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    325 1St St NE Melrose, MN 56352

    Picture of Retail space at 1St St NE 325, Melrose, MN
    For Sale
    Contact for pricing

    Commercial - Melrose, MN

    Lot size:
    1.31 Acres
    Days on Market:
    369
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 325 1St St NE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial,Residential-Multi-Family
    APN
    66370110200
    Parking features
    Parking Lot, Paved or Surfaced
    Exterior features
    Brick/Stone, Metal
    Lot size
    1.31 Acres

    Utilities

    Heating system
    Forced Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    2024
    Architectural style
    Other

    Central MN Realty (320) 363-4363 [email protected]

    Listing agent Matthew A. Imdieke (320) 363-4363

    Listing date Dec 11, 2024

    MLS# 6472042 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

    New Commercial Spaces in Melrose

    Five new commercial spaces are available in Melrose, MN, ranging from 650 to 1050 sq ft. These suites can be customized to accommodate various business needs. The building also includes 29 residential units, providing an immediate customer base. The property is zoned for Business/Commercial and Residential-Multi-Family use. Situated downtown next to city hall and overlooking the river, the location offers convenient access for customers and employees. The property, with a lot size of 1.306 acres, provides ample parking and visibility. It is located in Melrose, Stearns County, Minnesota.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.80903
    Latitude
    45.675782

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    FAQs

    What type of property is this?
    Retail space - New commercial spaces available in a growing community.
    Where is this retail space located?
    The property is located at 325 1St St NE Melrose, MN.
    What is the asking price?
    The asking price for this property is $18.
    What are key features of this property?
    This property features: - Brand new commercial spaces (650-1050 sq ft) customizable to business needs.; - **Convenient downtown location** next to city hall overlooking the river.; - 29 residential units in the building providing an immediate customer base.
    (320) 363-4363
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    325 1St St NE Melrose, MN 56352
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    Melrose, MN 56352
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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
    325 1St St NE Melrose, MN 56352
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