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    212 4Th St Staples, MN 56479

    For Sale
    $118,000

    Prime location, high-return potential. Multi-unit investment opportunity.

    Property size:
    2,311 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This versatile 2,311 square foot building at 212 4th Street NE in Staples, Minnesota, presents a unique investment opportunity. Situated on a 0.08-acre lot in the heart of downtown, the property boasts a rich history and significant potential for future growth. The main level, previously used as a dental office, features five spacious exam/office rooms, a storage room, a bathroom, an additional office, and a supply room. This layout offers flexibility for a variety of commercial uses. The full, unfinished basement, complete with heat, provides ample storage and includes a washer, dryer, sink, shower, and toilet. Adding to its appeal, the building also includes a two-bedroom, one-bathroom apartment on the upper level, accessible via separate entrances at both the front and back of the building. This residential component provides additional income potential or the possibility of owner-occupancy. The asking price is $118,000, making this an attractive proposition for investors seeking a strong return on investment in a thriving downtown area. The property's central location and diverse layout offer a compelling blend of commercial and residential uses, promising a significant opportunity for future development and profitability. The existing infrastructure and layout provide a solid foundation for immediate occupancy or further renovations to suit specific business needs.

    Property Features for 212 4Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,311 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Staples
    County
    Todd
    State
    Minnesota
    Longitude
    -94.79468
    Latitude
    46.35599

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, high-return potential. Multi-unit investment opportunity.
    Where is this commercial real estate located?
    The property is located at 212 4Th St Staples, MN.
    What is the asking price?
    The asking price for this property is $118,000.
    (218) 828-7000
    Request Owner's contact information
    212 4Th St Staples, MN 56479
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    Staples, MN 56479
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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
    212 4Th St Staples, MN 56479
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