1230 State St N - Storefront FOR SALE


Waseca, MN 56093
$4,500,000 USD
651-343-1889
1230 State St N, Waseca, MN for Sale
$4,500,000 USD
Storefront - FOR SALE
1/9
null | Request Cap Rate

1230 State St N
Waseca, MN 56093


HIGHLIGHTS

  • Available for sale or lease.

OVERVIEW

Unbeatable Retail Opportunity in Waseca, MN! Discover an incredible retail investment at 1270 1234 1230 N State Street, Waseca, MN. This owner-occupied property is priced significantly below replacement cost, presenting a rare chance for savvy buyers. Positioned alongside Bomgaars Fleet and Farm, a national tenant, the site offers versatile options for conversion, from self-storage to medical offices or education facilities. Situated on the bustling North State Street, the location boasts the highest traffic counts in town, with immediate access to junior and senior high schools, ensuring a steady stream of potential customers. Surrounding retailers like Walmart, Verizon, and McDonald's underscore the area's commercial vibrancy. Encompassing a total of 43,693 sq ft, the property includes diverse units such as Elevate Eyecare, a tobacco shop, and a vacant space, with Cash Wise Liquor rounding out the offerings. Don't miss out on this exceptional retail opportunity in a prime Waseca location!

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$53 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

468

LAND DETAILS

LAND ACRES

7.54 AC

LAND SF

328,442 SF

ZONING

Commercial

APN/PARCEL ID

17.157.0010

ASK ABOUT THIS PROPERTY

Dixon DieboldReUrban, LLCMore Info
651-343-1889

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Dixon DieboldReUrban, LLCMore Info
651-343-1889

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