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Property profile & analytics
FOR SALE
Commercial real estate

Abc Aspen Ave S Menahga, MN 56464

6.29 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US46-2545620
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 6.29 ac (273,992 SF)
APN 17-730-0040
UPID US46-2545620
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Brian R Pettow · 2 yrs held
Brian R Pettow
since 2023
Last sale
$158,000
2 recorded transactions
2023
$648,500
2023
$849,900
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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