215 N Meridian Street, Belle Plaine, MN 56011 (MLS# 7072357)

215 N Meridian Street, Belle Plaine, MN 56011

$225,000
Property Type: Commercial Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $225,000 List Date: 5/13/2026 Last Modified: 8/27/2026

Overview

Description

Located in the heart of Belle Plaine, this versitle mixed-use property offers multiple options for a buyer. The building features seven individual office suites along with one updated two-bedroom apartment, making it ideal for investors or owner-occupants alike. The residental apartment was extensively updated in 2021 with a new furnace and central A/C, updated flooring and carpet, and fresh paint throughout. The commercial portion of the property has also seen recent improvements, including freshly painted common areas along with new carpet and flooring, providing a clean and professional atmosphere for tenants and clients. Additional features include a large open basement area that offers excellent storage potential. Conveniently located with strong visibility and easy access, this property combines functionality, updates, and long-term investment appeal in a growing community.

Listing Details MLS# 7072357

General Property Information

Lot Measurement
Acres
Management Company Name
A.W. Properties LLC
Multiple PIDs?
No
Waterfront YN
No
Year Built
1920
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
7100
Management Company Phone
612-296-5632
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
0.2
Lot Dimensions
32x142
Assessment Pending
No

Property Features

Accessible: Doors 36"+; Grab Bars In Bathroom Air Conditioning: Central Air Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Basement: Storage Space CMU Style: Apartments and Retail; Business Opportunity; Office Commercial Kitchen Appliances: Refrigerator Construction Status: Previously Owned Current Use: Business Service; Commercial; Office; Residential; Retail Exterior: Brick/Stone; Stucco; Wood Flooring: Carpet; Vinyl/Linoleum Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Location Description: Downtown Miscellaneous Information: 2+ Lavatories; Display Window On Site Utilities: Electric Common Overhead Door Clearance: 0-9 Feet Owner Pays: Cable TV; Common Area Maintenance; Electricity; Gas; Insurance; Janitorial Service; Janitorial Service; Management; Repairs; Roof Maintenance; Taxes; Trash Collection; Water Pool Description: None Potential Use: Income; Office; Retail Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Flat; Rubber Sewer: City Sewer/Connected Tenant Pays: Electricity Wall Description: Drywall; Finished; Wood Water: City Water/Connected Window Features: Bay Window(s); Display Window(s)

Contract Information

Contingency
None
ListPrice
225000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
215
Street Direction Prefix
N
Street Name
Meridian
Street Suffix
Street
Postal City
Belle Plaine
County
Scott
State
MN
Zip Code
56011
Complex/Dev/Subdivision
City Of Belle Plaine

Assessments

Tax With Assessments
4540

Building Information

Building Finished SqFt
3370
Ceiling Height
8-10

More Information

Income and Expenses

Annual Gross Income
26565
Total Annual Expenses
19454

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building, Fixture/Equipment, Land, Leases, Rental License

Unit 2

No. of 2 Bedroom Units
Yes

Unit Details

Total Units
8
IDX
Listing Office: Chestnut Realty Inc
Last Updated: August - 27 - 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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