Excellent investment or redevelopment opportunity in the heart of Uptown Hamel. This two-story mixed-use building, built in 1936, is positioned on a 0.33-acre corner lot at Hamel Road and Sioux Drive, offering strong visibility and access within Medina’s Uptown Hamel District. The Commercial property next door is also for sale to create a bigger potential development.
The main level currently features two commercial retail units, both occupied by local businesses, while the upper level includes two apartment units providing additional rental income. The structure shows its age and would benefit from updates and repair, but offers solid bones and versatile zoning (UH – Uptown Hamel District) that supports a wide range of commercial and residential uses.
With its classic small-town character, prominent corner location, and mixed-use potential, this property presents a value-add opportunity for an investor, owner-occupant, or developer looking to be part of Hamel’s ongoing revitalization.
Active
$595,000
122 Hamel Rd, Hamel, MN 55340
2beds
4baths
4,000sqft
Est.:
Other
Built in 1936
-- sqft lot
$583,500 Zestimate®
$149/sqft
$-- HOA
What's special
Prominent corner locationStrong visibilityTwo apartment unitsCorner lotTwo commercial retail units
- 8 days |
- 432 |
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