Wonderful business opportunity right in the heart of Gilbert, MN. Set up the business of your dreams, or rent out the apartment above! There is so much to desire with this location. The apartment is very newly renovated and the storefront used to be a bakery and has a ton of character and charm. There living space above is fully renovated with new roof, new windows on the east side, new ceilings made of pine and tamarack, fresh paint, possible 3rd bedroom in the upper loft area, and so much more! Don't miss out on this business opportunity and move in ready apartment. This is Zoned for Commercial use as well.
Closed
$125,000
115 S Broadway Ave, Gilbert, MN 55741
2beds
2,484sqft
Single Family Residence
Built in 1910
0.06 Square Feet Lot
$152,400 Zestimate®
$50/sqft
$1,786 Estimated rent
Home value
$152,400
$134,000 - $172,000
$1,786/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2024 at 09:59am
Listed by:
Michael D. Jorgensen 218-428-8808,
Edina Realty, Inc. - Duluth
Bought with:
Ona Rawson
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6421791
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom 1
- Level: Upper
- Area: 114 Square Feet
- Dimensions: 9.5x12
Bedroom 2
- Level: Upper
- Area: 110.5 Square Feet
- Dimensions: 8.5x13
Dining room
- Level: Upper
- Area: 112.5 Square Feet
- Dimensions: 9x12.5
Kitchen
- Level: Upper
- Area: 252 Square Feet
- Dimensions: 12x21
Living room
- Level: Upper
- Area: 238 Square Feet
- Dimensions: 14x17
Loft
- Level: Upper
- Area: 320.25 Square Feet
- Dimensions: 10.5x30.5
Heating
- Boiler
Cooling
- Window Unit(s)
Features
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,484
- Total interior livable area: 2,484 sqft
- Finished area above ground: 1,242
- Finished area below ground: 1,242
Property
Parking
- Total spaces: 1
- Parking features: Attached, Off Site, More Parking Onsite for Fee
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Deck
- Pool features: None
- Fencing: None
Lot
- Size: 0.06 sqft
- Dimensions: 25 x 110
Details
- Foundation area: 1242
- Parcel number: 060002001760
- Zoning description: Business/Commercial,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Siding
- Roof: Age 8 Years or Less
Condition
- Age of Property: 114
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Gilbert
- Subdivision: Gilbert 1st Add To The Townsite
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2024 | Sold | $125,000-10.7%$50/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6421791 | ||
| 3/18/2024 | Price change | $140,000+12%$56/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6421791 | ||
| 3/18/2024 | Price change | $125,000-10.7%$50/sqft |
Source: Range AOR #145635 | ||
| 3/12/2024 | Pending sale | $140,000+12%$56/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6421791 | ||
| 1/16/2024 | Price change | $125,000-10.7%$50/sqft |
Source: Range AOR #145635 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $690 -7.8% | $162,600 +24.4% |
| 2023 | $748 -6.3% | $130,700 |
| 2022 | $798 -11.5% | $130,700 +5.2% |
Find assessor info on the county website
Neighborhood: 55741
Nearby schools
GreatSchools rating
- NANelle Shean ElementaryGrades: PK,5-6Distance: 0.2 mi
- NAEveleth-Gilbert Junior HighGrades: 7-8Distance: 0.2 mi
- NAEveleth Gilbert Hope ProgramGrades: 9-12Distance: 3.4 mi
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