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122 Hamel Rd, Hamel, MN, 55340

2beds
4baths
6,000sqft
$549,900
$92price/sqft
$4,517/moest. monthly cost
$180,680/yrincome needed

About This Home

Excellent investment or redevelopment opportunity in the heart of Uptown Hamel. This two-story mixed-use building, built in 1936, is positioned on a 0.33-acre corner lot at Hamel Road and Sioux Drive, offering strong visibility and access within Medina’s Uptown Hamel District. The main level currently features two commercial retail units, both occupied by local businesses, while the upper level includes two apartment units providing additional rental income. The structure shows its age and would benefit from updates and repair, but offers solid bones and versatile zoning (UH – Uptown Hamel District) that supports a wide range of commercial and residential uses. With its classic small-town character, prominent corner location, and mixed-use potential, this property presents a value-add opportunity for an investor, owner-occupant, or developer looking to be part of Hamel’s ongoing revitalization.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

8/10
8/10
10/10
Wayzata High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1936

Materials

  • Roof: Age Over 8 Years,Flat,Tar/Gravel
  • Construction materials: Block,Frame,Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: Other

Interior

Basement

  • Has basement: Yes
  • Basement: Block,Full,Other,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 4,000

Heating

  • Heating features: Boiler

Interior Area

  • Total structure area: 6,000
  • Total interior livable area: 6,000 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1211823410066
  • Zoning description: Business/Commercial,Residential-Multi-Family
  • Foundation area: 2000

Features

  • Levels: Two
  • Pool features: None
  • Fencing: None

Lot

  • Lot size: 0.33 Acres
  • Features: Corner Lot,Tree Coverage - Light
  • Lot size dimensions: 100 x 138 x 119 x 135

Parking

  • Parking features: Parking Lot