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    33040 Aspenwood Dr Jenkins, MN 56472

    Sponsored
    For Sale
    $675,000

    Hwy 371 Corridor, High Visibility, 14,428 SF

    Property size:
    14,428 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 14,428 square foot commercial property, situated on a 2.31-acre lot at 33040 Aspenwood Drive in Jenkins, Minnesota, presents a unique investment opportunity. Currently operating as the Sunset Cinema, a five-screen movie theater, the building's versatile design allows for a multitude of uses. A new owner could continue the successful theater operation, capitalizing on its established presence and loyal customer base. Alternatively, the expansive space is ideally suited for conversion into a large-scale industrial facility, offering ample room for manufacturing, warehousing, or distribution. The property's high visibility location just off Highway 371, between Pequot Lakes and Jenkins on County Road 16, ensures significant traffic exposure. The large parking lot provides ample space for customer parking or outdoor display areas, further enhancing its appeal for retail or industrial uses. Its strategic position along the heavily trafficked Highway 371 corridor provides easy access to the surrounding communities of Pequot Lakes, Jenkins, Nisswa, Pine River, and Backus, making it an attractive location for businesses seeking to reach a wide customer base. The property's size, location, and adaptability make it a highly desirable asset with significant potential for future growth and profitability. The asking price is $675,000.

    Property Features for 33040 Aspenwood Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    14,428 SF
    Lot Size
    100,624 SF

    Building Details

    Year Built
    2004
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jenkins
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.31927
    Latitude
    46.63184

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    FAQs

    What type of property is this?
    Commercial real estate - Hwy 371 Corridor, High Visibility, 14,428 SF
    Where is this commercial real estate located?
    The property is located at 33040 Aspenwood Dr Jenkins, MN.
    What is the asking price?
    The asking price for this property is $675,000.
    (218) 828-3334
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    33040 Aspenwood Dr Jenkins, MN 56472
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    Jenkins, MN 56472
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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
    33040 Aspenwood Dr Jenkins, MN 56472
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