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    39404 80Th Ave Onamia, MN 56359

    Sponsored
    For Sale
    $339,000

    Large building, Hwy 27 access, lake nearby.

    Property size:
    5,024 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 5,024 square foot commercial property, situated at 39404 80th Avenue in Onamia, Minnesota, presents a unique investment opportunity. Boasting a highly desirable location directly off Highway 27 and 80th Avenue, this single-level building offers unparalleled convenience and accessibility. The expansive interior space provides endless possibilities for a variety of commercial ventures. The property includes the benefit of in-floor heating throughout, ensuring comfortable year-round operation. Situated on a generous 10-acre lot, ample parking and expansion potential are readily available. Its prime location places it within minutes of the recreational attractions of Mille Lacs Lake and the Soo Line Trail, as well as a selection of local restaurants, resorts, and shops, providing significant potential for customer traffic and business growth. The asking price for this exceptional property is $339,000. This is a rare opportunity to acquire a substantial commercial property in a thriving location with significant upside potential. Don't miss out on this chance to establish your business in a highly sought-after area.

    Property Features for 39404 80Th Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,024 SF
    Lot Size
    435,600 SF

    Building Details

    Year Built
    1992
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Onamia
    County
    Mille Lacs
    State
    Minnesota
    Longitude
    -93.57679
    Latitude
    46.11729

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    FAQs

    What type of property is this?
    Commercial real estate - Large building, Hwy 27 access, lake nearby.
    Where is this commercial real estate located?
    The property is located at 39404 80Th Ave Onamia, MN.
    What is the asking price?
    The asking price for this property is $339,000.
    (320) 515-2122
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    39404 80Th Ave Onamia, MN 56359
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    Onamia, MN 56359
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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
    39404 80Th Ave Onamia, MN 56359
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