130 1st N St Waterville, MN 56096-1437
- Investment properties
- 972 SF
- 0.02 lot acres
Current Use by Public Records
- Investment properties
Property Details for 130 1st N St
- Year built
- 1900
- Construction
- WOOD
- Lot size
- 0.02 lot acres
- Property size
- 972 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 24.510.0180
- APU
- 245100180
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterville
- County
- Le Sueur
- State
- Minnesota
- Longitude
- -93.569
- Latitude
- 44.2197
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA