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Active NEW!
$799,900
/mo Edit
Commercial:  Other
Built 1900
2.711 acres
Glencoe-Silver Lake schools
MLS# 7073459
My rating:
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    Property Description

    Excellent investment opportunity in the heart of downtown Glencoe! This highly visible corner-lot property features a versatile multi-tenant building with excellent income potential. The property includes a restaurant space, banquet/event room, office spaces, and an upper-level apartment. The sale includes the real estate, restaurant equipment, and the parking lot located directly behind the building. Buyers and agents to verify measurements.

    Listing

    Contingency: None
    City: Glencoe
    County: McLeod
    State: MN
    Property Style: Other
    Zip Code: 55336
    Subdivision Name: Town Of Franklin

    Exterior

    Garage Spaces: 0
    Foundation Size: 9,884 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Forced Air
    Parking Features:
    • Asphalt
    • More Parking Offsite for Fee
    • More Parking Onsite for Fee
    • Other

    Lot & Land

    Acres: 2.711
    Geolocation: 44.768766, -94.152768
    Inclusions: Building, Fixture/Equipment, Land
    Lot Dimensions: 132 x 89
    Zoning: Business/Commercial

    Schools

    School District: 2859
    District Phone: 3208642498

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $8,388
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $8,388

    Units

    Total Units: 5

    Miscellaneous

    Current Use:
    • Event Space
    • Office
    • Restaurant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RES Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.