Stillwater, MN 55082

$2,100,000

Property Type: Commercial Baths: 2 Square Footage: 9,462 Lot Size (sq. ft.): 2,614 Status: Closed

Current Price: $2,100,000 List Date: 4/27/2026 Last Modified: 8/27/2026

Overview

Description

Position your investment in the heart of one of Minnesota’s most desirable riverfront communities.? 125 Main Street presents a rare opportunity to acquire a fully leased mixed-use asset in downtown Stillwater, offering stable in-place income and long-term upside.? The property features a dynamic blend of street-level commercial space and upper-level units, creating a diversified revenue stream supported by strong tenant demand.? Located along iconic Main Street, the building benefits from consistent pedestrian traffic, a vibrant tourism economy, and proximity to Stillwater’s renowned shops, restaurants, and waterfront attractions.? With its historic charm, high visibility, and prime positioning within a tightly held market, this asset offers both immediate cash flow and future appreciation potential.? Opportunities to own on Main Street are limited—making this an ideal addition to any investment portfolio.?

Listing Details MLS# 7062607

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront YN: No
Year Built: 1887
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 3000
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.06
Lot Dimensions: 30 x 100
Assessment Pending: Unknown

Property Features

Accessible: None Air Conditioning: Central Air Assumable Loan: Not Assumable CMU Style: Common Wall Construction Materials: Block; Brick; Concrete; Frame Construction Status: Previously Owned Current Use: Commercial; Residential Existing Financing: Conventional Exterior: Brick/Stone Fencing: None Financing Terms: Conventional Flooring: Heavy Duty; Wood Foundation: Brick/Mortar; Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Loan Terms: Cash; Conventional Location Description: Downtown Lock Box Type: None Lot Description: Zero Lot Line On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Pool Description: None Roof: Age Over 8 Years; Flat; Rubber Sewer: City Sewer/Connected Stories: Two Topography: Flood Plain Wall Description: Concrete/Block; Drywall; Metal Water: City Water/Connected

Contract Information

Off Market Date: 2026-06-22
Closed Date: 2026-06-30
Sales Close Price: 2100000
Contingency: None
ListPrice: 2100000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Stillwater
County: Washington
State: MN
Zip Code: 55082
Complex/Dev/Subdivision: Stillwater

Assessments

Tax With Assessments: 32300

Basement

Foundation Dimensions: 30x100

More Information

Building Information

Building Finished SqFt: 6462
Building SqFt: 9462
Ceiling Height: Varied Heights

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 20
Section#: 28
Township#: 30

Sale Options

Sale Includes: Building, Leases

Unit 1

Unit Number: Suite 1
Half Baths: Yes
Total Bathrooms: Yes
Total Rooms: 3
Level: Main Level
Unit Total SqFt: 2000
Lease Expiration Date: 2027-02-28

Unit 2

No. of 2 Bedroom Units: Yes
Half Baths: Yes
Lease Expiration Date: 2028-06-30
Leased?: Yes
Level: 2nd Level
Total Bathrooms: Yes
Unit Number: 2
Unit Total SqFt: 2167

Unit Details

Total Units: 3

Listing Office: Metro East Commercial Real Estate

Last Updated: August - 27 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

, Stillwater, MN 55082 (MLS# 7062607)