Zane Petersen
Coldwell Banker Realty
(763) 251-9059
27 Total Sales
3 in Medina
$520K - $650K Price Range
122 Hamel Rd Hamel, MN 55340
Medina Area
2
Beds
4
Baths
4,000
Sq Ft
0.33
Acre Lot
Highlights
- Corner Lot
- Greenwood Elementary School Rated A+
- 4-minute walk to Hamel Legion Park
About This Home
As of July 2026Excellent 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.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,710
Year Built
- Built in 1936
Lot Details
- Lot Dimensions are 100x138x119x135
- Corner Lot
- Few Trees
Parking
- Parking Lot
Home Design
- Flat Roof Shape
- Block Foundation
- Frame Construction
- Tar and Gravel Roof
- Block Exterior
- Stucco Exterior
- Stone
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 4 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Utilities
- Boiler Heating System
- 100 Amp Service
Community Details
- 4 Units
- Plat Of Hamel Subdivision
Listing and Financial Details
- The owner pays for electricity, gas, heat, insurance, sewer, taxes, water
- Assessor Parcel Number 1211823410066
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 1, 2008
Sold by
Bought by
Purchase Details
Closed on
Jan 1, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hamel, MN
-
Zane Petersen
-
Jeremy Glass
Jeremy Glass
Edina Realty, Inc.
(612) 800-8445
25 Total Sales
1 in Medina
$360,000 Price
-
Darcy Board
Darcy Board
Real Broker, LLC
(763) 225-2107
114 Total Sales
1 in Medina
$1,175,000 Price
-
Ryan Johnson
Ryan Johnson
Pemberton RE
(612) 453-4719
124 Total Sales
1 in Medina
$770,000 Price
-
Jeff Vanderlinde
Jeff Vanderlinde
Responds QuicklyVanderlinde Group | Edge Realty, Inc.
(612) 448-3557
466 Total Sales
4 in Medina
$355K - $935K Price Range
-
Gregory Hiniker
Gregory Hiniker
Realty Inc
(612) 260-9897
65 Total Sales
1 in Medina
$800,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $387,000 | -- | |
| Warranty Deed | $145,000 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2026 07/02/26 | Sold | $515,000 | -6.3% | $129 / Sq Ft |
| 05/22/2026 05/22/26 | Pending | -- | -- | -- |
| 04/16/2026 04/16/26 | Price Changed | $549,900 | -7.6% | $137 / Sq Ft |
| 11/03/2025 11/03/25 | For Sale | $595,000 | +15.5% | $149 / Sq Ft |
| 10/31/2025 10/31/25 | Off Market | $515,000 | -- | -- |
| 10/22/2025 10/22/25 | For Sale | $595,000 | -- | $149 / Sq Ft |
Source: NorthstarMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,141 | $452,000 | $144,000 | $308,000 |
| 2024 | $9,710 | $458,000 | $144,000 | $314,000 |
| 2023 | $8,917 | $425,000 | $144,000 | $281,000 |
| 2022 | $9,569 | $165,000 | $70,000 | $95,000 |
| 2021 | $9,595 | $154,000 | $63,000 | $91,000 |
| 2020 | $9,513 | $376,000 | $130,000 | $246,000 |
| 2019 | $9,197 | $141,000 | $60,000 | $81,000 |
| 2018 | $9,036 | $134,000 | $57,000 | $77,000 |
| 2017 | $8,474 | $300,000 | $104,000 | $196,000 |
| 2016 | $8,611 | $292,000 | $96,000 | $196,000 |
| 2015 | $8,881 | $288,000 | $92,000 | $196,000 |
| 2014 | -- | $288,000 | $92,000 | $196,000 |
Source: Public Records
Agents Affiliated with this Home
-
George Jacob
Seller's Agent in 2026
George Jacob
The Realty House
(612) 867-6783
40 Total Sales
-
Rebekah Gran
Buyer's Agent in 2026
Rebekah Gran
Edina Realty, Inc.
(612) 817-8751
116 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6808973
APN: 12-118-23-41-0066
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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