42 Main Street South

New London, MN 56273

$360,000
Price
Beds
4,060 Sq. Ft.
$89 / Sq. Ft.
4,060
Sq. Ft.
$89
per Sq. Ft.

Description

Historic building located right on bustling Main Street New London. This iconic main street building has two commercial spaces - an open concept space on the main level is currently occupied by some of the areas most talented tattoo artists and the lower level with separate access is ready for occupancy. This building provides additional income with 4 residential apartments all with current leases. Off street parking in the back, tons of updates inside and out. A great investment- great visibility...Historic building located right on bustling Main Street New London. This iconic main street building has two commercial spaces - an open concept space on the main level is currently occupied by some of the areas most talented tattoo artists and the lower level with separate access is ready for occupancy. This building provides additional income with 4 residential apartments all with current leases. Off street parking in the back, tons of updates inside and out. A great investment- great visibility and high traffic and foot count- this building is ready for it's new owner. Don't miss out on this rare opportunity!
  1. Listed by 320 Real Estate Co

Property Details for 42 Main Street South

Subdivision Name
New London Town Of
Zoning Jurisdiction
Business/Commercial
LISTING UPDATED: 10/30/2024 09:02 PM

Property Details for 42 Main Street South

StatusActive
MLS #6620441
Days on Compass47
Taxes$4,778 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1940
Lot Size0.06 AC / 2,613 SF
CountyKandiyohi County

Building Information for 42 Main Street South

Stories-Residences6Year Built1940Lot Size0.06 AC / 2,613 SF

Property Information for 42 Main Street South

Summary
Location and General Information
  • City Name: New London
  • County Or Parish: Kandiyohi
  • County: Kandiyohi-MN
  • Directions: Hwy 23 to Hwy 9 into town New London. Second Building on left after you cross the Millpond bridge. From Hwy 71: Head East on Hwy 9 from Petes Surplus. Follow into town New London. Building will be on R side of main street.
  • Latitude: 45.3006699477
  • Longitude: -94.9441634405
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: New London
  • City and Location Text: New London(MN)
  • Postal Code: 56273
  • State Or Province: MN
  • Public Survey Township: 121
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 601000790
  • Tax Annual Amount: $4,778.00
  • Tax Legal Description: NEW LONDON (TOWN OF) LOT 7; THAT PART OF LOT 8 DESC AS FLWS: BEG AT NW COR OF SD LOT 8, TH S 8", TH E'LY TO A PT ON E LINE OF SD LOT 8 WHICH IS 2.553' S OF NE COR THEREOF, TH N ON SD E LINE TO NE COR OF SD LOT 8, TH W TO PT OF BEG.
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 4778.0000
School Information
  • High School District: 345 - New London-Spicer
  • School District Number: 345
  • School District Phone: 320-354-2252
Property
Lot Information
  • Current Use: Other
  • Lot Size Area: 0.06
  • Lot Size Dimensions: 2791
  • Lot Size Units: Acres
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Building Area Total: 4060.0
Property and Assessments
  • Age Of Property: 84
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Common, Heating Separate, Hot Water Common
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1740.0
  • Fuel: Natural Gas
  • Roof: Age Over 8 Years
Interior Features
  • Basement Type: Full, Partially Finished
  • Cooling: Central Air, Window Unit(s)
  • Garage Square Feet: 0
  • Heating: Forced Air
  • Levels: Two
  • Basement YN: Yes

Property History for 42 Main Street South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 42 Main Street South

Taxable ValueLand$21,400Additions$197,500Total$218,900
Tax Record2023$3,060 ($255 / month)
Home Facts
Beds0Total Finished SqFt2,320 SqFtAbove Grade Finished SqFt2,320 SqFtStories1StyleSingle Family ResidenceYear Built1940CountyKANDIYOHIAPN60-100-0790

Schools near 42 Main Street South

This home is within New London-Spicer School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Prairie Woods Elementary School
PublicPK to 4

New London-Spicer Middle School
Public5 to 8

New London-Spicer Sr.
Public9 to 12

New London Alternative School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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42 Main Street South is a mixed use property for sale in New London, MN 56273. This property was listed for sale on October 20, 2024 by 320 Real Estate Co, it's currently listed at $360,000. It has been on the market for a total of 47 days and was last sold on March 4, 2022. This listing's school district is New London-Spicer School District. Nearby schools include Prairie Woods Elementary School, New London-Spicer Middle School and New London-Spicer Sr.. 42 Main Street South is a 0-bed, 0-bath, 4,060 sqft mixed use property built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 320 Real Estate Co

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/30/2024 09:02 PM