2 Division Street E, Buffalo, MN 55313 (MLS# 6805394)


$1,300,000
2 Division Street E
Buffalo, MN 55313
MLS# 6805394
Status: Closed



2 Division Street E, Buffalo, MN 55313
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2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313 2 Division Street E, Buffalo, MN 55313

Property Description
Highlights: -Best location in downtown Buffalo with scenic lake views! -Ample off-street, city-maintained parking (44 off-street municipal stalls). Minimal snow removal responsibilities (only sidewalk behind building). -Beautiful brick exterior, high ceilings, and great windows! -Tenants and income in place! -4 out of 6 units are currently occupied, and seller willing to lease back one of the vacant units for up to a year. -Opportunity for owner-user or an investor -Easy access to other downtown retail, coffee shops, and restaurants -HVAC: 2 furnaces (1) replaced in 2025, other replaced in 2004. 2 rooftop A/C units both installed in 2004 -Building renovated in 2004 -Each unit is separately metered for gas and electric -Tenants reimburse landlord for utilities, and most tenants reimburse landlord for their pro rata share of property taxes -B-5 Central Business District Zoning allows for most office and retail uses

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2025-11-12
Current Price: 1200000
Closed Date: 2026-01-09
Sales Close Price: 1200000
Contingency: None
ListPrice: 1300000
List Date: 2025-10-16
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 44
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1888
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 5220
Lake/Waterfront Name: Buffalo
For Sale or Lease: For Sale
Acres: 0.12
Lot Dimensions: 60x90
Location Tax and Other Information
House Number: 2
Street Name: Division
Street Suffix: Street
Street Direction Suffix: E
Postal City: Buffalo
County: Wright
State: MN
Zip Code: 55313
Complex/Dev/Subdivision: Original Buffalo
Assessments
Tax With Assessments: 28038
Building Information
Building Finished SqFt: 10440
Building SqFt: 10440
Ceiling Height: 8-10
Income and Expenses
Annual Gross Expenses: 63951
Annual Gross Income: 171282
Annual Net Income: 107331
Lake Details
Lake Acres: 1551
Lake Depth: 33
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 25
Section#: 30
Township#: 120
Sale Options
Sale Includes: Building, Land
Unit Details
Total Units: 6
Property Features
Accessible: Doors 36"+; Grab Bars In Bathroom; Hallways 42"+
Air Conditioning: Central Air
Amenities Unit: Balcony; Panoramic View
Assumable Loan: Not Assumable
CMU Style: Office; Retail/Shopping Center
Construction Materials: Brick; Concrete
Construction Status: Previously Owned
Current Use: Business Service; Commercial; Office; Professional Service; Retail
Existing Financing: Conventional
Exterior: Brick/Stone
Financing Terms: Conventional
Flooring: Carpet; Luxury Vinyl Plank; Tile
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Cable; Fiber Optic
Loan Terms: Cash; Conventional
Lot Description: Corner Lot
On Site Utilities: Electric Separate; Heating Separate; Hot Water Common
Owner Pays: Common Area Maintenance; Exterior Maintenance; Hot Water; Janitorial Service; Janitorial Service; Maintenance/Repair; Management; Repairs; Roof Maintenance
Parking Characteristics: Parking Lot
Potential Use: Income; Office; Professional; Retail
Road Frontage: City Street; Paved Streets; Sidewalks; Street Lights
Roof: Age Over 8 Years; Flat; Rubber
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Fuel; Gas; Heat; Taxes; Trash Collection
Topography: Walkout
Wall Description: Concrete/Block
Water: City Water/Connected
Waterfront View: Lake
Window Features: Double Pane Windows

Listing Office: Keller Williams Premier Realty Lake Minnetonka

Last Updated: February - 03 - 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.

Wednesday 3rd of June 2026 12:43 PM

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