716 Maple Street, Monticello, 55362

Commercial Sale - Mixed Use For Sale


MLS® #: 6089196
Active, 311 Days on Market

Email listing agent for PL. Partnership transfer based on title restrictions in place until 2029 - purchaser is purchasing equity in a partnership. Partnership can be substituted. Owners will convey property to a majority stakeholder or an option facilitated by an attorney for partnership transfer. Maximum potential can be reached in 2029 - Limited profit can only show $1,200 a year. 30 year depreciation has been reached - reflected in PL. Second mortgage not allowed. Ideal 1031 option. No garages. No dishwashers. No A/C units provided. Maintenance supplies are not capitalized for tax purposes - K1. Fee manager in place, can stay with the property if desired.

Essential Information

MLS® #: 6089196
Price: $3,785,600
Bathrooms: 0.00
Acres: 4.88
Year Built: 1975
Type: Commercial Sale
Sub-Type: Mixed Use
Style: Mixed Use
Status: Active

Community Information

Address: 716 Maple Street
City: Monticello
County: Wright
State: MN
Zip Code: 55362


Garages: Open, Asphalt, Driveway - Other Surface, Shared Driveway, Paved, Assigned, Unassigned


Heating: Baseboard, Hot Water


Construction: Brick/Stone, Other

School Information

District: Monticello

Additional Information

Days on Market: 311
Zoning: Residential-Multi-Family

Listing Details

Listing Office: Coldwell Banker Realty

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kris Lindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Lindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Lindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on June 26th, 2022 at 8:35am CDT.