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$259,000 -$10,000 (-3.72%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 0.2 Acres
  • Updated 9 hours ago
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Prime downtown commercial opportunity with excellent Main Street frontage and strong visibility. This well-located property is currently occupied by three established tenants, including a hairstyling salon, insurance office, and cleaning company, offering immediate income potential and a diverse tenant mix. Excellent exposure, convenient access, and a highly desirable downtown location make this a standout investment opportunity.

Full Property Details for 101 S Main St

General

  • Price: $259,000
  • Taxes: $7,358 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7082131
  • Updated: 6/23/2026
  • Added to Site: 26 day(s) ago

Interior

  • Flooring: Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3

Parking

  • Parking Features: Concrete, Parking Lot

Location

  • County: Goodhue
  • Township: Pine Island
  • Subdivision: Pine Island
  • Driving Directions: East side of Main Street.

School Information

  • School District: 255 - Pine Island
  • High School District: Pine Island

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Boiler, Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Partially Finished, Walk-Out
  • Foundation Size: 1773
  • Roof: Asphalt
  • Disability Access: Partially Wheelchair, Wheelchair Ramp(s)
  • Current Bldg. Use: Beauty/Barber Shop, Office, Professional Service
  • Year Built: 1960

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Dimensions: 70 x 124
  • Frontage: City Street
  • Zoning: Business/Commercial

Financial Considerations

  • Operating Expenses: $4,000
  • Tax Amount: $7,358
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: ORIGINAL PLAT ID# 18-0100-11100 DOC #661011 S13.5FT OF LOT 1 & N56.5FT OF LOT 2 BLK 22 RECORDED 11/15/90
  • Inclusions: Building, Land, Leases
  • Property ID: 681001280

Listed by Real Broker, LLC.

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Listing agent

— 101 S Main St —

  • Real Broker, LLC.

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NMLS#: 1598647

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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 101 S Main St

School District:Pine Island Public School District
NameGradesDistance
Pine Island Middle School
223 1st Avenue Southeast, Pine Island, MN 55963
5-80.5 mi
Pine Island Elementary School
8749 County Road 5 Northwest, Pine Island, MN 55963
PK-42.2 mi
Pine Island Secondary
223 1st Avenue Southeast, Pine Island, MN 55963
9-120.5 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 101 S Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/23/2026
Price Reduced
$259,000
-3.72%
MLS
5/28/2026
Listed
$269,000
19.56%
MLS
9/09/2022
Sold
$225,000
—
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 101 S Main St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,382
—
$255,200
—
2024
$7,358
48%
$255,200
29%
2023
$4,974
-1%
$197,600
19%
2021
$5,044
1%
$166,700
-9%
2023
$4,974
-1%
$183,600
7%
2021
$5,044
-1%
$172,100
—
2020
$5,118
—
$172,100
-4%
2020
$5,118
-7%
$178,600
—
2018
$5,530
-21%
$178,600
3%
2016
$6,992
—
$174,200
—
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 Real Broker, LLC.

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101 S Main Street, Pine Island, MN 55963 (MLS# 7082131) is a Commercial property. 101 S Main Street is currently listed for $259,000 and was received on May 28, 2026. Want to learn more about 101 S Main Street? Do you have questions about finding other Commercial real estate for sale in Pine Island? You can browse all Pine Island real estate or contact a Coldwell Banker agent to request more information.

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