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    501 Old Highway 61 S Hinckley, MN 55037

    Under Contract
    For Sale
    $129,900

    Commercial - Hinckley, MN

    Lot size:
    0.25 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 501 Old Highway 61 S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Business/Commercial
    APN
    0405379000
    Parking features
    Driveway, Parking Lot
    Exterior features
    Stucco
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1929
    Flooring type
    Tile
    Building materials
    Plaster
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Local Realty Inc (320) 279-0087 [email protected]

    Listing agent Lexi Frye (320) 279-0087

    Listing date Nov 25, 2025

    MLS# 6818534 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

    High-Visibility Corner Commercial Opportunity

    This commercial property is located on the corner of Old Highway 61 S and Fire Monument Road in Hinckley, Minnesota. Situated on a 0.25-acre lot, the property benefits from high traffic and excellent visibility, offering easy access and steady exposure to local and traveling customers. The site is currently operating as Corner Hair and Tan and presents a business opportunity for continuing salon and tanning services. The property is located across the street from Slim's in Hinckley. The property is zoned for business and commercial use, offering possibilities for transforming the space to suit various business visions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Corner Hair and Tan Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hinckley
    County
    Pine
    State
    Minnesota
    Longitude
    -92.93034554
    Latitude
    46.01007785

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    FAQs

    What type of property is this?
    Retail space - Prime Hinckley location with high traffic and excellent visibility.
    Where is this retail space located?
    The property is located at 501 Old Highway 61 S Hinckley, MN.
    What is the asking price?
    The asking price for this property is $129,900.
    What are key features of this property?
    This property features: - Prime corner location at the intersection of Old Highway 61 S and Fire Monument Road.; - High visibility and easy access for customers.; - Suitable for continuing salon/tanning services or redevelopment.
    (320) 279-0087
    Request Owner's contact information
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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
    501 Old Highway 61 S Hinckley, MN 55037
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