Technical
Financial
Distress signals
Property profile

130 1st N St Waterville, MN 56096

OFF-MARKET
Investment properties
Property ID
US46-1993655
972 SF 0.02 ac lot Built 1900
Individually Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This unique Waterville, MN property presents a rare chance to combine residential and commercial ownership. Located at 130 1st Street N, this offering encompasses a 300 square foot retail building situated on a 0.24-acre lot, ideally suited for a variety of businesses. The attached oversized one-car garage provides ample storage space. The previous owner successfully operated an antique/hobby store from this location for many years, demonstrating its viability. The property also includes a three-bedroom, two-bathroom home, offering comfortable living quarters. Enjoy the convenience of living above your business, or utilize the home as a rental property to generate additional income. The property's prime location offers the added benefit of lake access, just steps away. Recent improvements include a new water heater installed in the home in November 2024, ensuring peace of mind for the new owner. This is an exceptional opportunity for an entrepreneur seeking a turnkey solution to combine their business and residential needs in a desirable lakeside setting. The asking price is $149,900. Don't miss this chance to own a piece of Waterville's vibrant community.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction WOOD
Total area 972 SF
Lot 0.02 ac (1,000 SF)
APN 24.510.0180
UPID US46-1993655

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

130 1st N St Waterville, MN 56096-1437
Waterville metro Census 950400 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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