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    106 Frank St Clarissa, MN 56440

    Sponsored
    For Sale
    $399,900

    Massive 57,022 sqft building, endless potential.

    Property size:
    57,022 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 57,022 square foot property, located at 106 Frank Street South in Clarissa, Minnesota, presents a unique investment opportunity. Formerly Eagle Valley High School, this expansive building offers a multitude of potential uses. The layout includes 24 classrooms, each approximately 900 square feet, six of which boast private bathrooms – perfect for conversion into residential units. Imagine the possibilities for multi-family housing, creating comfortable and spacious apartments or condos. Beyond residential potential, the building's size and features lend themselves to various commercial ventures. Office spaces could be easily created, catering to a range of businesses. Alternatively, the building's scale and existing amenities make it an ideal candidate for a community center, providing much-needed space for local organizations and events. The property also includes a well-maintained gymnasium, featuring a recently refinished floor and a stage, perfect for community gatherings or fitness-related businesses. Two locker rooms and a commercial-grade kitchen further enhance the versatility of this impressive building. The roof was replaced in 2017, ensuring long-term structural integrity and minimizing immediate maintenance concerns. This is a rare chance to acquire a substantial property with significant upside potential in a desirable location. Don't miss this chance to shape the future of this remarkable building.

    Property Features for 106 Frank St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    57,022 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Pharmacy Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarissa
    County
    Todd
    State
    Minnesota
    Longitude
    -94.95432
    Latitude
    46.12801

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    FAQs

    What type of property is this?
    Commercial real estate - Massive 57,022 sqft building, endless potential.
    Where is this commercial real estate located?
    The property is located at 106 Frank St Clarissa, MN.
    What is the asking price?
    The asking price for this property is $399,900.
    (320) 251-2200
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    106 Frank St Clarissa, MN 56440
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    Clarissa, MN 56440
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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
    106 Frank St Clarissa, MN 56440
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