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Active
$699,900
/mo Edit
Commercial:  1 Story
Built 1970
1.9 acres
Willmar schools
MLS# 7158918
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    Property Description

    "Renovated during COVID, this versatile Willmar, Minnesota, commercial property offers multiple income streams and strong upside. Includes a restaurant space with commercial kitchen and an existing liquor license, plus a recording studio. Additional unfinished space is ready for offices, short-term rental, or expansion. A large open area suits events or seasonal storage, with dedicated storage in the southwest corner. Tenants in place and open to staying. Financials available upon request."

    Listing

    Contingency: None
    City: Willmar
    County: Kandiyohi
    State: MN
    Property Style: 1 Story
    Zip Code: 56201
    Subdivision Name: Iverson Park

    Interior

    Ceiling Height: Varied Heights
    Flooring: Concrete Slab
    Refrigerators: Three
    Appliances Included:
    • Dishwasher
    • Disposal
    • Double Oven
    • Dryer
    • Exhaust Fan
    • Freezer
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    • Water Filtration System
    • Water Softener Owned
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 5
    Garage Dimensions: 60x40x30x40
    Garage Size: 3,600 ft2
    Garage Door Height: 10
    Air Conditioning: Central Air, Zoned
    Foundation Size: 7,560 ft2
    Handicap Accessible: Doors 36"+, Fully Wheelchair, Grab Bars In Bathroom, Hallways 42"+
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Gravel
    • Parking Lot
    Unit Amenities:
    • Local Area Network
    • Vaulted Ceiling(s)
    • Washer/Dryer Hookup
    • Wet Bar
    Road Frontage:
    • City Street
    • Curbs
    • Street Lights
    Exterior Material: Frame
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Metal

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 1.9
    Geolocation: 45.136643, -95.023555
    Inclusions: Building, Business Assets, Fixture/Equipment, Inventory, Land, Liquor License
    Lot Dimensions: Irregular
    Addl Parcels: 959110395, 953900380
    Zoning: Business/Commercial
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 347
    District Phone: 3202318500

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $12,500
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $12,499

    Units

    Total Units: 5

    Miscellaneous

    Current Use:
    • Commercial
    • Event Space
    • Office
    • Other
    • Restaurant
    • Storage Facility
    • Warehouse
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: City Water/Connected
    Power Company Name: Willmar Utilities

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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 Weichert REALTORS Tower Properties.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.