428 Chestnut St, Virginia, MN 55792

$64,000
Property Type: Commercial Lot Size (sq. ft.): 2,614 Status: Closed
Current Price: $64,000 List Date: 1/19/2026 Last Modified: 4/08/2026

Overview

Description

This is a phenomenal investor opportunity! Storefront with large garage in back of building. Large 3 bedroom apartment upstairs, tons of space, including a great family area. Main level was a storefront and could be used as rental, offices, storefront, shop or anything that works for your entrepreneurial dreams! Lower level primarily used for storage previously. Owner financing considered with minimum of $20k down.

Listing Details MLS# 7010122

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1908
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
3000
Garage Stalls
2
For Sale or Lease
For Sale
Acres
0.06
Lot Dimensions
120x25
Assessment Pending
No
Other Parking Spaces
0

Property Features

Accessible: None CMU Style: Business Opportunity Construction Status: Previously Owned Current Use: Other Exterior: Brick/Stone Financing Terms: Cash Foundation: Stone Fuel: Other Heating: Steam Loan Terms: Cash; Conventional On Site Utilities: Electric Separate; Heating Separate Potential Use: Grocery; Income; Office; Professional; Retail; Shop Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Off Market Date
2026-03-25
Closed Date
2026-04-07
Sales Close Price
64000
Contingency
None
ListPrice
79900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
428
Street Name
Chestnut St
Postal City
Virginia
County
St. Louis
State
MN
Zip Code
55792

Assessments

Tax With Assessments
1830
Assessment Balance
0
Assessment Installment
0

Basement

Foundation Dimensions
120X25

More Information

Building Information

Building Finished SqFt
5000
Building SqFt
9000

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
22X18
Garage Square Feet
396

Public Survey Info

Range#
17
Section#
8
Township#
58

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes

Unit Details

Total Units
2

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
LOT: 0014 BLOCK:024; VIRGINIA
Listing City
Virginia
Map Page
999
Municipality
Virginia
Property ID Number
090001005340
Tax Year
2025
Tax Amount
1830
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This is a phenomenal investor opportunity! Storefront with large garage in back of building. Large 3 bedroom apartment upstairs, tons of space, including a great family area. Main level was a storefront and could be used as rental, offices, storefront, shop or anything that works for your entrepreneurial dreams! Lower level primarily used for storage previously. Owner financing considered with minimum of $20k down.
Directions
On main street in Virginia

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Financing Terms

Cash
Yes

Foundation

Stone
Yes

Fuel

Other
Yes

Heating

Steam
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Separate
Yes
Heating Separate
Yes

CMU Style

Business Opportunity
Yes

Current Use

Other
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Potential Use

Grocery
Yes
Income
Yes
Office
Yes
Professional
Yes
Retail
Yes
Shop
Yes
Listing Office: My Place Realty, Inc.
IDX
Last Updated: April - 08 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.