Description
Investment Opportunity in Historic Stillwater
Welcome to the 114 Olive St W & 218 3rd St building in charming Stillwater, MN! This fully leased two-story, 5-unit apartment offers a prime redevelopment opportunity or steady rental income. Located just three blocks from vibrant Main Street, this property sits on 0.5 acres with frontage on Olive St. W and Third Street. With zoning for Medium-Density Multi-Family, this property is a lucrative find. The unit layout includes three 2-bedroom units and two 1-bedroom units, ensuring a steady flow of rental income. Features like laundry facilities on-site and private entrances for each unit add value and convenience for tenants. Don’t miss out on this excellent investment opportunity in a sought-after location.
**Please note: 48 hour notice is required for all showing requests. No weekend showings, available times are Mon-Thurs 11:00am-4:00pm.
Address
Open on Google Maps-
Address: 114 Olive Street W
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City: Stillwater
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State: Minnesota
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Zip/Postal Code: 55082
Details
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Rate Pending
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Available 4,740 SF Available
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Land Area 0.58 Acres Available
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Property Type Multi-Family
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Parking Unpaved lot
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Tax & CAM $22,131 (Annual Taxes)
Additional details
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# of Units Five (5) total Units
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Zoning RCM-Medium Density
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Unit Layout Three: 2-Bedroom units | Two: 1-Bedroom units
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Pricing Breakdown $895,000 Total (Building: $650,000 | Land: $250,000)