''Prime redevelopment property on 2nd street in the heart of DMC''. Location, Location, Location. Across from St. Mary's hospital and only 5 blocks from the Mayo Clinic. There are a total of 4 lots available to be sold together or separately. Excellent location for redevelopment, current buildings exist on these lots. Additional addresses 1119 listed for $1,000,000, 1139 and 1143 listed together for $3,000,000 2nd Street SW that are included in the total list price of $6,000,000. Lot 1111 is approximately 7,220 sq ft 50'x145', 1119 is approximately 3,739 sq ft and irregular shaped, see attached diagram, 1139 is approximately 3,375 sq ft 25'x135', 1143 is approximately 2,470 sq ft 50'x135'.
From Hwy 14E take the 2nd Street SW exit #55B, use left 2 lanes, turn left on to 2nd Street SW and the properties are on the left.
The approximate monthly Principal & Interest payment for this property would be $28,696. This payment is based on a 30-year loan at a fixed rate of 4.75 % with a down payment of $600,000. Actual lender interest rates and loan programs may vary.
Use our Mortgage Payment Calculator to determine a more exact payment estimate, or Contact a Gerrard-Hoeschler REALTORS Real Estate Agent.
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