Abc Aspen Ave S Menahga, MN 56464
For Sale
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This exceptional Menahga, MN commercial property offers 4,720 square feet of versatile space on a 1.18-acre lot with 325 feet of prime Highway 71 frontage. The single-level building boasts in-floor and overhead heating, air conditioning, and fiber optic internet access, making it ideal for a variety of businesses. Five overhead doors (three are 14 feet high) provide ample access for equipment and vehicles. The property's history includes retail, equipment rental, and boat servicing, demonstrating its adaptability. Sub-leasing potential is excellent due to the spacious layout. Included are a 14x60 mini-storage building and two billboards generating consistent rental income. Two additional 16-foot storage sheds offer extra space. A large parking lot ensures convenient customer access. Lease-to-own and contract-for-deed options are available. This high-traffic location and versatile building present a unique opportunity for a thriving business. The property's features and location combine to create a compelling investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.