105 South Main Street

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105 South Main Street

Stewartville, MN 55976
Asking Price
$1.75M
Cap Rate
6.75%
Asset Type
Apartment Building Retail
Class
Class B

What's Special

26 Unit Multi-Family & Commercial Mix <ul><li>​Located minutes from Rochester, MN & Mayo Clinic - the World's #1 Hospital</li><li>​Area is undergoing a $5.6 BILLION development from Destination Medical Center Initiative</li><li>​Property At Intersection of Highways 63 & 30 In Downtown Stewartville, MN</li><li>​2 Miles from I-90</li><li>​2 Miles from Rochester Airport</li><li>​Stewartville is adding a 84,000 Amazon Distribution Center In 2026</li><li>​2 Buildings: 1 Built in 1870 & 1 in 1965</li><li>​Total Unit Mix: 2 Commercial, 3 S

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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,658.045
Annual Cash Flow
$-23,896.542

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