$150,000
510 5th Street
Jackson, MN 56143
MLS# 6493979
Status: Closed
2 beds  |  2 baths


510 5th Street, Jackson, MN 56143
  1 / 46  
510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143 510 5th Street, Jackson, MN 56143

Property Description
Commercial building with multiple potential uses. The main floor has large open rooms, a half bathroom, office space, and storage. This could easily be turned into a multitude of potential business uses. Whether for professional services, office spaces, retail; the opportunities are endless. The upstairs area has a 2 bedroom apartment and space for an additional apartment to be created. There is also an exterior rooftop patio area. There is a working cargo elevator that accesses the basement, main floor and the second floor. Basement area has multiple rooms including a large garage and storage space. This is a must see property for any investor looking for a multipurpose business and rental space. Note: Property shares a common wall with neighboring property.

Details
None
MLSID: RMLS
Contract Information
Digitally Altered Photos: No
Status: Closed
Off Market Date: 2024-04-04
Current Price: $150,000
Closed Date: 2024-04-23
Sales Close Price: 150000
Contingency: None
ListPrice: 149900
List Date: 2024-02-23
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: WCAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1961
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Bedrooms: 2
Baths Total: 2
Foundation Size: 3202
Garage Stalls: 4
For Sale or Lease: For Sale
Acres: 0.11
Lot Dimensions: 60x82
Assessment Pending: Unknown
Location, Tax and Other Information
Legal Description: ORIGINAL TOWN-JACKSON S 10.5' LOT 2 & ALL LOT 4; BLK 26
Listing City: Jackson
Map Page: 999
Municipality: Jackson
Rental License?: Yes
School District Phone: 507-847-3608
House Number: 510
Street Name: 5th
Street Suffix: Street
Postal City: Jackson
County: Jackson
State: MN
Zip Code: 56143
Zip Plus 4: 1185
Property ID Number: 232002000
Complex/Dev/Subdivision: Original Town-Jackson
Tax Year: 2023
Tax Amount: 1596
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Commercial building with multiple potential uses. The main floor has large open rooms, a half bathroom, office space, and storage. This could easily be turned into a multitude of potential business uses. Whether for professional services, office spaces, retail; the opportunities are endless. The upstairs area has a 2 bedroom apartment and space for an additional apartment to be created. There is also an exterior rooftop patio area. There is a working cargo elevator that accesses the basement, main floor and the second floor. Basement area has multiple rooms including a large garage and storage space. This is a must see property for any investor looking for a multipurpose business and rental space. Note: Property shares a common wall with neighboring property.
Directions: From Hwy 71, turn west on Sherman St. 2 Blocks, turn North on 5th St., building is on the right.
Assessments
Tax With Assessments: 1596
Basement
Foundation Dimensions: 52x64
Building Information
Building Finished SqFt: 5900
Building SqFt: 7422
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: WCAR
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 20x52
Garage Square Feet: 1040
Sale Options
Sale Includes: Building, Land
Unit 1
Unit Number: 1
Half Baths: 1
Total Bathrooms: 1
Total Rooms: 7
Level: Multi-Level
Unit Total SqFt: 4882
Leased?: No
Unit 2
No. of 2 Bedroom Units: 1
Full Baths: 1
Lease Expiration Date: 2024-03-31
Leased?: Yes
Level: 2nd Level
Monthly Rent: 500
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Number: 2
Unit Total SqFt: 1018
Unit Details
Total Units: 2
Unit Information
No. of Efficiency Units: 1
Property Features
Accessible: Accessible Elevator Installed; Hallways 42"+; Partially Wheelchair
CMU Style: Apartments and Retail; Mixed Use
Construction Status: Previously Owned
Current Use: Professional Service
Exterior: Brick/Stone
Financing Terms: Cash
Fuel: Natural Gas
Heating: Boiler
Lock Box Type: SentriLock
On Site Utilities: Heating Common; Hot Water Common
Parking Characteristics: Tuckunder Garage
Potential Use: Lounge/Bar; Office; Professional; Shop
Rental License Type: Standard
Road Frontage: City Street
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected

Listing Office: EXIT Realty - Great Plains

Last Updated: April - 24 - 2024

510 5th Street, Jackson, MN 56143 - MLS# 6493979
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.