1618 BROADWAY ~ WHEATON ~ $650,000 ~ PRICE REDUCED

(Former Traverse Electric Cooperative Inc. Property)

FORMER TRAVERSE ELECTRIC COOPERATIVE, INC. BUILDING – 1618 BROADWAY, WHEATON, MN

PARCEL #S: 23-0784000 (OFFICE BLDG) & 23-0899000 (WEST SHOP, BACK SHOP & LOT)

LEGAL DESCRIPTIONS: LOT ONE (1), BLOCK TWO (2), PARK VIEW ADDITION (#23-0784000) AND A TRACT IN THE SOUTHWEST CORNER OF LOT 24, AUDITOR’S PLAT 13 (#23-0899000), CITY OF WHEATON, TRAVERSE COUNTY, MINNESOTA

LOT SIZES: 280 X 293 FEET (MAIN OFFICE BUILDING) AND APPROXIMATELY 4.48 ACRES (2 SHOPS & BACK LOT)

YEAR BUILT: 1953 – MAIN OFFICE BUILDING

DIMENSIONS: MAIN OFFICE BUILDING – 43 X 66’, 16 X 44’ AND 18 X 66’ WITH 41 X 44’ (16’ SIDEWALLS) & 72 X 44’ ATTACHED GARAGES; HEATED SHOP TO THE WEST – 100 X 50’ W/ 16’ SIDEWALLS (2012); 40 X 60’ CAR SHELTER; 50 X 80’ SHOP TO NORTH; BACK LOT W/ 210 FOOT CHAIN LINK FENCE

ADDITIONAL INFO: HERE IS A COMMERCIAL PROPERTY IN A GREAT LOCATION ON MAIN STREET ON THE WEST END OF WHEATON, WHICH INCLUDES A MAIN OFFICE BUILDING, NEWER HEATED SHOP, ANOTHER SHOP & A LARGE GRAVEL FENCED-IN BACK LOT.  THE MAIN BUILDING HAS A FRONT LOBBY WITH A RECEPTION AREA, MANY OFFICES AND EXTRA DESK SPACES, BOARDROOM, BREAKROOM, 2 RESTROOMS, AN OLD VAULT & SEVERAL CLOSETS.  THERE IS ALSO AN ATTACHED 3-CAR HEATED GARAGE/SHOP W/ ADDITIONAL OFFICE SPACE, A RESTROOM, FLOOR DRAINS, WATER, LARGE ELECTRICAL SYSTEM & PROPANE BACK-UP GENERATOR.  ATTACHED ON THE NORTH IS ANOTHER 3-CAR DRIVE-THROUGH GARAGE.  THE SHOP TO THE WEST IS A STEEL BUILDING W/ 16’ SIDEWALLS, 4 OVERHEAD DOORS, AN OFFICE, BREAKROOM, UTILITY ROOM AND RESTROOM.  A VERY VERSATILE PROPERTY!!

2023 REAL ESTATE TAXES: $14,838 – PUBLIC UTILITY BUILDING – INCLUDES $70 SOLID WASTE FEE (WILL BE CLASSED AS COMMERCIAL FOR THE 2024 PROPERTY TAXES)

LISTED PRICE: $650,000

******Information believed to be accurate; however, buyer’s decisions must be based upon their own examination and investigation, as broker cannot be liable for inaccurate information provided to him.******