$2,100,000
MLS# 7062607
Status: Closed
2 baths | 9462 sqft
1 / 60
Property Description
Position your investment in the heart of one of Minnesota’s most desirable riverfront communities.? 125 Main Street presents a rare opportunity to acquire a fully leased mixed-use asset in downtown Stillwater, offering stable in-place income and long-term upside.? The property features a dynamic blend of street-level commercial space and upper-level units, creating a diversified revenue stream supported by strong tenant demand.? Located along iconic Main Street, the building benefits from consistent pedestrian traffic, a vibrant tourism economy, and proximity to Stillwater’s renowned shops, restaurants, and waterfront attractions.? With its historic charm, high visibility, and prime positioning within a tightly held market, this asset offers both immediate cash flow and future appreciation potential.? Opportunities to own on Main Street are limited—making this an ideal addition to any investment portfolio.?
Details
Contract Information
Status: Closed
Off Market Date: 2026-06-22
Current Price: $2,100,000
Closed Date: 2026-06-30
Sales Close Price: 2100000
Contingency: None
ListPrice: 2100000
List Date: 2026-04-27
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront YN: No
Year Built: 1887
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Baths Total: 2
Foundation Size: 3000
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.06
Lot Dimensions: 30 x 100
Assessment Pending: Unknown
Assessments
Tax With Assessments: 32300
Basement
Foundation Dimensions: 30x100
Building Information
Building Finished SqFt: 6462
Building SqFt: 9462
Ceiling Height: Varied Heights
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 20
Section#: 28
Township#: 30
Sale Options
Sale Includes: Building, Leases
Unit 1
Unit Number: Suite 1
Half Baths: 1
Total Bathrooms: 1
Total Rooms: 3
Level: Main Level
Unit Total SqFt: 2000
Lease Expiration Date: 2027-02-28
Unit Details
Total Units: 3
Unit 2
No. of 2 Bedroom Units: 1
Half Baths: 1
Lease Expiration Date: 2028-06-30
Leased?: Yes
Level: 2nd Level
Total Bathrooms: 1
Unit Number: 2
Unit Total SqFt: 2167
Location Tax and Other Information
Postal City: Stillwater
County: Washington
State: MN
Zip Code: 55082
Complex/Dev/Subdivision: Stillwater
Property Features
Accessible: None
Air Conditioning: Central Air
Assumable Loan: Not Assumable
CMU Style: Common Wall
Construction Materials: Block; Brick; Concrete; Frame
Construction Status: Previously Owned
Current Use: Commercial; Residential
Existing Financing: Conventional
Exterior: Brick/Stone
Fencing: None
Financing Terms: Conventional
Flooring: Heavy Duty; Wood
Foundation: Brick/Mortar; Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Cable
Loan Terms: Cash; Conventional
Location Description: Downtown
Lock Box Type: None
Lot Description: Zero Lot Line
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Pool Description: None
Roof: Age Over 8 Years; Flat; Rubber
Sewer: City Sewer/Connected
Stories: Two
Topography: Flood Plain
Wall Description: Concrete/Block; Drywall; Metal
Water: City Water/Connected
Listing Office: Metro East Commercial Real Estate
Last Updated: August - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
