Tom Engel - Managing Broker

Tom Engel - Managing Broker

(763) 416-2423



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315 E Main Street, Cyrus, MN 56323

$1,349,999
MLS# 7011649
SAVE TOUR PROPERTY
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Tom Engel - Managing Broker

Tom Engel - Managing Broker
Call: (763) 416-2423

STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Cyrus City
SCHOOL: Morris Area
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Property Description

Excellent investment opportunity in charming Cyrus! This 24 unit apartment complex operates at nearly 100% occupancy and provides plenty of green space that is so coveted by the apartment clientele. Located 22 miles SW of Alexandria, 6.5 miles East of Morris and 9 miles West of Starbuck, there is plenty of draw to this smaller but well maintained country town. Comprised of 3 separate 8-unit buildings, this complex provides ample parking, well-maintained grounds, several updates and a great return! Main St building is all main level living with 8-1 bedroom units and Cyrus Garden East and West buildings mirror each other with 7-2 bedroom units and 1-1 bedroom unit in each. Start investing in real estate today or expand your portfolio with this turn-key complex that will start making you money on day one!

315 E Main Street | MLS# 7011649

This commercial property located at 315 E Main Street, Cyrus, MN 56323 is currently listed for sale with an asking price of $1,349,999. E Main Street is located within the Morris Area school district. Search Cyrus real estate on tengel.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Cooling: Wall Unit(s)
Fuel Type: Natural Gas
Heating: Boiler
Lot Size: 1.03 Acres
Roof Type: Asphalt
Taxes: $14,942
Year Built: 1983

Feature Descriptions

Appliances: Range, Refrigerator
Current Use: Residential
Days on Site: 92
Exterior: Frame
Foundation Size: 13142
Handicap Accessible: Partially Wheelchair
Lot Dimensions: 300 150
Owners Expense: Common Area Maintenance, Exterior Maintenance, Gas, Heat, Hot Water, Insurance, Janitorial Service, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 220059000
Parking: Asphalt, Paved Lot
Road Frontage: City Street, Paved Streets
Sale Includes: Building, Business Assets, Business, Land
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 24
Utilities: Electric Separate, Heating Common, Hot Water Common
Water: City Water/Connected

Local Schools

School District: Morris Area

Listed By / Shown By

Listed By

Shown By

Agent Name: Tom Engel - Managing Broker
Agent Phone: (763) 416-2423
Agency Title: Counselor Realty

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

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