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    201 Southgate Dr Aitkin, MN 56431

    For Sale
    $299,000

    Commercial - Aitkin, MN

    Lot size:
    0.99 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 201 Southgate Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    560177600
    Parking features
    Driveway, Garage, Garage - Attached, Heated
    Exterior features
    Wood
    Lot size
    0.99 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1982
    Roof type
    Metal
    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent Susan Ackerman (952) 829-2900

    Listing date Nov 3, 2025

    MLS# 6740062 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

    Prime Location in Aitkin, MN

    Located at the main entrance to the Southgate Shopping Center in Aitkin, Minnesota, this commercial property offers a prime location with high traffic volume. Situated on 0.99 acres, the property benefits from its proximity to St. Hwy 169, drawing both local and through traffic year-round. The location is easily accessible, with direct access before the roundabout when southbound on 169 and off the roundabout when northbound. The surrounding businesses, including a hardware store and a bar & restaurant in the Southgate Shopping Center, contribute to the area's consistent traffic. The building is currently configured for a single business but was originally designed to accommodate two separate businesses. It features two entrances, two heated garages, two meters, and two bathrooms, offering flexibility for various business operations. The property's location near the roundabout and other businesses ensures a steady flow of potential customers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Data Comm Computer Support And Services Toby's Thrift Shop Thrift Store Toby's Concessions American Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Nail Salon Gym & Fitness Hotel & Motel Auto Parts Store

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

    Similar Places Nearby

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    Location Insight

    • Map
    • Local Demand
    City
    Aitkin
    County
    Aitkin
    State
    Minnesota
    Longitude
    -93.70636265
    Latitude
    46.51669083

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    FAQs

    What type of property is this?
    Shopping center - High-traffic commercial property near Southgate Shopping Center on 0.99 acres.
    Where is this shopping center located?
    The property is located at 201 Southgate Dr Aitkin, MN.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Prime location at the main entrance to the Aitkin Southgate Shopping Center.; - High traffic volume due to St. Hwy 169 and the roundabout.; - Easy accessibility from both southbound and northbound directions on Hwy 169.
    (952) 829-2900
    Request Owner's contact information
    201 Southgate Dr Aitkin, MN 56431
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    Aitkin, MN 56431
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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
    201 Southgate Dr Aitkin, MN 56431
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