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Active NEW!
$1,795,000
/mo Edit
Multi-family:  Apartments
4 br • 3 ba • Built 1882
4,400 sqft • 0.037 acres
Stillwater schools
MLS# 7171232
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    Property Description

    Welcome to a truly exceptional opportunity in the heart of historic downtown Stillwater! This stunning property features a beautifully renovated retail space on the main level plus two impressive residential apartments above, all thoughtfully updated with modern finishes while maintaining the charm of downtown Stillwater. All three units are currently fully leased. The spacious three-bedroom unit is a standout, featuring large stained glass detailed windows with breathtaking views of the St. Croix River, historic downtown Stillwater, and the iconic Stillwater Lift Bridge. Step outside onto the expansive rooftop deck, the perfect place to relax, entertain, and take in the incredible views and vibrant downtown atmosphere. Adding even more value to this rare property is a garage stall, an uncommon and highly desirable feature in downtown Stillwater. The unbeatable location puts you just steps from local shopping, restaurants, bars, entertainment, and everything downtown has to offer, while ample street parking provides convenient options for guests and customers. With beautifully renovated spaces, strong rental appeal, river views, a private rooftop deck, and coveted downtown garage parking, this is a rare opportunity to own a piece of one of Stillwater's most desirable locations.

    Listing

    Contingency: None
    Price per sq ft: $408
    City: Stillwater
    County: Washington
    State: MN
    Property Style: Apartments
    Zip Code: 55082

    Interior

    Living Area: 4,400 ft2
    Basement Details:
    • Storage Space
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Size: 252 ft2
    Foundation Size: 1,596 ft2
    Handicap Accessible: None
    Heating System:
    • Ductless Mini-Split
    • Forced Air
    • Hot Water
    Parking Features: Attached Garage

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.037
    Geolocation: 45.0572270905, -92.8068142751
    Lot Dimensions: 84 x 19
    Zoning: Residential-Multi-Family

    Schools

    School District: 834
    District Phone: 6513518301

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $19,514
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: None

    Income

    Annual Gross Income: None
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.