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116 W Jessie St 3,400 SF Retail Building Rushford, MN 55971 $465,531 CAD ($136.92 CAD/SF)
Executive Summary
Rare mixed-use investment opportunity in the heart of downtown Rushford! Fully renovated in 2013, including major updates to the plumbing, electrical, bathrooms, and utilities, this well-maintained property offers exceptional versatility and income potential. The main level features a vacant commercial space that was most recently operated as a coffee shop and café, complete with a commercial kitchen, original pressed-tin ceilings, beautiful hardwood floors, and sidewalk café seating, making it ready for your next business venture or tenant.
The property also includes three residential units: a one-bedroom, one-bath unit, a two-bedroom, one-bath unit, and a three-bedroom, one-bath unit, providing immediate rental income from three occupied residential units while you lease or occupy the commercial space. Whether you're an investor or an entrepreneur, this is a rare opportunity to own a character-filled, income-producing property in the heart of downtown Rushford.
The property also includes three residential units: a one-bedroom, one-bath unit, a two-bedroom, one-bath unit, and a three-bedroom, one-bath unit, providing immediate rental income from three occupied residential units while you lease or occupy the commercial space. Whether you're an investor or an entrepreneur, this is a rare opportunity to own a character-filled, income-producing property in the heart of downtown Rushford.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,400 SF
Building Class
C
Year Built/Renovated
1883/2013
Price
$465,531 CAD
Price Per SF
$136.92 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.32 AC
Zoning
Commercial & Residential - Commercial Land and building/ Residential
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 06.0262.000 | Improvements Assessment | $113,548 CAD |
| Land Assessment | $19,815 CAD | Total Assessment | $133,363 CAD |
Property Taxes
Parcel Number
06.0262.000
Land Assessment
$19,815 CAD
Improvements Assessment
$113,548 CAD
Total Assessment
$133,363 CAD
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Presented by
Mosaic Real Estate LLC
116 W Jessie St
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