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$1,800,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 0.161 Acres
  • Updated 7 hours ago
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Here is an amazing opportunity to add a value add cashflowing asset to your multi-family portfolio. Located in the Rochester MSA, anchored by Mayo Clinic and the $5.5 Billion in local, county and state investment to the area over the next 20 years via the Destination Medical Center Initiative. These 2 buildings are located in the heart of Stewartville, a growing and vibract community just south of Rochester. With the property located at the intersection of highways 63 and 30, you are located right in the heart of of the downtown Stewartville business district, with easy access to local amenities, including blocks away from Stewartville High School, and just a couple of miles from Rochester International Airport. The property consists of 2 buildings right next to each other. The main building consists of 16 multi-family units and 2 commercial spaces, and the adjacent building consists of 8 multi-family units. The electrical, many of the common areas, and over half of the residential units have been updated with current ownership. They purposefully left the remaining units to be updated to provide a value add opportunity for new owners. Please allow 48 hours advance notice for showings. Agent is owner.

Full Property Details for 105 Main Street S

General

  • Price: $1,800,000
  • Taxes: $22,812 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7054657
  • Updated: 4/14/2026
  • Added to Site: 1 day(s) ago

Parking

  • Parking Features: Parking Lot

Location

  • County: Olmsted
  • Township: Stewartville
  • Subdivision: Wooldridge Add
  • Driving Directions: South on Hwy 63 towards Stewartville, arrive at the corner of Main St and 1st St in Stewartville.

School Information

  • School District: 1926 - Stewartville
  • High School District: Stewartville

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Boiler
  • Heating Fuel: Electric, Natural Gas

Utilities

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

Structural Information

  • Foundation Size: 5905
  • Disability Access: Other
  • Current Bldg. Use: Professional Service, Residential
  • Year Built: 1870

Lot Features

  • Lot Size (Acres): 0.161
  • Lot Dimensions: 52 x 320
  • Zoning: Business/Commercial, Residential-Multi-Family

Financial Considerations

  • Tax Amount: $22,812
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Tenant Pays: Electricity
  • Pays Electric: Tenant Pays

Disclosures and Reports

  • Legal Description: SECT-34 TWP-105 RANGE-014 WOOLDRIDGE ADD ALL LOT 1 AND LOT 2 LESS S.53FT THEREOF & TH PT OF VAC ALLEY ADJ TO SD LOTS & COM AT NECOR LOT 10 TH W16.5FT TH S30FT TH SELY TO A PT ON ELY LINE SD LOT 10 TH IS 46.5FT S OF NECOR SD LOT 10 TH N AL ELY LINE SD LOT 46.5FT TO BEG & TH PT DES AS BEG 33FT W & 30FT S OF NECOR LOT 10 BLK 1 TH N 30FT TO N LN OF SD LOT 10 TH E 16 1/2FT TH S 30 FT TH SE 45 DEG TO A PT ON E LN LOT 10 46 1/2FT S OF THE NECOR LOT 10 SD PT BEING ON W BOUNDARY LN
  • Inclusions: Building
  • Property ID: 543431030320

Listed by eXp Realty

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— 105 Main Street S —

  • eXp Realty

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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 105 Main Street S

School District:Stewartville Public School District
NameGradesDistance
Bonner Elementary School
526 5th Avenue Southeast, Stewartville, MN 55976
K-20.6 mi
Bear Cave Intermediate School
1021 10th Street Northwest, Stewartville, MN 55976
3-51 mi
Stewartville Middle School
440 6th Avenue Southwest, Stewartville, MN 55976
6-80.3 mi
Stewartville Senior High School
440 6th Avenue Southwest, Stewartville, MN 55976
9-120.3 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 105 Main Street S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Listed
$1,800,000
33.33%
MLS
9/09/2020
Sold
$1,350,000
—
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 105 Main Street S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,318
-12%
$521,300
3%
2023
$12,804
—
$504,400
32%
2023
$12,804
18%
$381,200
—
2021
$10,818
15%
$381,200
24%
2020
$9,386
12%
$308,200
8%
2019
$8,398
—
$286,200
-21%
2019
$8,398
5%
$360,700
2%
2017
$8,036
—
$352,000
-1%
2017
$8,036
-25%
$354,600
—
2016
$10,736
—
$354,600
—
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 eXp Realty

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105 Main Street S, Stewartville, MN 55976 (MLS# 7054657) is a Commercial property. 105 Main Street S is currently listed for $1,800,000 and was received on April 13, 2026. Want to learn more about 105 Main Street S? Do you have questions about finding other Commercial real estate for sale in Stewartville? You can browse all Stewartville real estate or contact a Coldwell Banker agent to request more information.

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