640 Adams St Hutchinson, MN 55350

Property Details for 640 Adams St

Year built

1900

Property size

6,982 SF

Property type

Commercial real estate

APN

23.140.0020

APU

231400020

Description

This exceptional 7,521 square foot commercial property in Hutchinson, Minnesota, presents a unique investment opportunity. The main office building boasts 7,500 square feet of beautifully improved space, ideal for a variety of professional uses, including medical practices or corporate offices. The interior features seven individual offices, a spacious conference room, and a welcoming reception area. A significant advantage is the existing rental income generated by an attached office suite, complete with five offices, a reception area, and a bathroom. Further income potential exists with a 1,500 square foot attached garage, offering versatile space. This garage includes insulated and heated areas, a 12-foot overhead door, ample storage, and an additional 1,100 square foot office with its own bathroom. The property sits on a 0.28-acre lot at 640 Adams Street SE. This turnkey operation offers immediate income and significant growth potential. A compelling bonus is the inclusion of a three-unit, 46x80 foot garage/workshop, featuring both heated and cold storage areas. This expansive garage/workshop is only available for purchase with the main commercial building and is not sold separately. The asking price for this exceptional property is $685,000.

Location Insight

City

Hutchinson

County

Mcleod

State

Minnesota

Longitude

-94.3652

Latitude

44.8839

CBSA code

26780

CBSA name

HUTCHINSON, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments