101 S Main St - Retail FOR SALE


Pine Island, MN 55963
$350,000 USD
952-226-7700
101 S Main St, Pine Island, MN for Sale
$350,000 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

101 S Main St
Pine Island, MN 55963


OVERVIEW

Come see this stunning commercial building located in the heart of Pine Island in a prime location. This building offers two tenants in place and currently is rented with the option to rent one additional front unit. Updates include new ramp in the rear of the building, newly paved parking lots and a newer retaining wall. This is building offers a great location and opportunity to own a building in the heart of the city. Upper level is currently rented on a month to month lease. Original owners and still renting month to month at 1,200 per month. Lower is rented at $670 per month. Front office space is still available to renter and was a former Insurance agency. Updates include: Added larger paved Parking lot in rear and side of building new handrail Handicap ramp in back Separated lobby entrance in rear New retaining wall

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$87 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,649 SF

ZONING

-

APN/PARCEL ID

68.100.1280

ASK ABOUT THIS PROPERTY

Mark AbdelRE/MAX Advantage PlusMore Info
952-226-7700

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Mark AbdelRE/MAX Advantage PlusMore Info
952-226-7700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.