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Mixed-Use Building with Apartments

104 W Main St, Cottonwood, MN 56229

For Sale
$249,900

Two-level property combines five apartments with flexible street-level commercial and storage areas.

Property Size13,833 SF
Price / SF$18.07
Days on Market50

Property Features for 104 W Main St

General Information

Standard status Active
Size 13,833 SF

Units

Unit Mix 2 x 1BR, 3 x 2BR
Multifamily Units 5

Building Details

Year Built 1902
Tenancy Multi
Listing Agency: RE/MAX Results
Listed By: Kerby & Cristina Real Estate Experts
Source: Tayloronken
Added: Sep 19 Changed: Oct 25 Last Checked: Oct 7 at 4:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results

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Investment Insights

Based on property information with market context.

Built in 1902, this mixed-use building includes five upper-level apartments: two one-bedroom units and three two-bedroom units. The street level is divided into multiple areas with separate entrances, including a 2,700-square-foot space prepared for build-out, a recently updated 1,540-square-foot space ready for occupancy, and a 680-square-foot storage or expansion area associated with the larger suite. Both primary commercial sections have dedicated full basements for additional storage or operational use.

Recent capital work includes a spray-foam roof with a protective poly coating, three coats of commercial paint, and fresh sealant. The property is located at 104 W Main St in Cottonwood, Minnesota, and contains 13,833 square feet overall.

Key Highlights

  • Five apartments: two 1‑bedroom units and three 2‑bedroom units
  • 2,700‑square‑foot street‑level space ready for build‑out
  • Recently updated 1,540‑square‑foot commercial space ready for occupancy

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store Butcher Dental Office Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

Demographics for 56229, MN

1,754
Population
799
Households
2.2
Avg Household Size
40
Median Age
27%
College-Educated
97%
High-School Grad
102.3 sq mi
ZIP Area
17
Density / Sq Mi
$99,821
Median Household Income
$48,750
Median Earnings
$904
Median Rent
$198,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines five apartments with flexible street-level commercial and storage areas.
Where is this mixed-use property located?
The property is located at 104 W Main St Cottonwood, MN.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Five apartments: two 1‑bedroom units and three 2‑bedroom units; 2,700‑square‑foot street‑level space ready for build‑out; Recently updated 1,540‑square‑foot commercial space ready for occupancy
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