7874 365th Street Way, Cannon Falls, MN 55009

Prime Commercial Apartment & Car Sales site! One-level 11 unit complex conveniently located just minutes south of Cannon Falls off of Hwy 52 on a two acre wooded lot. Main house: 3 bedroom with laundry; 1 - Handicap accessable 2 bedroom with full kitchen and laundry; 4 - one bedroom kitchettes; 5 - single unit efficenties; onsite laundry mat and onsite storm shelter. Currently is licensed as a MN car sales lot for sale of used motor vehicles. Adjacent to a bar & grill. Property is zoned-commercial and has Hwy 52 road frontage. Commercial shared septic and no city sewer & water - private well passing MN specs for apartment building. Zoned A-2 Agricultural. Current owner has owned since 2012. Income potential of $7,500 per month. Improvements: Last 4 years: carpet & general remodeling Last 2 years: roof replaced, new gutters, landscaping, partial sidewalks and added laundry mat. $300,000.00 Contact owner directly at 651-210-9063 to discuss this property.