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    221 2Nd St Ortonville, MN 56278

    For Sale
    $150,000

    Prime location, versatile space, ready to operate.

    Property size:
    2,280 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 2,280 square foot commercial property, located at 221 2nd Street NW in Ortonville, Minnesota, presents a unique investment opportunity. Situated on a 0.06-acre lot, this building boasts a prime Main Street location, previously home to the popular Lakeshore Wonders establishment. Known for its ice cream, coffee, and lunch offerings, the space is ideally suited for a restaurant or easily adaptable for retail use. The existing layout includes a substantial kitchen equipped with ample refrigeration (freezer and fridge space), extensive storage, and ample workspace, perfect for food preparation. The inviting storefront features large windows, drawing customers into a comfortable seating area enhanced by an ornate ceiling and decorative walls. The property is being offered at $150,000. This turnkey opportunity includes all necessary equipment and is ready for a new owner to capitalize on its established location and versatile design. The building's existing infrastructure and prime location make it an attractive proposition for a variety of businesses seeking a well-established space in a thriving community. Don't miss this chance to own a piece of Ortonville's Main Street.

    Property Features for 221 2Nd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,280 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lakeshore Wonders Gift Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ortonville
    County
    Big Stone
    State
    Minnesota
    Longitude
    -96.44728
    Latitude
    45.30662

    Nearby Comparable

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      Thriving Ortonville Coffee Shop Opportunity

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      Downtown Ortonville Commercial Building For Sale

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      Former C Store Ortonville, MN

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      Lakota Island Lakeshore Lot

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      Serene Lakeshore Lot Opportunity

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    Nearby Similar for Sale

    • $98,000
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      Downtown Ortonville Commercial Building For Sale

      1,000 sq ft commercial building in downtown Ortonville, Minnesota.
      118 2Nd St NW, Ortonville, MN 56278
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    • $200,000
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      Thriving Ortonville Coffee Shop Opportunity

      Turnkey coffee shop business for sale on Main Street.
      122 2Nd St NW, Ortonville, MN 56278
      View Details
    • $250,000
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      Former C Store Ortonville, MN

      Former convenience store on corner lot in Ortonville, Minnesota.
      624 2Nd St SE, Ortonville, MN 56278
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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, versatile space, ready to operate.
    Where is this commercial real estate located?
    The property is located at 221 2Nd St Ortonville, MN.
    What is the asking price?
    The asking price for this property is $150,000.
    (320) 839-6118
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    Ortonville, MN 56278
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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
    221 2Nd St Ortonville, MN 56278
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