Date
Details
Price
Change
Source
3/30/2026
Listed
$390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/21
$390,000 Just Listed
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1/21
Property Description
100% occupied, cash-flowing, investor opportunity in the community of Cosmos. Located 1 hour from Saint Cloud, this property offers 4 rental units: three 1 bed, 1 bath units along with a 2 bed, 1 bath unit upstairs. Potential space downstairs in former bar/restaurant and potential laundromat income as well. Priced at 9.7% cap rate. Financial Remarks Units
Full Property Details
Full Property Details for 249 S Milky Way St
General
- Price: $390,000
- Taxes: $1,190 (2025)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7045801
- Updated: 3/30/2026
- Added to Site: 2 day(s) ago
Parking
- Parking Features: On-Street Parking Only
Location
- County: Meeker
- Township: Cosmos
- Subdivision: Lietzaus 1st Add
- Driving Directions: MN Hwy 7 to Hwy 4 south to property
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 Separate, Heating Separate, Hot Water Separate
Structural Information
- Foundation Size: 3200
- Disability Access: Wheelchair Ramp(s)
- Current Bldg. Use: Residential
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.195
- Zoning: Business/Commercial
Financial Considerations
- Operating Expenses: $1,670
- Tax Amount: $1,190
- Tax Year: 2025
- Terms: Conventional, Cash
- Owner Pays: Trash Collection
- Pays Trash: Owner Pays
Disclosures and Reports
- Legal Description: LIETZAU'S 1ST ADDN & LT 16
- Inclusions: Building, Other
- Property ID: 210215000
Listed by Ferndale Realty
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NMLS#: 1598647
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Schools
Schools serving 249 S Milky Way St
School District:A.C.G.C. Public School District
| Name | Grades | Distance |
|---|---|---|
A.C.G.C. North Elementary School 302 2nd Street North, Atwater, MN 56209 | PK-4 | 14.7 mi |
A.C.G.C. Secondary 27250 Minnesota 4, Grove City, MN 56243 | 7-12 | 14.4 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 249 S Milky Way St
Estimate the Cost
Estimate the Cost for 249 S Milky Way St
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,500Sq. Ft.
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- Commercial
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- Updated 1 day ago
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- 4Total Beds
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- 3.27Acres
Listed by RE/MAX Advantage Plus
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 963Sq. Ft.
Listed by RE/MAX Today's Properties
- Single Family
- Active
- Updated 6 days ago
- 3Beds
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- Updated 4 days ago
- 3Beds
- 4Total Baths
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Listed by Keller Williams Realty Integrity Northwest
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
- 2,687Sq. Ft.
Listed by Legacy Land & Home
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,328Sq. Ft.
Listed and Sold by eXp Realty
- Single Family
- Closed
- 4Beds
- 2Total Baths
- 1,992Sq. Ft.
Listed by Marshall Area Homes
Sold by White Companies, Inc
Sold by White Companies, Inc
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 2,480Sq. Ft.
Listed by All-Star Realty, Inc.
Sold by Realty Central 101
Sold by Realty Central 101
- Single Family
- Closed
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 1,640Sq. Ft.
Listed by Hometown Realty, Inc
Sold by Pemberton RE
Sold by Pemberton RE
249 S Milky Way Street, Cosmos, MN 56228 (MLS# 7045801) is a Commercial property. 249 S Milky Way Street is currently listed for $390,000 and was received on March 30, 2026. Want to learn more about 249 S Milky Way Street? Do you have questions about finding other Commercial real estate for sale in Cosmos? You can browse all Cosmos real estate or contact a Coldwell Banker agent to request more information.