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    601 3Rd St Roseau, MN 56751

    Sponsored
    For Sale
    $425,000

    Prime Highway 11 location, two income-producing buildings.

    Property size:
    2,288 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    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.

    Property Features for 601 3Rd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,288 SF
    Lot Size
    105,851 SF

    Building Details

    Year Built
    1959
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Roseau
    County
    Roseau
    State
    Minnesota
    Longitude
    -95.77087
    Latitude
    48.84863

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    Nearby Similar for Sale

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      Roseau Commercial Building - Hwy 11 Frontage

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Highway 11 location, two income-producing buildings.
    Where is this commercial real estate located?
    The property is located at 601 3Rd St Roseau, MN.
    What is the asking price?
    The asking price for this property is $425,000.
    (218) 463-3148
    Request Owner's contact information
    601 3Rd St Roseau, MN 56751
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    Roseau, MN 56751
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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
    601 3Rd St Roseau, MN 56751
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