106 N Main Street, Le Sueur, MN 56058 (MLS# 6686903)

106 N Main Street, Le Sueur, MN 56058

$339,900
Property Type: Commercial Bedrooms: 2 Baths: 2 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $339,900 List Date: 3/20/2025 Last Modified: 6/26/2026

Overview

Description

Turnkey investment opportunity, fully renovated, fully leased 2- unit property situated in the heart of Le Sueur. Opportunity for Live-Work Lifestyle, or income producing rental located in high-demand retail area, and busiest corner of town- with long term potential. This bold, Le Sueur Brick building sits in front of the Minnesota River. Charming, modern, yet kept the integrity of the historic character. Convenience and comfort: Parking and entrances in front of building, and private parking and entrances in the back. Main level-Retail, office space, currently leased through August 2028. Keyless entry. Step onto plank flooring, into a stylish interior with a fresh build-out, exposed and preserved brick, housing a large foyer/studio with 2 additional office spaces, a kitchenette and bathroom. Upper-level living is currently month to month lease. Enter into a brand-new renovated apartment. The sleek kitchen welcomes you in with a modern flair, black cabinets with grey and white accents ...

Listing Details MLS# 6686903

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
2
Owner Occupied
No
Waterfront YN
No
Year Built
1880
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1000
For Sale or Lease
For Sale
Acres
0.08
Lot Dimensions
25x150
Assessment Pending
No

Property Features

Accessible: Wheelchair Ramp Air Conditioning: Central Air Appliances: Microwave; Range; Refrigerator Basement: Full; Stone; Unfinished CMU Style: Attached Building; Office Construction Status: Previously Owned Current Use: Business Service; Office; Residential Exterior: Brick/Stone Foundation: Stone Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional Lock Box Type: Combo On Site Utilities: Electric Separate; Heating Separate Owner Pays: All Utilities Parking Characteristics: Other Rental License Type: Standard Roof: Flat Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
339900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
106
Street Direction Prefix
N
Street Name
Main
Street Suffix
Street
Postal City
Le Sueur
County
Le Sueur
State
MN
Zip Code
56058
Complex/Dev/Subdivision
Town Of Le Sueur

Assessments

Tax With Assessments
2428

Building Information

Building Finished SqFt
2000

More Information

Income and Expenses

Annual Electric Expense
3435.43
Annual Fuel Expense
876.53
Annual Gross Expenses
11172.99
Annual Gross Income
39360
Annual Insurance Expense
2753.63
Annual Net Income
28187.01

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes
Monthly Rent
1600
Half Baths
Yes
Total Bathrooms
Yes
Total Rooms
5
Level
Main Level
Unit Total SqFt
798
Leased?
Yes
Lease Expiration Date
2028-08-31

Unit 2

No. of 2 Bedroom Units
Yes
Full Baths
Yes
Lease Expiration Date
2026-08-31
Leased?
Yes
Level
2nd Level
Monthly Rent
1600
Total Bathrooms
Yes
Total Bedrooms
2
Total Rooms
4
Unit Number
106 1/2
Unit Total SqFt
798

Unit Details

Total Units
2
IDX
Listing Office: True Real Estate
Last Updated: June - 26 - 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.
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