$1,500,000

Preserved to great lengths this Trade and Commerce Building is listed in the National Register of Historic Places. Built in 1890 by railroad owner Henry D. Minot, it later housed the city's offices and is referred to as "Old City Hall" and was at one time an old police station and jail. It currently houses local spots for coffee, lunch, dinner, a signature cocktail, live music, massage, retail and also hosts a few other businesses. The fourth floor was the location for a wedding reception in the past with dual bathrooms and a water fountain. The potential is endless with the fourth and fifth floor ready for your creative ideas. Possibly a loft (s), reception area, additional offices, short-term rental or a boutique hotel. The property also features ample parking and an outdoor green space common area, which is currently set up with tables and a bar. The structure is built out of sandstone blocks from the Kettle River quarry near Sandstone, MN and features many updates including; 90% windows replacement in 5 story section, 98% replacement in the two story section, both rubber roofs, main sewer grinder pump, electrical, plumbing, plus much more. The building is located in a HUB zone for possible funding needs. Own a piece of history and check it out in person to fully appreciate the preservation of this historic icon.