731 Main Street, Wabasso, MN 56293
$25,100
Property Type:
Commercial
Lot Size (sq. ft.):
15,246
Status:
Closed
Current Price:
$25,100
List Date:
7/09/2024
Last Modified:
9/11/2025
Overview
Description
...
(Read more)
TERMS: Successful bidder will be required to enter into an “AS IS”, non-contingent purchase agreement and pay $5,000 non-refundable earnest money down payment the day of auction. A 5% Buyers Premium shall be added to the highest accepted bid and constitute the purchase price. Balance is due with certified funds on or before August 30, 2024, the date of closing. Buyer shall accept the existing month to month lease with the current tenants and negotiate any new lease or extension. Seller makes no guarantees that the current tenants will enter into a new lease. Possession is the date of closing. Seller shall pay current any delinquent real estate taxes. Real Estate Taxes on the 2024 tax statement shall be pro-rated to the date of closing. Buyer to accept 2025 and thereafter. Property is sold subject to Owner Confirmation. Seller reserves the right to reject or negotiate any and all bids or waive any informalities or irregularities in the sale process and control all rules and proced
Listing Details MLS# 6565809
General Property Information
- Buyer’s Premium?
- Yes
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 4
- Owner Occupied
- No
- Year Built
- 1926
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 10445
- Garage Stalls
- Yes
- For Sale or Lease
- For Sale
- Acres
- 0.35
- Lot Dimensions
- 120x130
- Assessment Pending
- Unknown
Property Features
Accessible:
None
Air Conditioning:
Central Air
CMU Style:
Office
Construction Materials:
Brick; Frame
Construction Status:
Previously Owned
Current Use:
Business Service
Exterior:
Brick/Stone
Financing Terms:
Cash
Fuel:
Propane
Heating:
Forced Air
Loan Terms:
Cash
Lot Description:
Corner Lot
Miscellaneous Information:
Overhead Doors
On Site Utilities:
Electric Common
Parking Characteristics:
Parking Lot
Potential Use:
Office; Professional
Road Frontage:
City Street; Paved Streets; Sidewalks
Roof:
Rubber
Sewer:
City Sewer/Connected
Stories:
One
Topography:
Level
Water:
City Water/Connected
Contract Information
- Auction Type
- Reserve
- Off Market Date
- 2024-08-09
- Closed Date
- 2024-08-29
- Sales Close Price
- 25100
- Contingency
- None
- ListPrice
- Yes
- Owner is an Agent?
- No
- Auction?
- Yes
Location Tax and Other Information
- House Number
- 731
- Street Name
- Main
- Street Suffix
- Street
- Postal City
- Wabasso
- County
- Redwood
- State
- MN
- Zip Code
- 56293
Assessments
- Assessment Balance
- 244.3
- Tax With Assessments
- 2804
Basement
- Foundation Dimensions
- 130x89x55x14x75x74
More Information
Building Information
- Building Finished SqFt
- 3750
- Building SqFt
- 10445
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
- Overhead Doors
- Yes
Ownership
- Fractional Ownership
- No
Sale Options
- Sale Includes
- Building, Land
Unit 1
- Unit Number
- Yes
- Monthly Rent
- 1200
- Unit Total SqFt
- 10445
- Leased?
- Yes
- Lease Expiration Date
- 2012-12-17
Unit Details
- Total Units
- Yes
Office/Member Info
- Association
- WCAR
Location, Tax and Other Information
- Legal Description
- ORIGINAL LOTS 10 THRU 13 & W 20' LOT 14
- Listing City
- Wabasso
- Map Page
- 999
- Municipality
- Wabasso
- School District
- Wabasso
- School District Phone
- 507-342-5114
- Zip Plus 4
- 3480
- Property ID Number
- 932000140
- Tax Year
- 2024
- Tax Amount
- 2559.7
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
- Auctioneer License
- 64-06
Directions & Remarks
- Public Remarks
- TERMS: Successful bidder will be required to enter into an “AS IS”, non-contingent purchase agreement and pay $5,000 non-refundable earnest money down payment the day of auction. A 5% Buyers Premium shall be added to the highest accepted bid and constitute the purchase price. Balance is due with certified funds on or before August 30, 2024, the date of closing. Buyer shall accept the existing month to month lease with the current tenants and negotiate any new lease or extension. Seller makes no guarantees that the current tenants will enter into a new lease. Possession is the date of closing. Seller shall pay current any delinquent real estate taxes. Real Estate Taxes on the 2024 tax statement shall be pro-rated to the date of closing. Buyer to accept 2025 and thereafter. Property is sold subject to Owner Confirmation. Seller reserves the right to reject or negotiate any and all bids or waive any informalities or irregularities in the sale process and control all rules and proced
- Directions
- Main Street Wabasso
Accessible
- None
- Yes
Air Conditioning
- Central Air
- Yes
Construction Materials
- Brick
- Yes
- Frame
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Financing Terms
- Cash
- Yes
Fuel
- Propane
- Yes
Heating
- Forced Air
- Yes
Lot Description
- Corner Lot
- Yes
Parking Characteristics
- Parking Lot
- Yes
Road Frontage
- City Street
- Yes
- Paved Streets
- Yes
- Sidewalks
- Yes
Roof
- Rubber
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- One
- Yes
Topography
- Level
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Common
- Yes
CMU Style
- Office
- Yes
Current Use
- Business Service
- Yes
Loan Terms
- Cash
- Yes
Potential Use
- Office
- Yes
- Professional
- Yes
Listing Office:
Kerkhoff Auction & Real Estate
Last Updated: September - 11 - 2025
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