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    118 S Main St Medford, MN 55049

    For Sale
    $349,000

    Commercial - Medford, MN

    Lot size:
    0.21 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 14 at 5:06 am

    Property Features for 118 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    161014100
    Exterior features
    Vinyl
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2000
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX Advantage Plus (952) 226-7700 [email protected]

    Listing agent Eric J. Frank (952) 226-7700

    Listing date Aug 13, 2025

    MLS# 6746062 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medford Commercial Business Opportunity

    This commercial property, currently operating as a day care/school, presents a business opportunity in Medford, Minnesota. The property is located less than a mile from I-35 and is situated on County Road 45. The lot size is 0.21 acres. The zoning is designated for Business/Commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Skin Care Clinic Wholesale Shop Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Steele
    State
    Minnesota
    Longitude
    -93.24648312
    Latitude
    44.17257788

    Nearby Similar for Sale

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      NE 14Th Ave, Medford, MN 55049
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    FAQs

    What type of property is this?
    Day care center - Day care/school opportunity in Medford, less than a mile from I-35.
    Where is this day care center located?
    The property is located at 118 S Main St Medford, MN.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - Less than a mile off I-35, providing excellent accessibility.; - Currently operating as a day care/school, offering immediate business potential.; - Located on County Road 45 in Medford.
    (952) 226-7700
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    118 S Main St Medford, MN 55049
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 S Main St Medford, MN 55049
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