Property profile

589 County Hwy Claremont, MN 55924

OFF-MARKET
Commercial real estate
1,040 SF 0.77 ac lot Built 1965
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Property summary

AI-generated overview

This exceptional commercial property, situated at 589 County Highway 34 in Claremont, Minnesota, presents a fantastic business opportunity. The 1,040 square foot building sits on a highly visible 0.77-acre corner lot, ensuring maximum exposure to a substantial volume of daily traffic. Previously utilized as a restaurant, this adaptable space offers a multitude of potential uses for discerning entrepreneurs. The building's versatile layout and prominent location make it ideal for a wide range of commercial ventures. Its strategic placement on a busy corner provides unparalleled visibility and accessibility, making it an attractive proposition for businesses seeking high foot traffic and easy customer access. The ample 0.77-acre lot offers potential for expansion or additional parking, further enhancing its appeal. The asking price of $100,000 represents a compelling investment opportunity in a thriving community. This property is ready for its next chapter, offering a blank canvas for a creative and ambitious business owner to establish their presence in a highly visible and convenient location. Serious inquiries are encouraged to explore the possibilities this unique property offers. The property is located in Claremont, MN.

Property profile

Verified
Property type Commercial real estate
Year built 1965
Total area 1,040 SF
Lot 0.77 ac (33,541 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

589 County Hwy Claremont, MN 55924
Claremont metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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