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    720 N Broadway St Spring Valley, MN 55975

    For Sale
    $375,000

    Commercial property with greenhouses, retail space, and development potential.

    Lot size:
    1.56 Acres

    Property Features for 720 N Broadway St

    General Information

    Lot size
    1.56 Acres

    Source: Realty Growth, Inc Agent Matt Gove

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

    Overview

    Turn-Key Greenhouse and Retail Opportunity

    Located at 720 North Broadway Ave in Spring Valley, MN, this commercial property offers functionality and development potential. Positioned off Highway 63, the main thoroughfare through town, this approximately 1.66-acre site features visibility and access, making it suitable for a range of uses. Spring Valley is home to approximately 2,500 residents in south-east Minnesota, and is about 40 minutes south of Rochester, MN. The property is currently operating as a greenhouse and gift shop, and is zoned 3A Commercial Land and Building, offering flexibility for redevelopment. The property is ready to support business goals, whether continuing a greenhouse-focused retail operation or envisioning something new. Key features include two large greenhouses, each equipped with heat, fans, water access, and automatic temperature control. The property also features remodeled retail shop space (early 2025), a two-stall garage, and ample parking. The property offers a turn-key setup for greenhouse and gift shop operation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Spring Valley
    County
    Fillmore
    State
    Minnesota
    Longitude
    -92.396715
    Latitude
    43.697499

    Nearby Similar for Sale

    • $125,000
      3,500 SF

      Downtown Spring Valley Mixed-Use

      Prime investment: 3,500 sq ft, tavern setup.
      145 Broadway St, Spring Valley, MN 55975
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial property with greenhouses, retail space, and development potential.
    Where is this retail space located?
    The property is located at 720 N Broadway St Spring Valley, MN.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Excellent visibility and access off Highway 63; - Turn-key setup for greenhouse and gift shop operation; - Approximately 1.66-acre site zoned 3A Commercial Land and Building, offering flexibility for redevelopment
    (507) 951-1147
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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
    720 N Broadway St Spring Valley, MN 55975
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