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113 5th St NW

0.98 Acres of Commercial Land Offered at $158,757 CAD in Mayer, MN 55360

Investment Highlights

  • Downtown Lot
  • Quick access to MN Highway 7
  • Three points of access
  • Near City Hall

Executive Summary

Commerical lot in downtown Mayer. Existing building is structurally sound but needs repairs or it could be removed. City is open to a wide variety of uses from retail, office, or possible multi-family. Contact City Administrator for more information. Buyer to assume all assessments.

Property Facts

Price $158,757 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Apartment Units
Total Lot Size 0.98 AC

1 Lot Available

Lot

Price $158,757 CAD
Price Per AC $161,997 CAD
Lot Size 0.98 AC

Commerical corner lot with three points of access.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50.0011101
Land Assessment
$59,667 CAD
Improvements Assessment
$18,761 CAD
Total Assessment
$78,428 CAD

zoning

Zoning Code Commercial (C-2: Central Business. City is open to a variety of uses including office, retail, and apartment buildings.)
Commercial (C-2: Central Business. City is open to a variety of uses including office, retail, and apartment buildings.)
  • Listing ID: 32567211

  • Date on Market: 2024-07-24

  • Last Updated:

  • Address: 113 5th St NW, Mayer, MN 55360

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