Property Description Former Bank Building turned attorney offices, now two apartments upstairs, retail on main and decades of barbershops in the basement. Located on a quiet downtown corner across the street from government offices. Large main floor has been a "living suite" with kitchen, private half bath in the past, could be converted back with addition of a shower?... Check out the Large walk in vault, reception room, work room, executive offices with multiple built ins and beautiful library/conference room with original marble fireplace. Lower level holds space for barber with private access and beauty shop with two 1/2 baths. Storage opportunities throughout or convert some to spa treatment rooms or a building laundry room. Charming spaces. Great opportunity for an owner operator with income potential plus live on site or if you have investment savvy visions this property is for you.... check out the virtual 3D tour and call for a viewing appointment today.
Details
Maps
Contract Information
Status: Active
Current Price: 280000
Contingency: None
ListPrice: 280000
List Date: 2026-02-07
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1901
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Bedrooms: 5
Baths Total: 5
Foundation Size: 2500
For Sale or Lease: For Sale
Acres: 0.05
Lot Dimensions: 2500
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 201
Street Name: 4
Street Suffix: Street
Street Direction Suffix: SW
Postal City: Willmar
County: Kandiyohi
State: MN
Zip Code: 56201
Assessments
Tax With Assessments: 2340
Basement
Foundation Dimensions: 50x50
Building Information
Building Finished SqFt: 7500
Building SqFt: 7500
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Land
Unit 1
Unit Number: 4
Monthly Rent: 850
Full Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 4
Level: 2nd Level
Leased?: Yes
Lease Expiration Date: 2026-03-31
No. of 1 Bedroom Units: 1
Unit 2
No. of 2 Bedroom Units: 1
Full Baths: 1
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: 2nd Level
Monthly Rent: 850
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 4
Unit Number: 5
Unit 3
Half Baths: 1
Leased?: No
Level: Main Level
Monthly Rent: 750
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 9
Unit Number: 1
Unit 4
Half Baths: 1
Leased?: No
Level: Below Ground
Monthly Rent: 450
Total Bathrooms: 1
Total Rooms: 1
Unit Number: 2
Unit 5
Half Baths: 1
Leased?: No
Level: Below Ground
Monthly Rent: 350
Total Bathrooms: 1
Total Rooms: 2
Unit Number: 3
Unit Details
Total Units: 5
Property Features
Accessible: None
Air Conditioning: Central Air
Basement: Partially Finished; Shared Access; Single Tenant Access
CMU Style: Other
Construction Materials: Block; Brick
Construction Status: Previously Owned
Current Use: Beauty/Barber Shop; Commercial; Office; Other; Professional Service; Residential; Retail
Exterior: Block; Brick/Stone
Foundation: Combination; Concrete Block; Stone
Fuel: Electric; Natural Gas
Heating: Baseboard; Forced Air
Internet Options: Cable
Loan Terms: Cash; Contract for Deed; Conventional; Special Funding; Other
Location Description: Downtown
Lock Box Type: Combo
Lot Description: Corner Lot
On Site Utilities: Electric Separate; None Available