Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1755 1St Ave Windom, MN 56101

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $399,000

    High-traffic Hwy 60/71 location, large shop & showroom.

    Property size:
    2,904 SF

    Property Features for 1755 1St Ave

    General Information

    Property type
    Investment properties
    Square Feet
    2,904 SF
    Lot Size
    35,719 SF

    Building Details

    Year Built
    1974

    We can help!

    Listing Contact
    Doyle Mattson

    Listing Agency: Five Star Realty Pros LLC Listing Agent: Doyle Mattson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 2,904 square foot commercial property, situated on a 0.82-acre lot in Windom, Minnesota, presents a remarkable opportunity for business development. Boasting approximately 120 feet of frontage along the heavily trafficked Highway 60 and 71, this location ensures maximum visibility and accessibility. The property features a substantial shop area equipped with three-phase power and a sprinkler system, ideal for a variety of commercial or industrial uses. In addition to the shop, the building includes a spacious showroom, two and a half bathrooms, and a dedicated office. The total interior space measures an impressive 11,176 square feet, offering ample room for customization and expansion to suit specific business needs. The property's strategic location benefits from its proximity to established businesses such as GDF, O'Reilly Auto Enterprises, Toro Company, Wash Right Now Laundry, and New Vision Co-op, further enhancing its appeal and potential. With a daily traffic count of 11,250 vehicles, including 2,725 commercial vehicles, this property offers unparalleled exposure and a strong foundation for success. This is a rare opportunity to acquire a well-positioned, versatile commercial property in a thriving area. The asking price is $399,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Messer Machine & Manufacturing Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Windom
    County
    Cottonwood
    State
    Minnesota
    Longitude
    -95.1123
    Latitude
    43.87411

    Nearby Similar for Sale

    • $159,900
      0.57 Acres

      Highway Frontage Commercial Building

      Commercial building on Highway 60 with high traffic exposure.
      2320 State Highway 60, Windom, MN 56101
      View Details
    • $199,000
      0.61 Acres

      Windom Commercial Property For Sale

      Renovated office space with highway frontage and ample parking.
      570 2Nd Ave N, Windom, MN 56101
      View Details
    • New
      $2,080,000
      Pending

      Prime Farmland in Dale Township

      160 acres of tillable farmland with high productivity index.
      Highway 71, Windom, MN 56101
      View Details
    • $1,990,000

      Windom Strip Center Investment

      Well-maintained strip center with reliable tenants in Windom, MN.
      599 2Nd Ave N, Windom, MN 56101
      View Details
    • $249,500
      2,205 SF

      Windom Office Building - Hwy Frontage

      Prime Office Space, High Traffic Location
      570 2Nd Ave, Windom, MN 56101
      View Details
    • $575,000
      10,964 SF

      Windom Industrial Development Site

      High-traffic location, prime development land.
      111 1St Ave, Windom, MN 56101
      View Details
    • $125,000
      Pending

      Mixed-Use Commercial Property on Square

      Mixed-use property with apartments, commercial spaces, and rental potential.
      308 10Th St, Windom, MN 56101
      View Details
    • $144,900
      4,030 SF

      Windom Town Square Commercial Building

      Prime Location, Versatile Space, High Visibility
      350 10Th St, Windom, MN 56101
      View Details
    • $150,000
      2,730 SF

      Windom Restaurant & Real Estate

      Iconic eatery, prime location, high visibility.
      344 10Th St, Windom, MN 56101
      View Details

    FAQs

    What type of property is this?
    Investment property - High-traffic Hwy 60/71 location, large shop & showroom.
    Where is this investment property located?
    The property is located at 1755 1St Ave Windom, MN.
    What is the asking price?
    The asking price for this property is $399,000.
    (507) 822-1388
    Request Owner's contact information
    1755 1St Ave Windom, MN 56101
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1755 1St Ave
    Windom, MN 56101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1755 1St Ave Windom, MN 56101
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Doyle Mattson
    (507) 822-1388 (507) 832-8100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!