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    205 Myrtle Dr Annandale, MN 55302

    Sponsored
    For Sale
    $179,900

    Prime location, versatile space, high traffic.

    Property size:
    2,460 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 205 Myrtle Drive S, Annandale, MN, offers 2,460 square feet of versatile space on a 0.27-acre lot. Ideally situated for maximum exposure, the property benefits from high daily traffic volume on Highway 55, with over 8,000 vehicles passing by daily, according to the Minnesota Department of Transportation (MNDOT). Previously used as a floral shop and more recently as an office and showroom for a granite installer, this property presents endless possibilities for a variety of businesses. The interior offers ample space suitable for offices, showrooms, and storage. Exterior space provides additional opportunities for parking, showcasing products, and advertising. The building includes a functional 8x14 walk-in cooler, and a walk-in freezer (condition unknown). The sale includes the land and building only

    Property Features for 205 Myrtle Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,460 SF
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Annandale Monument & Countertops Monument Maker Boulder House Granite Granite Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Annandale
    County
    Wright
    State
    Minnesota
    Longitude
    -94.12072
    Latitude
    45.25942

    Nearby Similar for Sale

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    • $1,395,847
      5,323 SF

      Retail Property in Annandale, MN

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, versatile space, high traffic.
    Where is this commercial real estate located?
    The property is located at 205 Myrtle Dr Annandale, MN.
    What is the asking price?
    The asking price for this property is $179,900.
    (763) 682-3434
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    205 Myrtle Dr Annandale, MN 55302
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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
    205 Myrtle Dr Annandale, MN 55302
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