228 Lewis AVE S, Watertown, MN 55388 - MLS#6779047

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$449,000

Est. payment - /mo

5,227 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Mill Reserve Add

MLS Listing ID 6779047

Year Built 1910

Annual Tax Amount $5,832

Tax Year 2025

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Retail

Property Description

Prime downtown commercial opportunity! Exceptional investment opportunity in a well-built building featuring durable spancrete main-level floor system. Currently occupied by a long-term tenant w/a lease secured through October 2028. Must be honored with purchase. Buyers benefit from immediate stable income w/the flexibility to extend the current lease or explore new business opportunities upon expiration. High visibility corner location, maximum exposure and steady traffic. Versatility with the potential to be divided into multiple units. Making it ideal for retail, office, or mixed-use operation.

Location

State MN

County Carver

Zoning Business/Commercial,Industrial

Rooms

Basement Full, Concrete, Partially Finished

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building, Leases

Fireplace No

Appliance Electric Water Heater

Exterior

Parking Features On-Street Parking Only

Garage Spaces 1.0

Utilities Available Electric Common, Heating Separate, Hot Water Common

Roof Type Age 8 Years or Less,Asphalt

Present Use Retail

Building

Lot Description Corner Lot

Story One

Foundation 4000

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Block,Other

Schools

School District Watertown-Mayer

Others

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Listed by Kevin Butcher • Edina Realty, Inc.

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