Building Details

Year Built 1900

Buildings 1

Listing Agency: Close-Converse Commercial Prop

Listed By: Nate Grotzke · License #20450114 Show Phone

Source: Vibemn

Added: Jul 27 Changed: Aug 29 Last Checked: Sep 1 at 10:30PM

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Investment Insights

Based on property information with market context.

Built in 1900, this downtown Pillager commercial building combines a former bank layout with updated interior systems. The main level provides open retail or workspace, along with two restrooms and a kitchen area. An unfinished basement adds storage capacity and room for future buildout.

Distinctive original features include three working vaults, while recent improvements include flooring, roofing, an AC unit, plumbing, electrical systems, and interior finishes. CCTV cameras and keyless entry are also in place. The property occupies a recognizable corner at 104 Cedar Avenue E in downtown Pillager, Minnesota, with access to the surrounding small-town commercial district.

Key Highlights

• Three original working vaults remain in the building
• Open main‑level retail or workspace with two restrooms
• Unfinished basement provides additional storage or future expansion space

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply HVAC Service Real Estate Agency Big Box & Wholesale Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

120

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 56473, MN

3,763

Population

1,684

Households

2.2

Avg Household Size

43

Median Age

24%

College-Educated

96%

High-School Grad

89.9 sq mi

ZIP Area

42

Density / Sq Mi

$79,236

Median Household Income

$42,589

Median Earnings

$1,008

Median Rent

$262,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Updated corner building with open main-level space, two restrooms, and an unfinished basement.

Where is this storefront property located?

The property is located at 104 Cedar Ave E Pillager, MN.

What is the asking price?

The asking price for this property is $239,000.

What are key features of this property?

This property features: Three original working vaults remain in the building; Open main‑level retail or workspace with two restrooms; Unfinished basement provides additional storage or future expansion space