Owner is an Agent?: No

Auction?: No

Status: Active

Current Price: $16

Original List Price: 20

Contingency: None

ListPrice: 16

List Date: 2023-10-06

Association: SPAAR

MLSID: RMLS

Lot Measurement: Acres

Multiple PIDs?: No

Other Parking Spaces: 0

Waterfront Present: No

Year Built: 2019

Yearly/Seasonal: Yearly

Zoning: Business/Commercial, Residential-Multi-Family

Lot Dimensions: irregular

Acres: 7.88

Foundation Size: 5012

Garage Stalls: 0

For Sale or Lease: For Lease

Legal Description: PART OF THE WEST 1/2 OF THE SOUTHWEST 1/4 LYING NORTH OF RED ROCK PARK & EAST OF HIGHWAY 61 EXCEPT THAT PART OF THE NORTHWEST 1/4 OF SOUTHWEST + BEGINNING AT THE INTERSECTION OF THE NORTH LINE OF FORD AVENUE WITH THE EASTERLY RIGHT-OF-WAY LINE OF STATE HIGHWAY NUMBER 61 AND RUNNING THENCE EAST ALONG SAID NORTH LINE OF FORD AVENUE ONE HUNDRED AND SEVENTEEN (117) FEET TO AN IRON PIPE MONUMENT; THENCE NORTH AT RIGHT ANGLES WITH SAID NORTH LINE OF SAID FORD AVE SEVENTY-FIVE (75) FEET TO AN IRON PIPE MONUMENT, THENCE WEST ON A LINE PARALLEL TO AND SEVENTY-FIVE (75) FEET NORTH OF SAID NORTH LINE OF FORD AVENUE, TO THE INTERSECTION OF SAID PARALLEL LINE WITH SAID EASTERLY LINE OF SAID HIGHWAY; THENCE SOUTHERLY ALONG SAID EASTERLY LINE OF SAID

Listing City: Newport

Map Page: 123

Municipality: Newport

Rental License?: Yes

School District: South Washington County

School District Phone: 651-425-6300

County Abbreviation: 1

Zip Plus 4: 4876

Property ID Number: 2502822320035

Tax Year: 2025

Tax Amount: 425428

In Foreclosure?: No

Potential Short Sale?: No

Lender Owned?: No

Public Remarks: Prime retail space located within a vibrant 200-unit multifamily community. Unit 1 to be leased "As Is" and features a drop ceiling, updated lighting, and existing HVAC ductwork from the previous buildout - just add flooring to customize the space for retail or office use. Easily accessible, just minutes from Interstate 494 and Highway 10, making it a convenient destination for customers and clients alike.

Directions: Interstate 494 to Bailey Road, head east on Bailey Road to Hastings Avenue, turn south on Hastings Avenue, continue to destination's parking lot on the east side of road.

No Stairs External: 1

No Stairs Internal: 1

Zoned: 1

Assessment Balance: 0

Tax With Assessments: 425428

None: 1

Building Finished SqFt: 5012

Building SqFt: 5012

Previously Owned: 1

Brick/Stone: 1

Cement Board: 1

Carpet: 1

Concrete Slab: 1

None: 1

Electric: 1

Forced Air: 1

Cable: 1

Land Leased: Not Applicable

Triple Net: 1

Lease Amount Type: Square Foot

Combo: 1

Homestead: No

Fractional Ownership: No

Paved Lot: 1

Uncovered/Open: 1

Range#: 22

Section#: 25

Township#: 28

Standard: 1

City Street: 1

Public Maintained Road: 1

Sale Includes: Other

City Sewer/Connected: 1

One: 1

Leased?: No

Level: Main Level

Unit Number: 0001

Unit Total SqFt: 961

Total Units: 4

Drywall: 1

City Water/Connected: 1

All Utilities: 1

Taxes: 1

Lease Expiration Date: 2028-06-30

Leased?: Yes

Level: Main Level

Unit Number: 0002

Unit Total SqFt: 1047

Lease Expiration Date: 2028-02-28

Leased?: Yes

Level: Main Level

Unit Number: 0003

Unit Total SqFt: 1069

Lease Expiration Date: 2027-07-31

Leased?: Yes

Level: Main Level

Unit Number: 4

Unit Total SqFt: 1330

Electric Separate: 1

Heating Separate: 1

Apartments and Retail: 1

Retail: 1

Per Foot: 1

House Number: 2300

Street Name: Hastings

Street Suffix: Avenue

Unit Number: 1

Postal City: Newport

County: Washington

State: MN

Zip Code: 55055

Complex/Dev/Subdivision: Newport Commons