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Mixed-Use Property with 24 Units
For Sale
$1,750,000

105 Main St S, Stewartville, MN 55976

Two adjacent buildings combine multifamily residences, commercial suites, and updated electrical and common-area components.

Property SizeContact for details
Days on Market141

Property Features for 105 Main St S

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $22,812
Listing Agency: eXp Realty
Listed By: Mike Swenson
Source: Exprealty
Added: Apr 14 Changed: Aug 30 Last Checked: Aug 30 at 8:52PM

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 eXp Realty

Investment Insights

Based on property information with market context.

This mixed-use property includes two adjoining buildings with 24 multifamily units and two commercial spaces. The primary building contains 16 residential units alongside the commercial areas, while the neighboring building adds eight more residences. Electrical systems, numerous common areas, and more than half of the residential units have been updated. Additional residential units remain unimproved, offering a defined renovation component for a future owner.

The property sits at the junction of highways 63 and 30 within Stewartville’s downtown business district. Stewartville High School is located a few blocks away, and Rochester International Airport is approximately two miles from the site. The property is within the Rochester MSA, with regional access to Rochester and the Mayo Clinic employment market. Showings require 48 hours’ advance notice.

Key Highlights

  • Two adjacent buildings with 16 and 8 multifamily units
  • Two commercial spaces are included in the main building
  • Electrical, many common areas, and over half of residential units updated

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon HVAC Service Hair Salon Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby

Demographics for 55976, MN

8,338
Population
3,462
Households
2.4
Avg Household Size
37
Median Age
30%
College-Educated
96%
High-School Grad
91.0 sq mi
ZIP Area
92
Density / Sq Mi
$79,044
Median Household Income
$49,839
Median Earnings
$977
Median Rent
$277,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two adjacent buildings combine multifamily residences, commercial suites, and updated electrical and common-area components.
Where is this mixed-use property located?
The property is located at 105 Main St S Stewartville, MN.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Two adjacent buildings with 16 and 8 multifamily units; Two commercial spaces are included in the main building; Electrical, many common areas, and over half of residential units updated
More about this property
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