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    20 3Rd Ave Crosby, MN 56441

    Sponsored
    For Sale
    $199,000

    Prime Crosby location, retail & residence.

    Property size:
    2,406 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional mixed-use property at 20 3rd Avenue SW in Crosby, Minnesota presents a unique investment opportunity. The 2,406 square foot building sits on a 0.19-acre lot and offers a versatile layout ideal for a variety of business ventures. The property seamlessly combines a commercial storefront, perfect for a retail operation or boutique, with an attached residential unit. This provides the potential for owner-occupancy or rental income generation. The residential component includes a convenient two-car attached garage, adding to its overall appeal and functionality. Situated in the heart of Crosby, this location benefits from proximity to popular attractions such as world-class mountain bike trails, enhancing its visibility and accessibility. The surrounding area also boasts a vibrant mix of shopping and dining options, ensuring a steady flow of potential customers. This property's central location and combined commercial and residential spaces make it an attractive proposition for entrepreneurs and investors seeking a blend of business and residential convenience. The building's layout is adaptable to various needs, allowing for customization to suit specific business requirements. This is a rare opportunity to acquire a well-positioned mixed-use property in a thriving Minnesota community. The asking price is $199,000.

    Property Features for 20 3Rd Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,406 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Crosby
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -93.95793
    Latitude
    46.4817

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Crosby location, retail & residence.
    Where is this mixed-use property located?
    The property is located at 20 3Rd Ave Crosby, MN.
    What is the asking price?
    The asking price for this property is $199,000.
    (218) 828-3334
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    Crosby, MN 56441
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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
    20 3Rd Ave Crosby, MN 56441
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