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    517 3Rd St Graceville, MN 56240

    Sponsored
    For Sale
    $165,000

    1,750 sq ft building on 0.06 acres. Ideal for various uses.

    Property size:
    1,750 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property, located at 517 W 3rd Street in Graceville, Minnesota, presents a unique investment opportunity. The building encompasses a generous 1,750 square feet of space, offering ample room for a variety of business ventures. Situated on a conveniently sized 0.06-acre lot, the property provides sufficient space for operations and potential expansion. The asking price is $165,000, representing a compelling value in the Graceville market. The property's "Other" classification suggests flexibility in its potential uses, making it suitable for a diverse range of businesses. Its location in Graceville offers access to local amenities and a supportive community. This property is ready for immediate occupancy and presents a chance to establish or expand a business in a thriving area. The building's size and layout provide a solid foundation for a successful enterprise. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's specific features and zoning regulations are available upon request. Don't miss this chance to acquire a valuable commercial asset in a desirable location.

    Property Features for 517 3Rd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,750 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    John's Body Shop Auto Body Shop

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Graceville
    County
    Big Stone
    State
    Minnesota
    Longitude
    -96.43499
    Latitude
    45.5672

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    FAQs

    What type of property is this?
    Commercial real estate - 1,750 sq ft building on 0.06 acres. Ideal for various uses.
    Where is this commercial real estate located?
    The property is located at 517 3Rd St Graceville, MN.
    What is the asking price?
    The asking price for this property is $165,000.
    (612) 541-9124
    Request Owner's contact information
    517 3Rd St Graceville, MN 56240
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    Graceville, MN 56240
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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
    517 3Rd St Graceville, MN 56240
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