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    391 Main St Chatfield, MN 55923

    Sponsored
    For Sale
    $449,900

    Prime location, versatile office space, 1.02 acres.

    Property size:
    1,848 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 1,848 square foot commercial property is ideally situated on 1.02 acres along the bustling Highway 52 in Chatfield, Minnesota. Previously operated as a coffee shop, this versatile building presents endless possibilities for a variety of businesses. The property boasts a convenient drive-through window, perfect for quick service operations. Enjoy the serene ambiance of a patio overlooking Mill Creek, ideal for outdoor seating or relaxation. Inside, you'll find a private party room, perfect for meetings or special events, complemented by a cozy gas fireplace. Separate men's and women's restrooms ensure convenience for customers and employees. The high 9-foot ceilings create a spacious and airy atmosphere. This turn-key opportunity is located in a thriving community, offering excellent potential for growth and success. The property's prime location and versatile layout make it an attractive investment for discerning buyers seeking a well-established commercial space with significant upside. The ample acreage provides ample parking and potential for future expansion. This is a rare opportunity to acquire a highly desirable commercial property in a desirable location. Don't miss out on this chance to own a piece of Chatfield's vibrant business landscape.

    Property Features for 391 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,848 SF
    Lot Size
    44,431 SF

    Building Details

    Year Built
    2015
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chatfield
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.19323
    Latitude
    43.85263

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, versatile office space, 1.02 acres.
    Where is this office property / space located?
    The property is located at 391 Main St Chatfield, MN.
    What is the asking price?
    The asking price for this property is $449,900.
    (507) 282-3345
    Request Owner's contact information
    391 Main St Chatfield, MN 55923
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    Chatfield, MN 55923
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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
    391 Main St Chatfield, MN 55923
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