For Sale: Olivia MLS# 6805385
Active
$150,000
Commercial: 2 Stories
Built 1940
0.11 acres
Bird Island-Olivia-Lake L schools
MLS# 6805385
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Property Description
Prime Commercial Space on US Highway 212, in the heart of Olivia, the bustling county seat of Renville County. This commercial building offers an unparalleled opportunity to transform potential into profit with its versatile 7-unit layout—featuring 4 retail, office, or mixed-use suites and 3 unfinished apartments awaiting your vision to bring them to life. Main Level Suites 1-3 are beautifully finished with high ceilings fresh updated look ready to be rented out immediately. They all 3 share a hallway and bathroom. Suite #1 & Suite #2 have beautiful display windows while Suite #3 features 2 separate office spaces and large communal area within the suite itself. Main Level Suite #4 is unfinished featuring high ceilings and open concept feel with a large back room and an area for its own bathroom in the suite and street access not shared with the others. There are so many possibilities for the use of this space! Upper Level includes 3 unfinished apartments with sellers plans for the potential layout included. The 3rd Apartment has an easement for that entrance with the neighboring building. New roof on the upper 2nd level portion in 2020 and the 1st story roof portion in 2025. Call today to schedule a private showing!n
Listing
Listing Status:
Active
Contingency:
None
List Price:
$150,000
Property Type:
Commercial
City:
Olivia
Garage Spaces:
0
County:
Renville
Year Built:
1940
State:
MN
Property Style:
2 Stories
Zip Code:
56277
Subdivision Name:
Original
Interior
Ranges:
None
Refrigerators:
None
Appliances Included:
None
Basement Details:
- Full
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
Central Air, Window Unit(s)
Foundation Size:
4,176 ft2
Foundation Dimensions:
48x87
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
On-Street Parking Only
Shared Amenities:
None
Road Frontage:
- Curbs
- Highway
- Paved Streets
- Sidewalks
- Street Lights
Exterior Material:
Brick/Stone
Roof Details:
- Age 8 Years or Less
- Flat
- Rubber
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.11
Geolocation:
44.776753, -94.990494
Inclusions:
Building, Land
Lot Dimensions:
48 x 100
Zoning:
- Business/Commercial
- Residential-Multi-Family
Schools
School District:
2534
District Phone:
320-523-1031
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,102
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,102
Units
Total Units:
7
Miscellaneous
Current Use:
- Commercial
- Office
- Retail
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- 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!
Listing provided by RMLS,
courtesy of Legacy Land & Home.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.