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Melissa Clawson Broker

mnstatebroker@callitclosed.com +1(651) 895-0217

$ 1,200,000

Est. payment -/mo

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Pending

279 N Medina ST Loretto, MN 55357

1.73 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Subdivision Hillview West Add

MLS Listing ID 6767466

Year Built 1980

Annual Tax Amount $34,744

Tax Year 2025

Contingent None

Lot Size 1.730 Acres

Acres 1.73

Lot Dimensions 264x292

Property Description

Great opportunity for an owner-occupant or an investor. 82% leased and located in downtown Loretto, near shopping and restaurants.

This property offers solid income with no delinquencies, is easy to manage, and still has room to grow. Current tenants include long-term occupants such as the City of Loretto and the Loretto Fire Department.
Highlights:
82% leased with reliable, tenants
Prime downtown location near amenities
Flexible warehouse and office space
Easy to manage with growth potential
Brand new HVAC units in 2025

Location

State MN

County Hennepin

Zoning Business/Commercial

Rooms

Family Room Other

Basement Full

Interior

Heating Forced Air

Cooling Central Air, Zoned

Inclusions Building, Land

Fireplace No

Exterior

Parking Features Paved Lot

Pool None

Utilities Available Electric Separate, Heating Separate

Roof Type Flat

Present Use Professional/Office,Professional Service,Warehouse

Building

Lot Description Tree Coverage - Light

Foundation 10212

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Concrete,Steel Siding

New Construction false

Schools

School District Delano

Listed by Michelle Twardy • Bullseye Properties & Realty