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Commercial Building and Bare Lot
For Sale
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102 McKinley Avenue E, Shelly, MN 56581

Commercial property featuring a building and adjacent bare lot.

Property Size3,164 SF
Price / SF$15.80
Days on Market178

Property Features for 102 McKinley Avenue E

General Information

Standard status Active
Size 3,164 SF
Property subtype Land, Office, Retail
Zoning Contact Planning & Zoning Department
Occupancy 100%
Lease Type NNN

Building Details

Year Built 1954
Buildings 1
Tenancy Single
Listing Agency: J.R. Simplot Company
Listed By: Paul Simpson · License #For Sale By Owner
Source: Crexi
Added: Feb 24 Changed: Aug 16 Last Checked: Aug 20 at 10:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J.R. Simplot Company

Investment Insights

Based on property information with market context.

This property, offered for sale by owner, includes two parcels: a 3,164 square foot building and an accompanying bare lot. The property is sold in its current condition. Interested parties should contact Planning and Zoning to confirm intended use occupancy. The property currently has a tenant generating lease income. If the buyer intends to occupy the property, the current landlord can enforce the Right of Termination before the close of escrow.

Key Highlights

  • Two Parcels: Includes a building and a bare lot.
  • 3,164 SF Building: Substantial building size.
  • Income Generating: Currently has a tenant and generates lease income.

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 56581, MN

247
Population
184
Households
1.3
Avg Household Size
50
Median Age
15%
College-Educated
87%
High-School Grad
39.7 sq mi
ZIP Area
6
Density / Sq Mi
$58,125
Median Household Income
$39,375
Median Earnings
$112,500
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Office units - Commercial property featuring a building and adjacent bare lot.
Where is this office units located?
The property is located at 102 McKinley Avenue E Shelly, 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: Two Parcels: Includes a building and a bare lot.; 3,164 SF Building: Substantial building size.; Income Generating: Currently has a tenant and generates lease income.
More about this property
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