601 3Rd St, Roseau, MN 56751
This exceptional commercial property boasts an enviable location on Highway 11 in Roseau, Minnesota, offering over 300 feet of prime road frontage adjacent to a Holiday Station. The 2.43-acre parcel includes two separate buildings currently generating income via month-to-month leases. The first structure is a 26' x 116' retail space, ideal for a variety of businesses. The second building is a substantial 40' x 80' quonset hut, offering versatile storage or workspace potential. Both buildings are currently occupied, providing immediate cash flow for the new owner. The property's high visibility and strategic location on a major thoroughfare present almost limitless potential for future development and expansion. This is a rare opportunity to acquire a well-situated, income-producing commercial property in a thriving Minnesota community. The substantial lot size offers ample room for future growth or additional building construction. The existing tenants provide a stable income stream while allowing for future leasing strategies to maximize profitability. This property is priced to sell at $425,000 and represents a strong investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.