C-5 Commercial
For Sale
$150,000
197 3rd Ave NW, Hutchinson, MN 55350
Corner-site commercial land with an existing small house, basement, and detached garage.
Property Size800 SF
Price / SF$187.50
Days on Market41
Property Features for 197 3rd Ave NW
General Information
Standard status
Active
Size
800 SF
Building Details
Year Built
1930
Listing Agency:
Hutchinson Properties
(320) 296-9485
Listed By:
John J Dietel
Source:
Chrisfritchteam
Added: Jul 20
Changed: Aug 28
Last Checked: Aug 25 at 4:18AM
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 Hutchinson Properties
Investment Insights
Based on property information with market context.
This C-5 commercial land parcel occupies a .2-acre corner lot and includes a very small house with a full-block basement. A detached single-car garage with a dirt floor is also present. The existing improvements were built in 1930.
The property sits one block from a long-established, busy Subway location along MN State Highway 7, where 2019 MN DOT data recorded 12,300 vehicles per day. The MN State Luce Line paved multi-use trail lies within walking and biking distance south along the Crow River. Riverside ball field and Gopher Campfire Wildlife Sanctuary are nearby, with access from 3rd Avenue.
The property sits one block from a long-established, busy Subway location along MN State Highway 7, where 2019 MN DOT data recorded 12,300 vehicles per day. The MN State Luce Line paved multi-use trail lies within walking and biking distance south along the Crow River. Riverside ball field and Gopher Campfire Wildlife Sanctuary are nearby, with access from 3rd Avenue.
Key Highlights
- C‑5 zoning on a .2‑acre corner lot
- 2019 MN DOT traffic count: 12,300 vehicles/day on MN Highway 7
- Existing 800 property size with a very small house and full‑block basement
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
607
Businesses Nearby
Explore this area
Business Placement
Demographics for 55350, MN
18,669
Population
8,276
Households
2.3
Avg Household Size
42
Median Age
26%
College-Educated
96%
High-School Grad
159.9 sq mi
ZIP Area
117
Density / Sq Mi
$78,663
Median Household Income
$46,775
Median Earnings
$934
Median Rent
$238,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner-site commercial land with an existing small house, basement, and detached garage.
Where is this commercial land located?
The property is located at 197 3rd Ave NW Hutchinson, MN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: C‑5 zoning on a .2‑acre corner lot; 2019 MN DOT traffic count: 12,300 vehicles/day on MN Highway 7; Existing 800 property size with a very small house and full‑block basement
