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122 Hamel Road, Hamel, MN 55340
$549,900
SQUARE FEET 4,000
MLS# 6808973
STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Plat Of Hamel
SCHOOL: Wayzata
Property Description
Excellent investment or redevelopment opportunity in the heart of Uptown Hamel. This two-story mixed-use building, built in 1936, is positioned on a 0.33-acre corner lot at Hamel Road and Sioux Drive, offering strong visibility and access within Medina's Uptown Hamel District.The main level currently features two commercial retail units, both occupied by local businesses, while the upper level includes two apartment units providing additional rental income. The structure shows its age and would benefit from updates and repair, but offers solid bones and versatile zoning (UH ? Uptown Hamel District) that supports a wide range of commercial and residential uses.With its classic small-town character, prominent corner location, and mixed-use potential, this property presents a value-add opportunity for an investor, owner-occupant, or developer looking to be part of Hamel's ongoing revitalization.
Property Features
Property Type: Multi Unit - Multiple Basement: Yes Basement: Block, Full, Other, Unfinished Heating: Boiler Lot Size: 0.33 Acres Roof Type: Age Over 8 Years, Flat, Tar/Gravel Taxes: $9,710 Year Built: 1936
Feature Descriptions
Days on Site: 174
Exterior: Block, Frame, Stone
Foundation Size: 2000
Lot: Corner Lot, Tree Coverage - Light
Lot Dimensions: 100x138x119x135
Owners Expense: Electricity, Gas, Heat, Insurance, Sewer, Taxes, Water
Parcel#: 1211823410066
Parking: Parking Lot
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks
Sewer: City Sewer/Connected
Units: 4
Water: City Water/Connected
Listed By / Shown By
Agency Name: The Realty House
Agency Phone: 952-844-1551
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Estimated Payment
$ 3,896.35 per month
$2,926.80 Principal & Interest
$809.17 Property Tax
$160.39 Homeowner's Insurance
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122 Hamel Road | MLS# 6808973
This multi-family property located at 122 Hamel Road, Hamel, MN 55340 is currently listed for sale with an asking price of $549,900. Hamel Road is located within the Wayzata school district. Search Hamel real estate on scarlson.counselorrealty.com today.