122 Hamel Road, Hamel, MN 55340 - Photo 1

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$549,900 Sale Pending

For Sale
Pending
Townhouse
2 Beds
4 Total Baths
4,000 Sq. Ft.
Updated 10 days ago

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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.

Full Property Details

Full Property Details for 122 Hamel Rd

General

Price: $549,900
Taxes: $9,710 (2025)
Status: Pending
Type: Townhouse
Source: NorthStarMLS_RMLS
MLS ID: 6808973
Updated: 5/22/2026
Added to Site: 223 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4

Bedrooms

Total Bedrooms: 2

Parking

Parking Features: Parking Lot

Location

County: Hennepin
Township: Medina
Subdivision: Plat Of Hamel
Driving Directions: Hwy 55 West to Souix Dr, South on Sioux Dr to Hamel Rod, East on Hamel Rd

School Information

School District: 284 - Wayzata
High School District: Wayzata

Heating & Cooling

Heating Type: Boiler
Heating Fuel: Natural Gas

Utilities

Sewer: City Sewer Connected
Water: City Water (Connected)

Structural Information

Exterior Const.: Block, Frame, Stone
Basement: Yes
Basement Desc.: Block, Full, Other, Unfinished
Foundation Size: 2000
Roof: Age Over 8 Years, Flat, Tar/Gravel
Disability Access: None
Square Feet: 4,000
Above Ground: 4,000 Sq. Ft.
Below Ground: 2,000 Sq. Ft.
Finished Down/Base.: 6,000 Sq. Ft.
Year Built: 1936

Lot Features

Lot Size (Acres): 0.33
Lot Dimensions: 100 x 138 x 119 x 135
Frontage: City Street, Curbs, Paved Streets, Sidewalks
Zoning: Business/Commercial, Residential-Multi-Family
Lot Description: Corner Lot, Light Tree Coverage

Financial Considerations

Tax Amount: $9,710
Tax Year: 2025
Owner Pays: Electricity, Gas, Heat, Insurance, Sewer, Taxes, Water
Pays Electric: Owner Pays
Pays Gas: Owner Pays
Pays Heat: Owner Pays
Pays Water: Owner Pays

Disclosures and Reports

Legal Description: BLOCK 002 PLAT OF HAMEL LOTS 9 AND 10
Property ID: 1211823410066

Listed by The Realty House

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Schools

Schools serving 122 Hamel Rd

School District:Wayzata Public School District

Name	Grades	Distance
Greenwood Elementary School, Plymouth, MN 18005 Medina Rd, Plymouth, MN 55447	K-5	1.5 mi
Wayzata West Middle School 149 Barry Avenue North, Wayzata, MN 55391	6-8	4.5 mi
Wayzata High School 4955 Peony Lane North, Plymouth, MN 55446	9-12	0.8 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 122 Hamel Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/16/2026

Price Reduced

$549,900

-7.58%

MLS

10/22/2025

Listed

$595,000

53.75%

MLS

5/01/2008

Sold

$387,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 122 Hamel Rd

Year

Property Taxes

Change

Tax Assessment

Change

2025

$9,710

9%

$194,000

11%

2023

$8,917

-7%

$175,000

6%

2023

$9,631

—

$165,000

7%

2023

$9,631

1%

$154,000

-57%

2020

$9,513

3%

$358,000

5%

2019

$9,197

2%

$341,000

4%

2018

$9,036

7%

$328,000

9%

2017

$8,474

-2%

$300,000

3%

2016

$8,611

-3%

$292,000

1%

2015

$8,881

-3%

$288,000

—

2014

$9,192

3%

$288,000

—

2013

$8,908

—

$288,000

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 122 Hamel Rd

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Total Baths
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Total Baths
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Sq. Ft.

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Beds
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Total Baths
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122 Hamel Road, Hamel, MN 55340 (MLS# 6808973) is a Townhouse property with 2 bedrooms and 0 full bathrooms. 122 Hamel Road is currently listed for $549,900 and was received on October 22, 2025. Want to learn more about 122 Hamel Road? Do you have questions about finding other Townhouse real estate for sale in Hamel? You can browse all Hamel real estate or contact a Coldwell Banker agent to request more information.

122 Hamel Rd Hamel, MN 55340