601 3Rd St Nw 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
6 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.