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    631 Main St Walnut Grove, MN 56180

    For Sale
    $50,000

    Commercial - Walnut Grove, MN

    Lot size:
    0.08 Acres
    Days on Market:
    98
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 631 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    942001360
    Parking features
    Other
    Exterior features
    Block
    Lot size
    0.08 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Architectural style
    Other

    Heartland Real Estate Services, LLC (507) 828-7045 [email protected]

    Listing agent Tyler John Hansen (507) 828-7045

    Listing date Aug 30, 2025

    MLS# 6780372 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

    Downtown Walnut Grove Bank Building

    Located in downtown Walnut Grove, this commercial property presents various possibilities for business ventures. The building features updated flooring, two vaults, a full dry basement, fiber internet, and one bathroom already in place. The lot size is 0.08 acres. The property is zoned for business and commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Integrity Bank Plus Bank

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Grove
    County
    Redwood
    State
    Minnesota
    Longitude
    -95.470272
    Latitude
    44.222737

    FAQs

    What type of property is this?
    Bank - Commercial building in downtown Walnut Grove with existing bank infrastructure.
    Where is this bank located?
    The property is located at 631 Main St Walnut Grove, MN.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Located in Downtown Walnut Grove; - Includes two existing bank vaults; - Features updated flooring
    (507) 828-7045
    Request Owner's contact information
    631 Main St Walnut Grove, MN 56180
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    Walnut Grove, MN 56180
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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
    631 Main St Walnut Grove, MN 56180
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