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$250,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 4,400 Sq. Ft.
  • 0.02 Acres
  • Updated 20 hours ago
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Opportunity galore in this quaint building in downtown Hammond! Four total units. 1) Cozy kitchen/Dining area on the main floor. Kitchen was completely updated in 2011 2) Bar/retail or office space on the main floor, 3) Two bedroom apartment on upper level is currently leased to a long term renters 4) Freshly remodeled two bedroom apartment on the upper level currently used as a VRBO Vacation rental. Restaurant, Electrical, Mechanical equipment and kitchen equipment were all remodeled and updated in 2011. Large side lot with patio and stage has been used for outdoor concerts, Horseshoe tournaments and is perfect for your outdoor plans or building expansion. All of this is located in the picturesque Zumbro River Valley that attracts canoes, kayaks, Tubes, bicycles, Motorcycles and Car Clubs. Located just 15 minutes from Rochester, Lake City, and the Mississippi River. Bring your ideas and turn this opportunity into a bustling tourist destination!

Full Property Details for 312 Center St E

General

  • Price: $250,000
  • Taxes: $1,632 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7010505
  • Updated: 1/20/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Carpet, Tile, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Parking

  • Parking Features: Asphalt, Paved Lot, Open

Location

  • County: Wabasha
  • Township: Hammond
  • Subdivision: East Hammond
  • Driving Directions: In Downtown Hammond. From Zumbro Falls take Highway 60 East 2.5 miles to County 6, Go right on 6 and then 4 miles to Hammond, right to downtown. From Rochester take Hwy 63 North to Cty 11, Go right 4 miles to Hammond.

School Information

  • School District: 1929 - Rochester
  • High School District: Rochester

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Propane

Utilities

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

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Foundation Size: 2200
  • Roof: Rolled/Hot Mop, Pitched, Tar/Gravel
  • Ceiling Height: 8-10
  • Disability Access: Partially Wheelchair
  • Square Feet: 4,400
  • Finished Down/Base.: 4,400 Sq. Ft.
  • Current Bldg. Use: Food Service, Office, Residential, Bar/Tavern
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Dimensions: 92 x 118
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $1,632
  • Tax Year: 2025
  • Terms: Contract for Deed, Cash

Disclosures and Reports

  • Legal Description: SECT-27 TWP-109 RANGE-013 EAST HAMMOND C0DE # 66 LOT 26 & PART OF LOT 25 DESC IN B116 OF D, P171 & IN B62 OF D, P567 & 1/2 VAC ALLEY ADJ
  • Inclusions: Building, Business Assets, Business, Fixture/Equipment, Land
  • Property ID: R200009100

Listed by Nielson Const & RE Services

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— 312 Center St E —

  • Nielson Const & RE Services

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NMLS#: 1598647

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

Schools serving 312 Center St E

School District:Rochester Public School District
NameGradesDistance
Gage Elementary School
1300 40th Street Northwest, Rochester, MN 55901
PK-512.3 mi
Century Senior High School
2525 Viola Road Northeast, Rochester, MN 55906
9-1212.2 mi
Dakota Middle School
5501 65th Street Northwest, Rochester, MN 55901
6-812.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 312 Center St E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/20/2026
Listed
$250,000
117.39%
MLS
11/25/2019
Sold
$115,000
—
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 for 312 Center St E

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,632
5%
$119,000
16%
2024
$1,556
—
$102,500
—
2023
$1,556
20%
$102,500
51%
2021
$1,300
-18%
$67,700
-34%
2023
$1,594
23%
$102,500
57%
2021
$1,300
-3%
$65,300
—
2020
$1,338
2%
$65,400
5%
2019
$1,306
-22%
$62,500
1%
2017
$1,672
-15%
$62,000
100%
2015
$1,966
—
—
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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Listed by Nielson Const & RE Services

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312 Center Street E, Hammond, MN 55991 (MLS# 7010505) is a Commercial property. 312 Center Street E is currently listed for $250,000 and was received on January 20, 2026. Want to learn more about 312 Center Street E? Do you have questions about finding other Commercial real estate for sale in Hammond? You can browse all Hammond real estate or contact a Coldwell Banker agent to request more information.

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