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$130,000 -$20,000 (-13.33%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 800 Sq. Ft.
  • 0.2 Acres
  • Updated 1 day ago
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Zoned C-5 Very small house with full block basement on .2 acre corner lot. Single car dirt floor detached garage. Great location for ice cream shop, coffee-drink drive through, burger shop-small restaurant, or similar. Property is one block from a long time, busy Subway location on busy MN State Highway 7. 2019 MN DOT numbers indicate 12,300 vehicles/day pass on MN Highway 7. MN State Luce Line paved multi-use trail is busy with bike/foot traffic and is within walking/biking distance to the South along the Crow River. Riverside ball field and Gopher Campfire Wildlife Sanctuary are also close by, driving traffic along 3rd Avenue.

Full Property Details for 197 3rd Ave NW

General

  • Price: $130,000
  • Taxes: $1,526 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7028447
  • Updated: 10/21/2026
  • Added to Site: 264 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Detached Garage

Location

  • County: McLeod
  • Township: Hutchinson
  • Subdivision: North Half, Hutchinson
  • Driving Directions: Hutchinson, MN 7 West to Water St. South to property

School Information

  • School District: 423 - Hutchinson
  • High School District: Hutchinson

Heating & Cooling

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

Utilities

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

Structural Information

  • Foundation Size: 500
  • Disability Access: None
  • Square Feet: 800
  • Finished Down/Base.: 800 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Dimensions: .2 acres
  • Frontage: City Street
  • Zoning: Business/Commercial, Other

Water Features

  • Water Front Desc.: Lake View
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $1,526
  • Tax Year: 2025
  • Terms: Cash

Disclosures and Reports

  • Legal Description: NORTH HALF, HUTCHINSON LOT-006 BLOCK-023
  • Inclusions: Building, Land
  • Property ID: 230562300

Listed by Hutchinson Properties

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— 197 3rd Ave NW —

  • Hutchinson Properties

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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 197 3rd Ave NW

School District:Hutchinson Public School District
NameGradesDistance
Hutchinson Park Elementary School
100 Glen Street Southwest, Hutchinson, MN 55350
2-50.3 mi
Hutchinson West Elementary School
875 School Road Northwest, Hutchinson, MN 55350
PK-10.9 mi
Hutchinson Middle School
1365 South Grade Road Southwest, Hutchinson, MN 55350
6-81.4 mi
Hutchinson Senior High School
1200 Roberts Road Southwest, Hutchinson, MN 55350
9-121.2 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 197 3rd Ave NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/21/2026
Price Reduced
$130,000
-13.33%
MLS
2/01/2026
Listed
$150,000
—
MLS
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 197 3rd Ave NW

Year
Property Taxes
Change
Tax Assessment
Change
2026
$790
-47%
$54,900
-48%
2024
$1,480
4%
$105,600
19%
2021
$1,420
-5%
$88,400
-13%
2022
$1,490
5%
$101,700
27%
2021
$1,420
1%
$79,800
4%
2020
$1,410
—
$76,900
100%
2020
$1,410
39%
100%
2018
$1,016
7%
100%
2017
$952
—
—
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 Hutchinson Properties

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197 3rd Avenue NW, Hutchinson, MN 55350 (MLS# 7028447) is a Commercial property. 197 3rd Avenue NW is currently listed for $130,000 and was received on February 01, 2026. Want to learn more about 197 3rd Avenue NW? Do you have questions about finding other Commercial real estate for sale in Hutchinson? You can browse all Hutchinson real estate or contact a Coldwell Banker agent to request more information.

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