State
- Minnesota
- Latitude
- 44.8918
- Longitude
- -94.3697
- CBSA code
- 26780
- CBSA name
- HUTCHINSON, MN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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