Date
Details
Price
Change
Source
8/14/2025
Listed
$1,200,000
—
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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1/24
$1,200,000 Sale Pending
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1/24
Property Description
Great opportunity for an owner-occupant or an investor. 82% leased and located in downtown Loretto, near shopping and restaurants. This property offers solid income with no delinquencies, is easy to manage, and still has room to grow. Current tenants include long-term occupants such as the City of Loretto and the Loretto Fire Department. Highlights: 82% leased with reliable, tenants Prime downtown location near amenities Flexible warehouse and office space Easy to manage with growth potential Brand new HVAC units in 2025
Full Property Details
Full Property Details for 279 N Medina St
General
- Price: $1,200,000
- Taxes: $34,744 (2025)
- Status: Pending
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 6767466
- Updated: 1/17/2026
- Added to Site: 247 day(s) ago
Parking
- Parking Features: Paved Lot
Location
- County: Hennepin
- Township: Loretto
- Subdivision: Hillview West Add
- Driving Directions: Highway 55 to County Road 19 South into Loretto. Left onto Crestview Ln. Right into property parking lot.
School Information
- School District: 2312 - Delano
- High School District: Delano
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air, Zoned
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Separate, Heating Separate
Structural Information
- Exterior Const.: Concrete, Steel Siding
- Basement: Yes
- Basement Desc.: Full
- Foundation Size: 10212
- Roof: Flat
- Disability Access: Wheelchair Ramp(s)
- Square Feet: 30,000
- Finished Down/Base.: 30,000 Sq. Ft.
- Current Bldg. Use: Professional/Office, Professional Service, Warehouse
- Year Built: 1980
Unit Information
- Units w/Refrigerators: 1
Lot Features
- Lot Size (Acres): 1.73
- Lot Dimensions: 264 x 292
- Frontage: City Street
- Zoning: Business/Commercial
- Lot Description: Light Tree Coverage
Financial Considerations
- Operating Expenses: $114,121.6
- Tax Amount: $34,744
- Tax Year: 2025
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: LOT 001 BLOCK 001 HILLVIEW WEST ADDN SUBJECT TO ROAD
- Inclusions: Building, Land
- Property ID: 611823420023
Listed by Bullseye Properties & Realty
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— 279 N Medina St —
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NMLS#: 1598647
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Schools
Schools serving 279 N Medina St
School District:Delano Public School District
| Name | Grades | Distance |
|---|---|---|
Delano Elementary School 678 Tiger Drive, Delano, MN 55328 | K-4 | 6.9 mi |
Delano Middle School 683 Tiger Drive, Delano, MN 55328 | 5-8 | 7 mi |
Delano Senior High School 700 Elm Avenue East, Delano, MN 55328 | 9-12 | 7.1 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 279 N Medina St
Tax History
Tax History for 279 N Medina St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$34,744
5%
$1,090,000
—
2023
$33,056
-6%
$1,090,000
-1%
2023
$35,104
—
$1,100,000
10%
2023
$35,104
-35%
$1,000,000
-33%
2020
$54,116
4%
$1,500,000
9%
2019
$51,986
-2%
$1,377,000
—
2018
$53,121
—
$1,377,000
4%
2017
$53,218
15%
$1,319,000
18%
2016
$46,215
5%
$1,114,000
—
2015
$43,806
-3%
$1,114,000
—
2014
$45,186
8%
$1,114,000
7%
2013
$41,777
—
$1,037,000
—
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
Estimate the Cost for 279 N Medina St
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- 3Total Baths
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Sold by Century 21 Atwood
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Sold by Non-MLS
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Sold by Vanderlinde Group | Edge Realty, Inc.
279 N Medina Street, Loretto, MN 55357 (MLS# 6767466) is a Commercial property. 279 N Medina Street is currently listed for $1,200,000 and was received on August 14, 2025. Want to learn more about 279 N Medina Street? Do you have questions about finding other Commercial real estate for sale in Loretto? You can browse all Loretto real estate or contact a Coldwell Banker agent to request more information.