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    752 Aspen Ave SE Menahga, MN 56464

    For Sale
    $359,900

    Commercial - Menahga, MN

    Lot size:
    1.18 Acres
    Days on Market:
    146
    Last Refresh:
    Dec 14 at 10:06 pm

    Property Features for 752 Aspen Ave SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    177300010
    Parking features
    Driveway, Paved or Surfaced
    Exterior features
    Vinyl
    Lot size
    1.18 Acres

    Utilities

    Heating system
    Ductless (Heating), Other (Heating)
    Cooling system
    Ductless

    Building Details

    Year built
    2006
    Roof type
    Metal, Shingle
    Architectural style
    Other

    Affinity Real Estate, Inc. (218) 237-3333 [email protected]

    Listing agent Jack Brann (218) 237-3333

    Listing date Jul 22, 2025

    MLS# 6535608 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

    Multi-Use Commercial Property on Highway

    This multi-use commercial property offers a variety of business opportunities, having previously served as a retail, equipment rental, and boat servicing location. It is also suitable for a primary business with sub-leasing potential. The property features over 4,700 square feet on a single level with no steps. It includes in-floor and overhead heating, air conditioning, and fiber optic internet. The main structure has five overhead doors, three of which are 14 feet in height. Additional features include a 14x60 mini storage building and two billboards that generate consistent, long-term revenue. There are also two additional 16ft storage sheds, previously used as an extension to the shop/garage space. The property is situated on 1.18 acres with 325 feet of frontage on Highway 71, offering high visibility, customer-friendly access, and a large parking lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Menahga
    County
    Wadena
    State
    Minnesota
    Longitude
    -95.100039
    Latitude
    46.744054

    Nearby Similar for Sale

    • $429,900
      0.32 Acres

      Menahga Restaurant Opportunity For Sale

      Turn-key restaurant in downtown Menahga with recent updates.
      119 Main St NE, Menahga, MN 56464
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    • $369,900
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      Menahga Multi-Use Commercial Property

      High-Visibility Hwy 71 Business Opportunity
      752 Aspen Ave, Menahga, MN 56464
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    • $250,000
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      Established Menahga Hardware Store

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    FAQs

    What type of property is this?
    Retail space - Exceptional commercial property with multiple income streams and business opportunities.
    Where is this retail space located?
    The property is located at 752 Aspen Ave SE Menahga, MN.
    What is the asking price?
    The asking price for this property is $359,900.
    What are key features of this property?
    This property features: - Contract for Deed opportunity with 6% interest and flexible amortization (15 or 20 years).; - Multi-use property with **4,700+ sq ft on one level**, suitable for various business opportunities or primary business with sub-leasing.; - **High visibility location with 325ft of HWY 71 frontage**, customer-friendly access, and a large parking lot.
    (218) 237-3333
    Request Owner's contact information
    752 Aspen Ave SE Menahga, MN 56464
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    Menahga, MN 56464
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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
    752 Aspen Ave SE Menahga, MN 56464
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