Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$250,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 0.02 Acres
  • Updated 20 hours ago
See This Home
Save This Home
See This Home
Save This Home
Incredible turnkey investment opportunity in the picturesque Zumbro River Valley! This unique, well-maintained mixed-use building offers four distinct revenue streams. The upper level features two updated residential apartments: one occupied by an excellent long-term tenant and the second operating as a successful short-term vacation rental. The main level offers accessible commercial storefronts, including a complete commercial kitchen/cafe space and a separate office/bar setup. The building features recent mechanical, cosmetic, and utility updates throughout with separate meters in place. A massive double side lot with a built-in stage adds incredible expansion or event-hosting potential to capture heavy seasonal traffic from river recreationists, cyclists, and tourists.

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: 7087921
  • Updated: 6/11/2026
  • Added to Site: Today

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Wabasha
  • Township: Hammond
  • Subdivision: East Hammond
  • Driving Directions: Take US-52 N for 11 miles, then take the MN-60 exit toward Zumbrota. Turn right onto MN-60 E and follow it for 17 miles. Turn right onto MN-47 S/MN-60 E, then turn left onto County Rd 11/Center St. The property will be on your left.

School Information

  • School District: 535 - 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, Hot Water Separate

Structural Information

  • Basement: Yes
  • Foundation Size: 2200
  • Disability Access: Partially Wheelchair
  • Current Bldg. Use: Residential, Retail
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Dimensions: .02
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $1,632
  • Tax Year: 2025

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
  • Property ID: R200009100

Listed by Realty Growth Inc.

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 312 Center St E —

  • Realty Growth Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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 ATTOM Data Solutions 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
6/11/2026
Listed
$250,000
117.39%
MLS
11/25/2019
Sold
$115,000
—
Public Record
Get Price Alerts and Save Property
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.

Estimate the Cost for 312 Center St E

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Realty Growth Inc.

Similar Properties near 312 Center St E

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

360 Division St, Millville, MN 55957 - Photo 1
$250,000

360 Division St  Millville, MN 55957

  • Commercial
  • Active
  • 0.05
    Acres
Listed by Dan Wagner (507) 254-4982

Just Listed near 312 Center St E

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

95 1st Ave NE, Elgin, MN 55932 - Photo 1 Just Listed
$174,900

95 1st Ave NE  Elgin, MN 55932

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,322
    Sq. Ft.
Listed by Lakes Sotheby's International Realty
1393 White Birch Ct NW, Oronoco, MN 55960 - Photo 1 Just Listed
$595,900
Open House

1393 White Birch Ct NW  Oronoco, MN 55960

  • Single Family
  • Active
  • Updated 20 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,535
    Sq. Ft.
Listed by Re/Max Results
50430 315th Ave, Elgin, MN 55932 - Photo 1 Just Listed
$499,900

50430 315th Ave  Elgin, MN 55932

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,182
    Sq. Ft.
Listed by Tony Montgomery Realty & Auction
175 6th Ln NE, Oronoco, MN 55960 - Photo 1 Just Listed
$699,000

175 6th Ln NE  Oronoco, MN 55960

  • Single Family
  • Active
  • Updated 20 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 3,485
    Sq. Ft.
Listed by Homecoin.Com

Price Reduced near 312 Center St E

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

155 5th Ave NW, Elgin, MN 55932 - Photo 1 Price Reduced
-$3,000 (-2.26%)
$130,000

155 5th Ave NW  Elgin, MN 55932

  • Single Family
  • Active
  • Updated 6 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,296
    Sq. Ft.
Listed by Century 21 Affiliated Rochester
135 1st Ave NW, Elgin, MN 55932 - Photo 1 Price Reduced
-$3,500 (-1.1%)
$315,000
Open House

135 1st Ave NW  Elgin, MN 55932

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,511
    Sq. Ft.
Listed by Real Broker, LLC.
955 Cedar Point Ln SE, Oronoco, MN 55960 - Photo 1 Price Reduced
-$25,000 (-2.63%)
$924,900
Open House

955 Cedar Point Ln SE  Oronoco, MN 55960

  • Single Family
  • Active
  • Updated 2 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 3,958
    Sq. Ft.
Listed by Elcor Realty of Rochester Inc.
746 Baylee Pl SW, Pine Island, MN 55963 - Photo 1 Price Reduced
-$5,000 (-2.17%)
$224,900

746 Baylee Pl SW  Pine Island, MN 55963

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,959
    Sq. Ft.
Listed by The Buryska Home Team (507) 288-1234

Recent Sales near 312 Center St E

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

Tbd 603 St, Mazeppa, MN 55956 - Photo 1 Sold
$215,000

Tbd 603 St  Mazeppa, MN 55956

  • Lots/Land
  • Closed
  • 16.14
    Acres
Listed and Sold by Whitetail Properties Real Estate
240 1st St SW, Elgin, MN 55932 - Photo 1 Sold
$282,000

240 1st St SW  Elgin, MN 55932

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,536
    Sq. Ft.
Listed and Sold by Tony Montgomery Realty & Auction
112 6th Ave N E, Elgin, MN 55932 - Photo 1 Sold
$239,900

112 6th Ave N E  Elgin, MN 55932

  • Townhouse
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,372
    Sq. Ft.
Listed by Montgomery Holst Realty
Sold by Property Brokers of Minnesota
323 2nd Ave SE, Mazeppa, MN 55956 - Photo 1 Sold
$230,000

323 2nd Ave SE  Mazeppa, MN 55956

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,600
    Sq. Ft.
Listed and Sold by Re/Max Results

312 Center Street E, Hammond, MN 55991 (MLS# 7087921) is a Commercial property. 312 Center Street E is currently listed for $250,000 and was received on June 11, 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.

Tour this property