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Active NEW!
$330,000
/mo Edit
Commercial:  2 Stories
6 br • 4 ba • Built 1890
0.158 acres
Rushford-Peterson schools
MLS# 7109731
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    Property Description

    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.

    Listing

    Contingency: None
    City: Rushford
    County: Fillmore
    State: MN
    Property Style: 2 Stories
    Zip Code: 55971
    Subdivision Name: Stevens Add

    Interior

    Ceiling Height: 8-10
    Flooring: Tile

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 2,200 ft2
    Handicap Accessible: Fully Wheelchair
    Heating System: Forced Air
    Parking Features: Parking Lot
    Road Frontage: City Street
    Roof Details: Metal

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.158
    Geolocation: 43.807921, -91.753976
    Inclusions: Building, Leases
    Lot Dimensions: 75 x 70
    Zoning:
    • Business/Commercial
    • Residential-Single Family

    Schools

    School District: 239
    District Phone: 5078647785

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,364
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,364

    Units

    Total Units: 4

    Miscellaneous

    Current Use: Food Service
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    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 Mosaic Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.