235 Echo Circle SE, Hutchinson, MN 55350

$2,450,000
Property Type: Commercial Lot Size (sq. ft.): 351,529 Status: Closed
Current Price: $2,450,000 List Date: 5/08/2025 Last Modified: 12/04/2025

Overview

Description

Welcome to an impeccably renovated property that epitomizes quality and care. With 12 units already beautifully updated in the past six months and the final six beginning renovations on June 1st, this property offers extensive modern enhancements. Enjoy peace of mind with newly run electrical lines to the garages, fresh garage doors and openers, new siding, and a sturdy new roof. Each deck has been meticulously redone, featuring new railings and waterproof flooring. Inside, you'll find freshly renovated units boasting new flooring, cabinets, and countertops. Kitchens have been opened up for a modern feel, eliminating outdated drop ceilings. Additional upgrades include new trim, doors, vanities, mirrors, and resurfaced bathtubs with new hardware. Enhanced lighting and electrical outlets complement the mostly new air conditioners, ensuring comfort and efficiency. Five units also feature charming electric fireplaces. This property promises a refined living experience with outstanding attention to detail and exceptional upgrades throughout.

Listing Details MLS# 6717968

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
10
Owner Occupied
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
4500
Garage Stalls
18
For Sale or Lease
For Sale
Acres
8.07
Lot Dimensions
32x29x232x297x229

Property Features

Accessible: None Air Conditioning: Wall Unit(s) CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Vinyl Financing Terms: Conventional Flooring: Carpet; Luxury Vinyl Tile Fuel: Electric Heating: Baseboard Location Description: Free Standing On Site Utilities: Electric Separate Owner Pays: Common Area Maintenance; Grounds Care; Insurance; Lawn; Lawn; Sewer; Trash Collection; Water Pool Description: None Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Off Market Date
2025-11-15
Closed Date
2025-12-03
Sales Close Price
2450000
Contingency
None
ListPrice
2550000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
235
Street Name
Echo
Street Suffix
Circle
Street Direction Suffix
SE
Postal City
Hutchinson
County
McLeod
State
MN
Zip Code
55350
Complex/Dev/Subdivision
Cedar Acres Sub

Assessments

Tax With Assessments
23350
Assessment Balance
0

Building Information

Building Finished SqFt
9000

More Information

Income and Expenses

Annual Gross Income
268872

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit 1

No. of 1 Bedroom Units
Yes

Unit 2

No. of 2 Bedroom Units
17

Unit Details

Total Units
18

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
CEDAR ACRES SUB LOT-004 BLOCK-002
Listing City
Hutchinson
Map Page
999
Municipality
Hutchinson
School District
Hutchinson
School District Phone
320-587-2860
Zip Plus 4
7510
Property ID Number
232140050
Tax Year
2024
Tax Amount
23350
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Welcome to an impeccably renovated property that epitomizes quality and care. With 12 units already beautifully updated in the past six months and the final six beginning renovations on June 1st, this property offers extensive modern enhancements. Enjoy peace of mind with newly run electrical lines to the garages, fresh garage doors and openers, new siding, and a sturdy new roof. Each deck has been meticulously redone, featuring new railings and waterproof flooring. Inside, you'll find freshly renovated units boasting new flooring, cabinets, and countertops. Kitchens have been opened up for a modern feel, eliminating outdated drop ceilings. Additional upgrades include new trim, doors, vanities, mirrors, and resurfaced bathtubs with new hardware. Enhanced lighting and electrical outlets complement the mostly new air conditioners, ensuring comfort and efficiency. Five units also feature charming electric fireplaces. This property promises a refined living experience with outstanding attention to detail and exceptional upgrades throughout.
Directions
North on 15, East on Freemont, North on Echo Dr, and East on Echo Circle.

Accessible

None
Yes

Air Conditioning

Wall Unit(s)
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Financing Terms

Conventional
Yes

Flooring

Carpet
Yes
Luxury Vinyl Tile
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes

Owner Pays

Common Area Maintenance
Yes
Grounds Care
Yes
Insurance
Yes
Lawn
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Patio, Porch and Deck Features

Covered
Yes
Deck
Yes

Pool Description

None
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

One Per Unit
Yes

No. of Refrigerators

One Per Unit
Yes

Tenant Pays

Electricity
Yes

On Site Utilities

Electric Separate
Yes

CMU Style

Apartments/Multi Family
Yes

Current Use

Residential
Yes

Location Description

Free Standing
Yes
Listing Office: Rize Realty
IDX
Last Updated: December - 04 - 2025
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