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    302 5Th St SW Willmar, MN 56201

    For Sale
    $1,199,999

    25,712 sf office building in downtown Willmar for sale.

    Property size:
    25,712 SF
    Lot size:
    0.22 Acres

    Property Features for 302 5Th St SW

    General Information

    Size
    25,712 SF
    Lot size
    0.22 Acres

    Source: Commercial Realty Solutions LLC Agent Jason Duininck

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Office Building, Willmar

    Located in the heart of downtown Willmar, this historic office building offers approximately 25,712 square feet of space. The first floor comprises 13,763 square feet, while the second floor provides 11,949 square feet. The property is zoned CBD Central Business District and is suitable for single or multi-tenant use. The building features a replaced roof from 2009 with repairs completed in 2023, an elevator, and a wet sprinkler system on the first floor. A new heating system was installed in Fall 2018, and LED lighting upgrades, including parking lot lighting, were completed in 2024. Electrical service is 280 volt. There are 80 parking spaces available. The property is situated on the south side of Hwy 12, west of Hwy 71. Area businesses include Rice Hospital, Jakes Pizza, Kandiyohi Court House, Willmar Library, Willmar Post Office, and KwikTrip. Traffic counts from 2023 show 2,670 vehicles per day on Litchfield Ave and 1,600 vehicles per day on 5th Street. The property is anticipated to be available in Fall 2024.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    West Central Angel ... Investment Service Christianson & Associates PLLP-CPAs Accountant Christianson CPAs and Consultants Financial Planner Beyond Computer Service C&A Financial Advisors Financial Institution

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Willmar
    County
    Kandiyohi
    State
    Minnesota
    Longitude
    -95.0496066
    Latitude
    45.1210609

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    FAQs

    What type of property is this?
    Office building - 25,712 sf office building in downtown Willmar for sale.
    Where is this office building located?
    The property is located at 302 5Th St SW Willmar, MN.
    What is the asking price?
    The asking price for this property is $1,199,999.
    What are key features of this property?
    This property features: - Large Building Size: 25,712 sf +/- suitable for single or multi-tenant occupancy.; - Prime Location: Heart of Downtown Willmar, offering high visibility and accessibility.; - Recent Upgrades: Includes 2024 LED lighting upgrades & parking lot lighting, and 2023 roof repairs.
    (763) 682-2400
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    302 5Th St SW Willmar, MN 56201
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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
    302 5Th St SW Willmar, MN 56201
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