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Mixed-Use Property with Three Tenants
For Sale
$249,000

101 S Main Street, Pine Island, MN 55963

Commercial Sale, Pine Island, MN

Property SizeContact for details
Lot Size0.20 Acres
Days on Market148

Property Features for 101 S Main Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Business/Commercial
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 1, Bathroom 3, Bathroom 2
Parking features Driveway, Parking Lot
Accessibility Accessible Approach with Ramp
Subdivision Pine Island
High school district Pine Island
Directions East side of Main Street.
Standard status Active
APN 681001280
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7358

Utilities

Heating system Oil, Forced Air
Cooling system Central Air

Building Details

Year built 1960
Roof type Shingle
Listing Agency: Real Broker, LLC.
Listed By: Randy Hoffarth
Added: May 28 Changed: Oct 21 Last Checked: Oct 21 at 11:06PM
MLS# 7082131

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use property is occupied by three businesses: a hairstyling salon, an insurance office, and a cleaning company. The 0.2-acre parcel has Main Street frontage and was built in 1960.

Building features include central air conditioning, forced-air oil heat, a shingle roof, a basement, and three bathrooms. Parking is available in a lot and driveway, and an accessible approach ramp serves the property.

Key Highlights

  • Three existing occupants: hairstyling salon, insurance office, and cleaning company
  • 0.2‑acre parcel with Main Street frontage
  • Built in 1960

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Family Hair Styling Hair Salon Farmers Insurance - Grant ... Insurance Agency Dr. Terry T. ... Dental Office

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Pharmacy Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

254
Businesses Nearby

Demographics for 55963, MN

5,667
Population
2,218
Households
2.6
Avg Household Size
39
Median Age
37%
College-Educated
95%
High-School Grad
80.6 sq mi
ZIP Area
70
Density / Sq Mi
$109,464
Median Household Income
$55,012
Median Earnings
$969
Median Rent
$350,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Current occupants include a salon, an insurance office, and a cleaning company.
Where is this mixed-use property located?
The property is located at 101 S Main Street Pine Island, MN.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Three existing occupants: hairstyling salon, insurance office, and cleaning company; 0.2‑acre parcel with Main Street frontage; Built in 1960
More about this property
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