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    603 8Th Ave Howard Lake, MN 55349

    For Sale
    $500,000

    9,200 SF retail property with high traffic corner location.

    Property size:
    9,200 SF
    Lot size:
    81.32 Acres

    Property Features for 603 8Th Ave

    General Information

    Size
    9,200 SF
    Lot size
    81.32 Acres

    Source: Commercial Realty Solutions LLC Agent Joseph W Elam

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

    Overview

    Renovated Retail Space For Sale

    This 9,200 square foot retail property features an open floor plan and a developed lot. It is located on a high-traffic corner and includes a basement with mechanicals. The building was fully renovated in 2010, including the roof, HVAC, deli equipment, POS system, coolers/freezers, and LED lighting. The property also benefits from adjacent city-owned parking. The building has one 8' x 8' overhead dock-high drive-in door and a clear-span design. The clear height to the ceiling grid is 11 feet, with 13'6" to the joist. Specific cooler dimensions include a 12' x 18' dairy cooler, a 12' x 16' storage freezer, a 10' x 10' produce cooler, and a 12' x 11' meat cooler.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Howard Lake
    County
    Hennepin
    State
    Minnesota
    Longitude
    -94.070569
    Latitude
    45.05974

    FAQs

    What type of property is this?
    Grocery and convenience store - 9,200 SF retail property with high traffic corner location.
    Where is this grocery and convenience store located?
    The property is located at 603 8Th Ave Howard Lake, MN.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Fully Renovated in 2010 including Roof, HVAC, Deli Equipment, POS System, Coolers/Freezers, and LED Lighting; - High Traffic Corner Location; - Adjacent City Owned Parking
    (320) 282-8410
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    Howard Lake, MN 55349
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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
    603 8Th Ave Howard Lake, MN 55349
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