141 S Broadway Street, Spring Valley, MN 55975 (MLS# 7038602)

141 S Broadway Street, Spring Valley, MN 55975

$99,900
Property Type: Commercial Bedrooms: 2 Baths: 2 Lot Size (sq. ft.): 2,178 Status: Active
Current Price: $99,900 List Date: 3/18/2026 Last Modified: 6/26/2026

Overview

Description

Great downtown investment opportunity. Wheelchair accessible commercial space on main floor. the second floor has a 2-bedroom apartment with full bath.

Listing Details MLS# 7038602

General Property Information

Lot Measurement
Acres
Management Company Name
Building for Investments LLC
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1880
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2178
Management Company Phone
507-932-5852
For Sale or Lease
For Sale
Acres
0.05
Lot Dimensions
22x99
Assessment Pending
No

Property Features

Accessible: Doors 36"+; Fully Wheelchair; Hallways 42"+; Partially Wheelchair Air Conditioning: Central Air; Window Unit(s) Amenities Unit: Ceiling Fan(s); Hardwood Floors; Kitchen Window; Natural Woodwork; Walk-In Closet; Washer/Dryer Hookup Appliances: Dryer; Range; Refrigerator; Washer Basement: Concrete Block; Owner Access; Partial; Unfinished CMU Style: Mixed Use Construction Materials: Block; Brick Construction Status: Previously Owned Current Use: Business Service Exterior: Brick/Stone Fencing: None Flooring: Carpet; Wood Foundation: Brick/Mortar; Concrete Block; Concrete Perimeter Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Loan Terms: Cash; Conventional; VA Location Description: Downtown Lock Box Type: None Miscellaneous Information: 2+ Lavatories; 220 Volt; 440 Volt; Display Window; Furnished Units; Single Phase On Site Utilities: Electric Common; Heating Common; Hot Water Common Owner Pays: Electricity; Exterior Maintenance; Fuel; Gas; Heat; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Repairs; Snow Removal; Taxes; Trash Collection; Water Potential Use: Income; Office; Other; Professional; Retail; Shop Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt-Rolled; Rubber Sewer: City Sewer/Connected Stories: Two Tenant Pays: Broadband; Cable TV; Telephone Wall Description: Concrete/Block; Drywall; Finished; Insulated; Plaster Water: City Water/Connected Window Features: Aluminum Frames; Display Window(s); Double Pane Windows

Contract Information

Contingency
None
ListPrice
99900
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
141
Street Direction Prefix
S
Street Name
Broadway
Street Suffix
Street
Postal City
Spring Valley
County
Fillmore
State
MN
Zip Code
55975
Complex/Dev/Subdivision
Spring Valley Original

Assessments

Tax With Assessments
1518

Basement

Foundation Dimensions
22x99

More Information

Building Information

Building Finished SqFt
4256
Ceiling Height
Varied Heights

Income and Expenses

Annual Caretaker Expense
300
Annual Electric Expense
1656
Annual Fuel Expense
1236
Annual Gross Expenses
16048
Annual Gross Income
18900
Annual Insurance Expense
5800
Annual Maintenance Expense
2400
Annual Net Income
2852
Annual Repair Expense
2400
Annual Trash Expense
600
Annual Water/Sewer Expense
1656
Total Annual Expenses
16048

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
675
Half Baths
Yes
Total Bathrooms
Yes
Total Rooms
4
Level
Main Level
Unit Total SqFt
2178
Leased?
Yes
Lease Expiration Date
2026-04-30

Unit 2

No. of 2 Bedroom Units
Yes
Full Baths
Yes
Lease Expiration Date
2026-04-30
Leased?
Yes
Level
2nd Level
Monthly Rent
900
Total Bathrooms
Yes
Total Bedrooms
2
Total Rooms
7
Unit Number
Yes
Unit Total SqFt
2178

Unit Details

Total Units
2
IDX
Listing Office: Coldwell Banker River Valley,
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.