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Property profile

408 3Rd St Erskine, MN 56535

OFF-MARKET
Commercial real estate
Property ID
US46-2707087
2,160 SF 0.18 ac lot Built 2001
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Year built 2001
Total area 2,160 SF
Lot 0.18 ac (7,841 SF)
UPID US46-2707087

Cap rate & NOI

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

Location

408 3Rd St Erskine, MN 56535
Erskine metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

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