225 Water Street, Jordan, MN 55352 (MLS# 7049421)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: Yes
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1870
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 1681
Garage Stalls: Yes
For Sale or Lease: For Sale
Acres: 0.07
Assessment Pending: No
Lot Dimensions: No

Property Features

Accessible: None Air Conditioning: Central Air; Window Unit(s) Amenities Unit: Ceiling Fan(s); City View; Deck; Hardwood Floors; Kitchen Center Island; Kitchen Window; Primary Bedroom Walk-In Closet; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Range; Refrigerator; Trash Compactor; Washer; Water Filtration System; Water Osmosis System Assumable Loan: Not Assumable Basement: Full; Storage Space; Unfinished CMU Style: Apartments and Retail; Business Opportunity; Freestanding; Mixed Use; Office; Other; Retail/Shopping Center Construction Materials: Brick Construction Status: Previously Owned Current Use: Business Service; Commercial; Retail Existing Financing: Conventional Exterior: Brick/Stone Fencing: Other Flooring: Tile; Wood Foundation: Combination Fuel: Natural Gas Heating: Boiler; Forced Air; Radiator Loan Terms: Conventional; Special Funding; Other Location Description: Downtown; Free Standing Lock Box Type: Combo Miscellaneous Information: 2+ Lavatories; Alley; Display Window; Kitchen Facilities On Site Utilities: Electric Separate; Heating Common; Hot Water Common Owner Pays: All Utilities; Lawn; Lawn; Repairs; Taxes Parking Characteristics: Finished Garage; Parking Lot; Paved Lot Pool Description: None Potential Use: Diversified; Income; Lounge/Bar; Office; Other; Professional; Rest/Lounge; Restaurant; Retail; Shop Road Frontage: City Street; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Flat; Rubber; Tar/Gravel Sewer: City Sewer/Connected Stories: Two Tenant Pays: Security; Snow Removal Topography: Level Wall Description: Drywall; Wood Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 575000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 225
Street Name: Water
Street Suffix: Street
Postal City: Jordan
County: Scott
State: MN
Zip Code: 55352
Complex/Dev/Subdivision: City Of Jordan

Assessments

Tax With Assessments: 8162
Assessment Balance: 0

Building Information

Building Finished SqFt: 3362
Building SqFt: 4534
Ceiling Height: 11-15

More Information

Income and Expenses

Annual Electric Expense: 3692
Annual Fuel Expense: 1687
Annual Gross Income: 34500
Annual Insurance Expense: 5500
Annual Repair Expense: 500
Annual Trash Expense: 174
Annual Water/Sewer Expense: 1311
Total Annual Expenses: 14000

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No
2+ Lavatories: Yes
Alley: Yes
Display Window: Yes
Kitchen Facilities: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 263
Finished Garage: Yes
Parking Lot: Yes
Paved Lot: Yes

Sale Options

Sale Includes: Building, Land

Unit 1

Unit Number: Yes
Monthly Rent: 1200
Half Baths: Yes
Total Bathrooms: Yes
Total Rooms: 2
Level: Main Level
Unit Total SqFt: 765
Leased?: Yes
Lease Expiration Date: 2026-06-01

Unit 2

No. of 2 Bedroom Units: Yes
Full Baths: Yes
Lease Expiration Date: 2026-08-01
Leased?: Yes
Level: 2nd Level
Monthly Rent: 1200
Total Bathrooms: Yes
Total Bedrooms: 2
Total Rooms: 7
Unit Number: 2
Unit Total SqFt: 1794

Unit Details

Total Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: SUBDIVISIONNAME CITY OF JORDAN BLOCK 003 SUBDIVISIONCD 22002 E 35' OF 7 & P/O 6 LYING W OF LINE COM SE COR OF 6, N 36', NW 64.46', SW 33.97' TO POB, NE 33.97', NE 30.91', N 11.56' NW 3.70', N 4.50', NW 2.84', N 38.58' & THERE TERMINATING
Listing City: Jordan
Map Page: 173
Municipality: Jordan
School District: Jordan
School District Phone: 952-492-6200
Zip Plus 4: 1518
Property ID Number: 220020240
Tax Year: 2026
Tax Amount: 8162
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Beautifully Renovated historic mixed-use building on Water Street in downtown Jordan featuring commercial space and an on-site apartment. Classic character, modern improvements, and a prime walkable location make this a standout opportunity for owner-users or investors. Ideal for office, retail, or service-oriented use. On-site apartment provides flexibility or rental income. Current occupant is interested in remaining. Prominent downtown location with strong visibility. A unique opportunity to own a renovated piece of Jordan's history. Agent to verify all information.
Directions: Broadway / Hwy 21 to Water Street.

Accessible

None: Yes

Air Conditioning

Central Air: Yes
Window Unit(s): Yes

Amenities Unit

Ceiling Fan(s): Yes
City View: Yes
Deck: Yes
Hardwood Floors: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Primary Bedroom Walk-In Closet: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet: Yes
Washer/Dryer Hookup: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Trash Compactor: Yes
Washer: Yes
Water Filtration System: Yes
Water Osmosis System: Yes

Assumable Loan

Not Assumable: Yes

Basement

Full: Yes
Storage Space: Yes
Unfinished: Yes

Construction Materials

Brick: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Conventional: Yes

Exterior

Brick/Stone: Yes

Fencing

Other: Yes

Flooring

Tile: Yes
Wood: Yes

Foundation

Combination: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes
Forced Air: Yes
Radiator: Yes

Lock Box Type

Combo: Yes

Owner Pays

All Utilities: Yes
Lawn: Yes
Repairs: Yes
Taxes: Yes

Patio, Porch and Deck Features

Deck: Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes
Paved Streets: Yes
Sidewalks: Yes
Storm Sewer: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Flat: Yes
Rubber: Yes
Tar/Gravel: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Topography

Level: Yes

Wall Description

Drywall: Yes
Wood: Yes

Water

City Water/Connected: Yes

No. of Ranges

One: Yes

No. of Refrigerators

One: Yes

Tenant Pays

Security: Yes
Snow Removal: Yes

On Site Utilities

Electric Separate: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Apartments and Retail: Yes
Business Opportunity: Yes
Freestanding: Yes
Mixed Use: Yes
Office: Yes
Other: Yes
Retail/Shopping Center: Yes

Current Use

Business Service: Yes
Commercial: Yes
Retail: Yes

Loan Terms

Conventional: Yes
Special Funding: Yes
Other: Yes

Location Description

Downtown: Yes
Free Standing: Yes

Potential Use

Diversified: Yes
Income: Yes
Lounge/Bar: Yes
Office: Yes
Other: Yes
Professional: Yes
Rest/Lounge: Yes
Restaurant: Yes
Retail: Yes
Shop: Yes