312 Center Street E, Hammond, MN 55991 (MLS# 7087921)

312 Center Street E, Hammond, MN 55991

$225,000
Property Type: Commercial Lot Size (sq. ft.): 871 Status: Active
Current Price: $225,000 List Date: 6/11/2026 Last Modified: 9/14/2026

Overview

Description

Incredible turnkey investment opportunity in the picturesque Zumbro River Valley! This unique, well-maintained mixed-use building offers four distinct revenue streams. The upper level features two updated residential apartments: one occupied by an excellent long-term tenant and the second operating as a successful short-term vacation rental. The main level offers accessible commercial storefronts, including a complete commercial kitchen/cafe space and a separate office/bar setup. The building features recent mechanical, cosmetic, and utility updates throughout with separate meters in place. A massive double side lot with a built-in stage adds incredible expansion or event-hosting potential to capture heavy seasonal traffic from river recreationists, cyclists, and tourists.

Listing Details MLS# 7087921

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Waterfront YN
No
Year Built
1910
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2200
For Sale or Lease
For Sale
Acres
0.02
Lot Dimensions
0.02
Assessment Pending
Unknown

Property Features

Accessible: Partially Wheelchair CMU Style: Apartments and Retail Construction Status: Previously Owned Current Use: Residential; Retail Exterior: Brick/Stone; Wood Foundation: Stone Fuel: Propane Heating: Forced Air Location Description: Downtown Miscellaneous Information: Building Sign; Display Window On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

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

Location Tax and Other Information

House Number
312
Street Name
Center
Street Suffix
Street
Street Direction Suffix
E
Postal City
Hammond
County
Wabasha
State
MN
Zip Code
55991
Complex/Dev/Subdivision
East Hammond

Assessments

Tax With Assessments
1632

Building Information

Building Finished SqFt
4400

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
13
Section#
27
Township#
109

Sale Options

Sale Includes
Building

Unit Details

Total Units
4
IDX
Listing Office: Realty Growth Inc.
Last Updated: September - 14 - 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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