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    118 Main St Remer, MN 56672

    Sponsored
    For Sale
    $75,500

    Historic Remer Shop, Endless Potential

    Property size:
    1,584 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This charming 1,584 square foot commercial building, located at 118 Main Street East in Remer, Minnesota, presents a unique investment opportunity. Situated on a 0.09-acre lot, this iconic structure boasts a rich history and undeniable character. The exterior features hand-painted murals created by a local artist, adding to its distinctive appeal and visual interest. Inside, the building retains its original craftsmanship and features attractive tin ceilings, adding to its historical charm and creating a unique atmosphere. This property has served as a successful business location for many years, offering a proven track record for commercial viability. The sale includes the building only

    Property Features for 118 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,584 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Remer
    County
    Cass
    State
    Minnesota
    Longitude
    -93.91511
    Latitude
    47.05665

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Remer Shop, Endless Potential
    Where is this commercial real estate located?
    The property is located at 118 Main St Remer, MN.
    What is the asking price?
    The asking price for this property is $75,500.
    (218) 566-3100
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    118 Main St Remer, MN 56672
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    Remer, MN 56672
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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
    118 Main St Remer, MN 56672
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