1705 Highway 25 N, Buffalo, MN 55313 (MLS# 5319824)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Year Built: 1984
Yearly/Seasonal: Yearly
Zoning: Agriculture
Foundation Size: 7242
Garage Stalls: Yes
For Sale or Lease: For Sale
Acres: 18.16
Lot Dimensions: 18 AC APPX
Other Parking Spaces: 0

Property Features

Accessible: None Air Conditioning: Central Air Assumable Loan: Not Assumable Basement: None CMU Style: Business Opportunity Construction Status: Previously Owned Current Use: Other Existing Financing: Free and Clear Exterior: Brick/Stone Financing Terms: Conventional Fuel: Natural Gas Heating: Forced Air Lock Box Type: None Lot Description: Irregular Lot; Tree Coverage - Heavy On Site Utilities: Electric Separate; Heating Separate Owner Pays: Electricity; Fuel; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Snow Removal; Trash Collection Parking Characteristics: Uncovered/Open Pool Description: None Road Frontage: City Street Roof: Age Over 8 Years; Flat Sewer: Private Sewer Water: Well

Contract Information

Off Market Date: 2023-01-19
Closed Date: 2023-03-06
Sales Close Price: 1605000
Contingency: None
ListPrice: 2100000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1705
Street Name: Highway 25
Street Direction Suffix: N
Postal City: Buffalo
County: Wright
State: MN
Zip Code: 55313

Building Information

Building Finished SqFt: 10000
Building SqFt: 10000

Lease Details

Land Leased: Not Applicable
Monthly Land Lease Amt: 0

More Information

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 025
Section#: 18
Township#: 120

Sale Options

Sale Includes: Building, Land

Unit Details

Total Units: Yes

Office/Member Info

Association: SPAAR
MLSID: RMLS

Location, Tax and Other Information

Legal Description: Sec-18 Twp-120 Range-025 Unplatted Land Buffalo 18.16 AC TH PRT of S1/2 of NE 1/4 of SE 1/4 & TH PRT Of N 1/2 of SE 1/4 of SE 1/4 LY WLY
Listing City: Buffalo
Map Page: 44
Municipality: Buffalo
Rental License?: No
School District: Buffalo-Hanover-Montrose
School District Phone: 763-682-8707
Map Coordinate Source: RETS
Country: US
Zip Plus 4: 1929
Property ID Number: 103500184402
Tax Year: 2022
Tax Amount: 0
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Rare opportunity to own 18 acres of prime real estate of up-and-coming area of Buffalo! Car counts are 17,000-18,000 a day. With the increase in the county buildings expanding in this area, they expect the car count to go up drastically! 1,400 feet of frontage on State Highway 25. 18 acres could be used for multiple different uses such as, but not limited to,: retail, restaurants, medical, multi-family, and/or residential. Currently zoned Agricultural. City of Buffalo is willing to reconsider rezoning to the buyers use and would consider zoning multiple ways for the right buyer. Current use is Hosanna Lutheran Church.
Directions: JUST NO. OF BUFFALO ON HIGHWAY 25

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Assessments

Assessment Balance: 0
Tax With Assessments: 0

Assumable Loan

Not Assumable: Yes

Basement

None: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Free and Clear: Yes

Exterior

Brick/Stone: Yes

Financing Terms

Conventional: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lock Box Type

None: Yes

Lot Description

Irregular Lot: Yes
Tree Coverage - Heavy: Yes

Owner Pays

Electricity: Yes
Fuel: Yes
Insurance: Yes
Janitorial Service: Yes
Lawn: Yes
Maintenance/Repair: Yes
Snow Removal: Yes
Trash Collection: Yes

Parking Characteristics

Uncovered/Open: Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes

Roof

Age Over 8 Years: Yes
Flat: Yes

Sewer

Private Sewer: Yes

Water

Well: Yes

Income and Expenses

Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

No. of Ranges

One: Yes

No. of Refrigerators

One: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes

CMU Style

Business Opportunity: Yes

Current Use

Other: Yes