Two-Tenant Storefront
For Sale
$299,000
116 Manitoba Street, Spicer, MN 56288
Commercial Sale, Spicer, MN
Property SizeContact for details
Lot Size0.06 Acres
Days on Market151
Property Features for 116 Manitoba Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business/Commercial
Rooms
Basement
Parking features
On Street, Driveway
Window features
Display Window(s)
Subdivision
Spicer
High school district
New London-Spicer
Directions
From Highway 23 turn East on Manitoba St. and the building will be on your left in the middle of the block.
Standard status
Active
APN
851002400
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1467
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1930
Building materials
Frame
Listing Agency:
Weichert REALTORS Tower Properties
(320) 262-7787
Listed By:
Jason Dowdey · License #40507956
(218) 821-9726
Added: May 13
Changed: Oct 8
Last Checked: Oct 10 at 12:06AM
MLS# 7073533
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This frame storefront property in Spicer contains approximately 2,800+ square feet and is occupied by two long-term tenants. Built in 1930, the building has a basement, forced-air heating, and central air conditioning.
The property is one block from Green Lake, at 116 Manitoba Street. Parking options include on-street parking and a driveway.
The property is one block from Green Lake, at 116 Manitoba Street. Parking options include on-street parking and a driveway.
Key Highlights
- Approximately 2,800+ square feet with two long‑term tenants
- Built in 1930; frame construction
- Basement, forced‑air heat, and central air conditioning
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 56288, MN
4,623
Population
2,773
Households
1.7
Avg Household Size
50
Median Age
34%
College-Educated
97%
High-School Grad
48.8 sq mi
ZIP Area
95
Density / Sq Mi
$105,000
Median Household Income
$50,302
Median Earnings
$818
Median Rent
$380,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - A frame building in central Spicer has two established occupants and both forced-air heat and central air conditioning.
Where is this storefront property located?
The property is located at 116 Manitoba Street Spicer, MN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Approximately 2,800+ square feet with two long‑term tenants; Built in 1930; frame construction; Basement, forced‑air heat, and central air conditioning
