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Investment Highlights

  • Flexible Church / Community Building With Immediate Reuse Potential Set up for worship, gathering, education, or nonprofit/community use
  • Affordable Entry Point for a Mission-Driven Buyer or Adaptive Reuse Project One of the cleaner low-cost acquisition opportunities available
  • Visible In-Town Location With On-Site Identity and Parking Easy-to-find small-town location with recognizable presence

Executive Summary

Historic church/assembly property with strong landmark presence in Waterville. Best suited for a congregation, nonprofit, community use, studio, counseling, arts, education, or other mission-driven adaptive reuse. Building size is preliminarily estimated at approximately 2,500 SF on an approximately 1.32 acre site. The property offers striking curb appeal, small-town identity value, sanctuary character, and stained-glass features that help tell the story. Sold as-is. Buyer to verify exact square footage, acreage, address, zoning, taxes, condition, and permitted uses. A practical offering for the right local or regional user, not a conventional commodity asset.

Attachments

Waterville Lot report County GIS
St_Andrews_Waterville_Rebuilt_BPO (1)
St_Andrews_Waterville_MLS_Remarks_and_Features (1)

Taxes & Operating Expenses (Actual - 2026)

Annual (CAD) Annual Per AC (CAD)
Taxes $14 -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026)

Taxes (CAD)
Annual $14
Annual Per AC -
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $14
Annual Per AC -

Property Facts

Price $217,369 CAD
Sale Type Owner User
Sale Conditions
Distress Sale
  • Lease Option
  • Deferred Maintenance
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Community Centre
  • Funeral Home
  • Hold For Development
  • Lodge or Meeting Hall
  • Loft or Creative Space
  • Planned Unit Development
  • Rehabilitation Centre
  • Single Family Development
  • Single Family Residence
Total Lot Size 1.32 AC
Zoning R2 - Zoned R-2 Medium Density. 1.32 AC site. Permitted: Church, Single-Family (8k SF min lot), Duplex (15k SF). Max 35’ HT. Ideal for 6-7 lot subdivision.

1 Lot Available

Lot

Price $217,369 CAD
Price Per AC $164,673.41 CAD
Lot Size 1.32 AC

See County Map attached, on this property is a 1880's built church and later additions. Building is sound and usable, or can be domoed for new construction. Priced at below market land value.

Description

Historic 1880's built church/assembly property with strong landmark presence in Waterville. Best suited for a congregation, nonprofit, community use, studio, counseling, arts, education, or other mission-driven adaptive reuse. Building size is preliminarily estimated at approximately 2,500 SF on an approximately 1.32 acre site. The property offers striking curb appeal, small-town identity value, sanctuary character, and stained-glass features that help tell the story. Sold as-is. Buyer to verify exact square footage, acreage, address, zoning, taxes, condition, and permitted uses. A practical offering for the right local or regional user, not a conventional commodity asset. Private / Broker Remarks • As-is sale; seller will consider ordinary due diligence but expects disciplined timing and realistic offers. • Exact legal address should be confirmed before live MLS entry. Public sources have shown both 208 W Lake St and 210 W Lake St. • Preliminary pricing guidance was developed from prior ECMN working analysis, not from a current formal appraisal. • Stained-glass value should not be assumed to be included beyond normal real-estate contribution unless separately documented. • Target buyer pool: local congregation, nonprofit, service organization, creative reuse buyer, mission-driven operator, or niche investor with local ties. • Seller of property is mission driven, we will consider a discounted price to a mission aligned development or use proposal. Bring your best ideas.

Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
  • Listing ID: 40264661

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 210 Lake St W, Waterville, MN 56096

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