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$290,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 0.057 Acres
  • Updated 14 hours ago
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100% occupied, cash-flowing, opportunity in the community of Atwater. Located 1 hour from Saint Cloud, this property offers 3 rental units. Two 1 bed, 1 bath units residential rentals upstairs, and a shop that is currently occupied with additional income from the laundry. Turn-Key operation!

Full Property Details for 306 Atlantic Ave

General

  • Price: $290,000
  • Taxes: $1,096 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7045833
  • Updated: 3/30/2026
  • Added to Site: 1 day(s) ago

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Kandiyohi
  • Township: Atwater
  • Subdivision: Atwater Town Of
  • Driving Directions: US-12 W/N Sibley Ave, turn left on Main St. N, turn right onto Atlantic Ave.

School Information

  • School District: 1135 - A.C.G.C.
  • High School District: A.C.G.C.

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common

Structural Information

  • Basement: Yes
  • Foundation Size: 4320
  • Disability Access: None
  • Current Bldg. Use: Residential
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.057
  • Lot Dimensions: 48 x 100
  • Zoning: Residential-Single Family

Financial Considerations

  • Operating Expenses: $7,246
  • Tax Amount: $1,096
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Electricity, Gas, Water
  • Pays Electric: Owner Pays
  • Pays Gas: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: ATWATER (TOWN OF) W 23' OF LOT 8, E 2' OF LOT 9
  • Property ID: 400750440

Listed by Ferndale Realty

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Listing agents

— 306 Atlantic Ave —

  • Ferndale Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 306 Atlantic Ave

School District:A.C.G.C. Public School District
NameGradesDistance
A.C.G.C. North Elementary School
302 2nd Street North, Atwater, MN 56209
PK-40.1 mi
A.C.G.C. Secondary
27250 Minnesota 4, Grove City, MN 56243
7-124.8 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 306 Atlantic Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/30/2026
Listed
$290,000
1418.32%
MLS
4/14/2017
Sold
$19,100
—
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 for 306 Atlantic Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,096
4%
$53,000
3%
2023
$1,056
1%
$51,700
7%
2022
$1,050
-2%
$48,100
32%
2021
$1,070
-3%
$36,500
1%
2020
$1,098
11%
$36,200
-2%
2019
$988
4%
$37,000
9%
2018
$954
-57%
$33,800
-1%
2017
$2,200
102%
$34,300
7324%
2016
$1,090
—
$462
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Ferndale Realty

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306 Atlantic Avenue, Atwater, MN 56209 (MLS# 7045833) is a Commercial property. 306 Atlantic Avenue is currently listed for $290,000 and was received on March 30, 2026. Want to learn more about 306 Atlantic Avenue? Do you have questions about finding other Commercial real estate for sale in Atwater? You can browse all Atwater real estate or contact a Coldwell Banker agent to request more information.

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