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For Sale:  Jordan MLS# 7049421

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Active NEW!
$575,000
/mo Edit
Commercial:  2 Stories
2 br • 2 ba • Built 1870
0.07 acres
Jordan schools
MLS# 7049421
763-576-8286
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    Property Description

    Beautifully Renovated historic mixed-use building on Water Street in downtown Jordan featuring commercial space and an on-site apartment. Classic character, modern improvements, and a prime walkable location make this a standout opportunity for owner-users or investors. Ideal for office, retail, or service-oriented use. On-site apartment provides flexibility or rental income. Current occupant is interested in remaining. Prominent downtown location with strong visibility. A unique opportunity to own a renovated piece of Jordan's history. Agent to verify all information.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $575,000
    Property Type: Commercial
    City: Jordan
    Garage Spaces: 1
    County: Scott
    Year Built: 1870
    State: MN
    Property Style: 2 Stories
    Zip Code: 55352
    Subdivision Name: City Of Jordan

    Interior

    Bedrooms: 2
    Bathrooms: 2
    Ceiling Height: 11-15
    Flooring: Tile, Wood
    Refrigerators: One
    Appliances Included:
    • Cooktop
    • Dishwasher
    • Disposal
    • Double Oven
    • Dryer
    • Electric Water Heater
    • Exhaust Fan
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Tankless Water Heater
    • Trash Compactor
    • Washer
    • Water Filtration System
    • Water Osmosis System
    • Water Softener Owned
    Basement Details:
    • Concrete
    • Full
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Size: 263 ft2
    Air Conditioning: Central Air, Window Unit(s)
    Foundation Size: 1,681 ft2
    Fencing: Other
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Forced Air
    • Radiator
    Parking Features:
    • Attached Garage
    • Concrete
    • Finished Garage
    • Parking Lot
    • Paved Lot
    Unit Amenities:
    • Ceiling Fan(s)
    • City View
    • Deck
    • Hardwood Floors
    • Kitchen Center Island
    • Kitchen Window
    • Primary Bedroom Walk-In Closet
    • Vaulted Ceiling(s)
    • Walk-In Closet
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Brick
    • Steel Siding
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber
    • Tar/Gravel

    Lot & Land

    Acres: 0.07
    Geolocation: 44.665559, -93.626506
    Inclusions: Building, Land
    Lot Dimensions: 0
    Zoning: Residential-Multi-Family

    Farm

    Topography: Level

    Schools

    School District: 717
    District Phone: 9524926200

    Expenses

    Annual Electric Expense: $3,692
    Annual Fuel Expense: $1,687
    Annual Insurance Expense: $5,500
    Annual Trash Expense: $174
    Annual Water/Sewer Expense: $1,311
    Tenant Expenses: Security, Snow Removal

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $8,162
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,162

    Income

    Annual Gross Income: $34,500

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Commercial
    • Professional/Office
    • Retail
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.