1234 N Greeley Avenue
Glencoe, MN 55336

  • 0.675acres
Est. P&I payment: $381.55/mo
1234 N Greeley Avenue, Glencoe, MN 55336
  • 1234 N Greeley Avenue, Glencoe, MN 55336 Photo 1
  • 1234 N Greeley Avenue, Glencoe, MN 55336 Photo 2
Description for 1234 N Greeley Avenue, Glencoe, MN 55336
3 unit business location on corner lot center of Glencoe. Not been offered for sale since 1979 so consider this a once in a lifetime opportunity. Open your business in this great location or cash flow with the current tenants.
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My Notes for MLS #4863534

General Features

  • Acres: 0.675
  • Current Use: Beauty/Barber Shop,​Business Service
  • Foreclosure Status: No
  • Year Built: 1912
  • Sale Includes: Building,​Land
  • Total Number of Units: 3
  • Status: Active

Exterior Features

  • Exterior: Stucco
  • Parking Characteristics: On-Street Parking Only
  • Road Frontage: City,​State
  • Lot Description: Zero Lot Line
  • Lot Dimensions: 89x33

Interior Features

  • Building Finished Square: 2,879
  • Handicap Accessible: None
  • Basement: Full,​Concrete Block,​Stone
  • Roof: Pitched,​Tar/Gravel,​Age Over 8 Years,​Rubber
  • Number of Units 1: 1
  • Number of Units 2: 1
  • Number of Units 3: 1

Utilities Features

  • Appliances: None
  • Air Conditioning: Central
  • Heating: Forced Air
  • Fuel: Natural Gas
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected

Financial Features

  • Annual Repair Expense: 1,500
  • Annual Gross Expense: 6,150
  • Total Annual Expenses: 6,150
  • Tenant Expenses: Water/Sewer,​Electric,​Fuel,​Janitorial,​Trash,​Snow,​Lawn,​Cable T.V.
  • Total Annual Income: 18,000
  • Unit 1 Monthly Rent: 650
  • Annual Rent 1: 7,800
  • Unit 2 Monthly Rent: 300
  • Annual Rent 2: 3,600
  • Unit 3 Monthly Rent: 550
  • Annual Rent 3: 6,600
  • Total Monthly Income: 1,500
  • Annual Net Income: 11,535
  • Tax Amount: 2,821
  • Tax With Assessments: 2,850
  • Tax Year: 2017
  • Annual Gross Income: 18,000

Community Features

  • County: Mcleod
  • Municipality: Glencoe
  • Postal City: Glencoe (MN)

School Features

  • School District: 2859 - Glencoe-Silver Lake
  • School District Phone: 320-864-2498

Misc Features

  • Foundation Size: 2,879
  • Zoning: Business/Commercial
  • Lender Owned: No
  • Potential Short Sale: No


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Directions to 1234 N Greeley Avenue, Glencoe, MN 55336
Center of Glencoe at the corner of Greeley and Hwy 22
The listing information for 1234 N Greeley Avenue, Glencoe, MN 55336 was graciously provided by our friends at the listing brokerage, RE/MAX Results

Get Financing for 1234 N Greeley Avenue, Glencoe, MN 55336

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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P&I Payment $381.55
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Last Updated 03/18/2018 at 6:15am
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