104 W Main Street, Cottonwood, MN 56229 (MLS# 7140136)

104 W Main Street, Cottonwood, MN 56229

$249,900

Prime Corner Lot Commercial Building with Street-Level Frontage

Central Common Corridor with Classic Checkered Tile Flooring

Separate Electric Meters and Breaker Panels

Distinctive Arched Pass-Through Leading to Kitchen and Dining

Kitchen-to-Living Flow Highlighted by Architectural Archway

Ideal for Bedroom, Private Office, or Storage Nook

Full Bath Featuring Easy-Care Tub Surround and Wood Vanity

Versatile Walk-in Pantry or Linen Closet Offering Plentiful Built-in Storage

Versatile Layout Featuring Classic Wood Millwork and Deep Window Sill

Unit 4: Galley Kitchen with Built-in Wood Cabinetry and Natural Light

Unit 4: Powder Room with Ample Storage and Stone-Look Flooring

Unit 5: Closet Nook with Integrated Overhead Storage

Unit 5: Expansive Living Space with Carpeted Flooring and Ample Daylight

Unit 5: Expansive Main Room Offering Flexible Layout Options

Unit 5: Eat-in Kitchen Featuring Ample Counter Space and Cabinet Storage

Unit 5: Spacious Kitchen Layout with Laminate Wood Flooring

Unit 5: Carpeted Bedroom with Natural Light and Wood Trim Accents

Unit 5: Hallway Entry with Natural Daylight and Neutral Finishes

Unit 5: Full Bathroom Featuring Tub/Shower Combo with Sliding Glass Doors

Large Open Floor Plan with Street Access and Modern Ceiling Fixtures

Modern Shaker Vanity with Safety Grab Bars

Vestibule / Air-Lock Entrance with Direct Street & Parking Access

Expansive Raw Space Ready for Custom Buildout

Storage / Workshop: Spacious Multi-Bay Area with Built-in Shelving & Suspended Heater

Well-Maintained Hallway Providing Access to Upper Suites

Prime Corner Commercial Building with Dedicated Side Parking

Overview of Commercial Building, Roofline, and Large Parking Lot

Building Footprint in the Context of Downtown & Neighboring Businesses

High-Visibility Corner Property Situated in a Picturesque Lakeside Community

Prominent Main Street Commercial Building Framed by City Landmark & Lake

Property Type: Commercial Square Footage: 13,833 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $249,900 List Date: 9/17/2026 Last Modified: 10/01/2026

Overview

Description

Prime Main Street investment opportunity offering exceptional multi-stream income and significant commercial upside. The upper level features five residential apartments, including two 1-bedroom units and three 2-bedroom units, delivering steady, in-place cash flow. The street level offers remarkable versatility across multiple distinct spaces with independent entrances, featuring a 2,700 sq. ft. space ready for build out, a 1,540 sq. ft. space that was recently updated and ready for move in, and an additional 680 sq. ft. storage or future expansion unit for the 2,700 sf space. Both main sections include dedicated full basements for expansive on-site storage or operational capacity. Key capital improvements include a durable spray-foam roof finished with a protective poly coating, three coats of commercial paint, and fresh sealant. With residential revenue already established and high-visibility commercial spaces ready to maximize returns, this versatile asset is a rare portfolio power ... (Read more)

Listing Details MLS# 7140136

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: No
Waterfront YN: No
Year Built: 1902
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Foundation Size: 4500
For Sale or Lease: For Sale
Acres: 0.16
Lot Dimensions: 50x135x50x135
Assessment Pending: Yes

Property Features

Accessible: None Air Conditioning: Window Unit(s) Assumable Loan: Not Assumable Basement: Full CMU Style: Apartments and Retail Construction Status: Previously Owned Current Use: Other Exterior: Brick/Stone; Steel Siding Foundation: Brick/Mortar Fuel: Electric Heating: Baseboard; Forced Air Loan Terms: Cash; Conventional; FHA; VA; Other Lock Box Type: Combo On Site Utilities: Electric Separate; Heating Separate Road Responsibility: Public Maintained Road Roof: Flat; Rubber Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 249900
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 104
Street Direction Prefix: W
Street Name: Main
Street Suffix: Street
Postal City: Cottonwood
County: Lyon
State: MN
Zip Code: 56229
Complex/Dev/Subdivision: Cottonwood

Assessments

Assessment Balance: 200
Tax With Assessments: 1532

Basement

Foundation Dimensions: 25x80,25x100

More Information

Building Information

Building Finished SqFt: 4500
Building SqFt: 13833

Income and Expenses

Annual Gross Income: 3575

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Other

Unit 1

No. of 1 Bedroom Units: 2

Unit 2

No. of 2 Bedroom Units: 3

Unit Details

Total Units: 5

Listing Office: RE/MAX Results

Last Updated: October - 01 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

104 W Main Street, Cottonwood, MN 56229 (MLS# 7140136)