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Sold for $230,000
Sold for $230,000
114 E Main St Pipestone, MN 56164
$230,000
CLOSEDBeds
Baths
Sqft
Acres
0.09
Year
1928
Close Date
Oct 27, 2025
Property Type
Commercial Sale
Sub Type
Date Listed
Jul 3, 2025
Description of 114 E Main St, Pipestone, MN 56164
Listing details for 114 E Main St, Pipestone, MN 56164 : Commercial mixed-use investment opportunity in Pipestone. Own one of the historic buildings of downtown Pipestone. Mixed use building with 12 apartments (most are occupied and rents range from $300 to $500 per month). In addition to the rental units, there are 4 commercial units that are currently vacant. You can rent them out and immediately increase your cash flow! All units metered separately. Coin operated laundry on site for additional income. Newer boiler and brand new hot water heater. Rubber roof installed about 10 years ago. Solid foundation and a sturdy building that just needs some TLC.
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Listing Updated : 08-25-2026 at 12:50 AM CDT
Property Details
Property Overview
Listing Price
$310,000
MLS #ID
6749449
Close Price
$230,000
Close Date
Oct 27, 2025
Bedrooms
Bathrooms
Square Footage
Acres
0.09
Year
1928
Days on Site
34 Days
Property Type
Commercial Sale
Property Sub Type
Price per Sq Ft
$0
Date Listed
Jul 3, 2025
Location
Street Address
114 E Main St
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
From highway 23, turn west on Main St, building is at the corner of Main and 2nd Ave SE
Schools
School District
Construction / Architecture
Year Built
1928
Foundation
8 ft+ Pour
Roof
Age Over 8 Years and Rubber
New Construction
No
Price per Sq Ft
$0
Lot Features
Corner Lot
Lot Size (Acres)
0.09
Lot Dimensions
27x150
Interior Details
Appliances
Range and Refrigerator
Flooring
Wood
Fireplace
No
Heating
Boiler
Cooling
Window Unit(s)
Exterior Details
Garage
No
Parking Features
On-Street Parking Only
Exterior Features
Stone
Fencing
None
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$3,980.00
HOA Fee Includes
None
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Properties displayed may be listed or sold by various participants in the MLS
Source
NorthstarMLS as distributed by MLS GRID, MLS#: 6749449
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Property History
DateEventPrice
10/27/2025
Sold
$230,000
Source:NorthstarMLS #NST6749449
NorthstarMLS #NST6749449 7/3/2025
Listed for sale
—
Source:NorthstarMLS #NST6749449
NorthstarMLS #NST6749449Location of 114 E Main St, Pipestone, MN 56164
Streetview of 114 E Main St, Pipestone, MN 56164
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Based on information submitted to the MLS GRID as of 2026-08-25. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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