Building Details

Stories 2

Tenancy Multi

Listing Agency: Realty Growth, Inc Show Phone

Listed By: Bucky Beeman Show Phone

Source: Moodyscre

Added: Jun 10 Changed: Aug 26 Last Checked: Sep 7 at 5:43AM

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Investment Insights

Based on property information with market context.

This mixed-use building combines main-level commercial storefronts with two updated residential apartments upstairs. The main level includes a complete commercial kitchen/cafe space and a separate office/bar setup, providing flexible layout options for food-and-beverage and service uses. The upper level features two distinct apartments, including one occupied by a long-term tenant and another operating as a short-term vacation rental.

The property has recent mechanical, cosmetic, and utility updates throughout, along with separate meters in place. It also sits on a large double-sided lot with a built-in stage, supporting additional on-site hosting or expansion opportunities tied to seasonal activity in the Zumbro River Valley.

Offered for sale as a turnkey investment, the building is presented with four distinct revenue streams across residential and commercial spaces.

Key Highlights

• Mixed‑use building with four distinct revenue streams: 2 apartments plus main‑level commercial storefronts
• Two updated residential apartments: one occupied by a long‑term tenant and one operating as a short‑term vacation rental
• Main level includes commercial storefront space with a complete commercial kitchen/cafe area

Property Analytics

Property Profile

Current Use

Hammond Public House Community Center The Basic Place Cafe & Coffee Shop

Suggested Use

Top Pick Cafe & Coffee Shop Bar & Pub

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

2

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

17

Businesses Nearby

Explore this area Business Placement

Demographics for 55991, MN

1,292

Population

641

Households

2

Avg Household Size

48

Median Age

22%

College-Educated

97%

High-School Grad

54.1 sq mi

ZIP Area

24

Density / Sq Mi

$86,875

Median Household Income

$45,809

Median Earnings

$882

Median Rent

$294,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Duplex - Turnkey mixed-use building with storefront space, a commercial kitchen/cafe, and two updated apartments with separate utilities.

Where is this duplex located?

The property is located at 312 Center St E Hammond, MN.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Mixed‑use building with four distinct revenue streams: 2 apartments plus main‑level commercial storefronts; Two updated residential apartments: one occupied by a long‑term tenant and one operating as a short‑term vacation rental; Main level includes commercial storefront space with a complete commercial kitchen/cafe area