223 E 5th St - Former School & Redevelopment Oppurtunity 7,522 SF Specialty Building Offered at $600,000 in Zumbrota, MN 55992
INVESTMENT HIGHLIGHTS
- Redevelopment Opportunity
- School or Day Care Potential
- Growing Community
- Local Neighborhood Charm
EXECUTIVE SUMMARY
Located in the heart of Zumbrota, MN, this property offers endless potential as a turn-key school or daycare facility, with additional redevelopment opportunities. Previously a school, it features five classrooms, a large multipurpose room, two offices, an amazing playground and large fenced yard. Situated on nearly an acre with R-2 zoning, the property could also be converted for residential development. With easy access to Hwy 52 and a prime location, it's perfect for both community-focused purposes and housing development. Reach out to explore the possibilities today!
PROPERTY FACTS
| Price | $600,000 |
| Price Per SF | $79.77 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | School |
| Lot Size | 1.00 AC |
| Building Size | 7,522 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Zoning | School/Daycare |
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PROPERTY TAXES
| Parcel Number | 72.540.0050 | Improvements Assessment | $0 |
| Land Assessment | $88,500 | Total Assessment | $88,500 |
