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Two-Tenant Storefront Building
For Sale
$299,000

116 Manitoba Street, Spicer, MN 56288

Business/commercial-zoned space in Spicer’s town center is occupied by two long-term tenants.

Property Size2,880 SF
Price / SF$103.82
Days on Market171

Property Features for 116 Manitoba Street

General Information

Standard status Active
Size 2,880 SF
Property subtype Commercial
Zoning Business/Commercial

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,466

Building Details

Building Size 2,880 SF
Year Built 1930
Buildings 1
Stories 1
Units 2
Tenancy Multi
Listing Agency: Weichert REALTORS Tower Properties
Listed By: Jason Dowdey · License #40507956
Source: Driveresultsrealty
Added: May 13 Changed: Oct 25 Last Checked: Oct 29 at 7:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert REALTORS Tower Properties

Rey
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Investment Insights

Based on property information with market context.

This storefront property in Spicer contains 2,880 square feet and was built in 1930. Two long-term tenants currently occupy the building, offering an established multi-tenant configuration. The property is zoned Business/Commercial.

Located at 116 Manitoba Street, the building is one block from Green Lake and sits in the center of Spicer, Minnesota.

Key Highlights

  • 2,880 square feet of storefront space
  • Occupied by two long‑term tenants
  • Business/Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Touching Hearts at Home Home Health Care Service

Suggested Use

Top Pick Dental Office HVAC Service Building Supply Plumbing Service Furniture & Home Goods Auto Parts 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

168
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Business/commercial-zoned space in Spicer’s town center is occupied by two long-term tenants.
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: 2,880 square feet of storefront space; Occupied by two long‑term tenants; Business/Commercial zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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