Lori Gustafson

117 Memorial Drive Nw

Hoffman, MN
$ 219,900 Beds 3 Baths 2 Sq 1,487
Monthly Estimate* How much can I afford?

Discover a great opportunity with this versatile property—perfect for a business office or a comfortable 3-bedroom ranch-style home. Originally built as a residence and later used as a business, this solid home offers flexibility for either use with minimal updates needed. Nearly 1,500 sq. ft. on the main level features a spacious living area with a beautiful stone fireplace, main-floor laundry hookups, and a full unfinished basement providing plenty of room for expansion. Major exterior updates were completed in 2012, including a new roof, steel siding, windows, and an inviting front porch entry. A newer forced-air furnace adds peace of mind. Enjoy a country-style setting with the convenience of city services. The large, nicely wooded backyard backs up to open farmland, offering privacy and scenic views. Easy access from the main road, paved parking, and a well-maintained drive make this a standout location. Currently classified as commercial non-homestead, the property can be converted back to residential status if desired. Whether for family living or business use, this property offers outstanding potential—schedule your showing today!

Single Family

  • Price
  • $ 219,900
  • City
  • Hoffman
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • GRANT
  • Half Bathrooms
  • 2
  • Area
  • Hoffmans Auditors Sub
  • Lot Size
  • 0.57 Acres
  • Zip
  • 56339
  • Sqr Footage
  • 1,487
  • Year Built
  • 1979
  • Taxes
  • $ 4264
  • Style
  • Single Family
  • MLS#
  • 6812979
Listed By: Century 21 First Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1487
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Fuel Tank - Rented,Gas Water Heater
Garage Spaces 1
Construction Materials Frame
Year Built 1979
Electric 200+ Amp Service
Levels One
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Grant
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Hoffmans Auditors Sub
Full Baths 1
Directions Hoffman,From Hwy 27,South on Hwy 55 (N Memorial Drive) to property on west side.
City Hoffman
High School District West Central Area
Zoning Description Business/Commercial,Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4264
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Window,Main Floor Primary Bedroom,Porch,Washer/Dryer Hookup
PostalCity Hoffman

Interior Features

Basement Block,Full,Storage Space,Sump Basket,Sump Pump,Unfinished
Total Fireplaces 1
Fireplace Features Full Masonry,Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1487
Half Baths 2
Laundry Features Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup
Total Bedrooms 3
Total Baths 3
Bath Desc Full Primary,Main Floor 1/2 Bath,Main Floor Full Bath
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Fuel Propane
Garage Dimensions 16x24
Garage Door Width 7
Garage Square Feet 384

Exterior Features

Parking Features Attached Garage,Asphalt,Parking Lot,Paved Lot
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.57
Building Area Total 2974
Lot Dimensions 125x200x125x200
Waterfront Y/N No
Foundation Area 1487
Road Frontage Type Paved Streets,State Road
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/4/2025 Listed $249,900
4/10/2026 5% - $239,900
6/19/2026 9% - $219,900

Property vs Zip Code Average in 56339

Price
AVG $210K
$220K
Taxes
AVG $2,043
$4,264
Year Built
AVG 1962
1979
Visits
AVG 31
112
Data Provided by Inside Real Estate®

Areas That We Cover

117 Memorial Drive Nw Hoffman, MN is a Single Family Home for sale at $219900 with 1487 sqft and a lot size of 0.57 Acres Acre(s). 117 Memorial Drive Nw Hoffman has 3 bedrooms, 1 baths and was built in 1979. The property's zip code is 56339 which is in Hoffman, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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