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314 5Th St Willmar, MN 56201

Sponsored
For Sale
$379,000

Prime Willmar location, income-producing property.

Property size:
18,000 SF

Description

Added:
Feb 3, 2025
Days on Market:
341
This exceptional mixed-use property at 314 5th Street SW in Willmar, Minnesota, presents a unique investment opportunity. The 18,000 square foot building, constructed in 1984 using all-concrete, tip-up construction, sits on a 0.17-acre lot. The structure boasts a new roof (installed in 2005) and a new gas boiler (2020). The city hot water system has been removed. A screened-in porch adds to the building's appeal. A three-car garage with floor drains provides ample parking and storage. The property comprises two parcels. The main building features two apartments. The larger apartment offers 2,500 square feet of living space, including five oversized bedrooms with walk-in closets, an expansive kitchen with formal and informal dining areas, and an open concept design. Two bathrooms, one en-suite with a walk-in shower and oversized 6x6 closets, complete this spacious unit. The second apartment is a one-bedroom unit with a bathroom, kitchen, and living room. This versatile commercial space offers significant potential for business expansion or a new venture. The combination of commercial space and income-generating apartments provides a strong return on investment. The substantial storage space further enhances the property's value. Priced at $379,000, this property is ready for its next chapter.

Property Features for 314 5Th St

General Information

Property type
Mixed-use properties
Square Feet
18,000 SF
Lot Size
7,405 SF

Building Details

Year Built
1984

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Willmar
County
Kandiyohi
State
Minnesota
Longitude
-95.0498
Latitude
45.12066

FAQs

What type of property is this?
Mixed-use property - Prime Willmar location, income-producing property.
Where is this mixed-use property located?
The property is located at 314 5Th St Willmar, MN.
What is the asking price?
The asking price for this property is $379,000.
More about this property
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