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    408 3Rd St Erskine, MN 56535

    Sponsored
    For Sale
    $110,000

    Heated shop, great storage, utilities included.

    Property size:
    2,160 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 2,160 square foot commercial property located at 408 3rd Street South in Erskine, Minnesota presents a fantastic opportunity for a variety of businesses or as a substantial storage facility. Situated on a 0.18-acre lot, the building boasts a spacious interior ideal for various uses. A key feature is the inclusion of a large overhead door, providing convenient access for vehicles and equipment. The property is equipped with existing plumbing and electrical systems, saving significant time and expense on initial setup. The interior is climate-controlled with a heating system, ensuring a comfortable workspace year-round. The property's versatile design and functional features make it an attractive option for entrepreneurs seeking a ready-to-use commercial space or those needing ample secure storage. Its location in Erskine offers easy access to local amenities and transportation routes. The asking price for this exceptional property is $110,000. Don't miss this chance to acquire a valuable asset in a thriving community. Contact us today to schedule a viewing.

    Property Features for 408 3Rd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,160 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    2001
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Auto Parts Store Bar & Pub Grocery Store Daycare Center Food Market HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Erskine
    County
    Polk
    State
    Minnesota
    Longitude
    -96.01075
    Latitude
    47.66387

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    FAQs

    What type of property is this?
    Commercial real estate - Heated shop, great storage, utilities included.
    Where is this commercial real estate located?
    The property is located at 408 3Rd St Erskine, MN.
    What is the asking price?
    The asking price for this property is $110,000.
    (218) 435-6995
    Request Owner's contact information
    408 3Rd St Erskine, MN 56535
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    Erskine, MN 56535
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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
    408 3Rd St Erskine, MN 56535
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