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    245 Main St E Rice, MN 56367

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    For Sale
    $275,000

    High-visibility retail/light industrial space near Hwy 10.

    Property size:
    4,256 SF
    Lot size:
    0.39 Acres

    Property Features for 245 Main St E

    General Information

    Size
    4,256 SF
    Lot size
    0.39 Acres

    Source: Parcel Real Estate Agent Tanner Nordlund

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

    Overview

    Retail/Light Industrial Space Available

    This property offers an opportunity to purchase high-visibility retail or light industrial space located near Highway 10, just north of St. Cloud. The property has been the site of a successful small engine repair and power equipment sales business for many years. The property size is 4256 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rice Fire Department Fire Station Arnies Log & Lawn Lawn Equipment Rental Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Rice
    County
    Benton
    State
    Minnesota
    Longitude
    -94.2167041
    Latitude
    45.7537909

    Nearby Similar for Sale

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      Restaurant Opportunity on Highway 10

      Fully equipped restaurant for sale in Rice, MN.
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    • $595,000
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      Prime Rice, MN Restaurant Opportunity

      Established Eatery, 4,400 SF, 1.39 Acres
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      Prime Rice Retail Investment

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      245 Main St, Rice, MN 56367
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    FAQs

    What type of property is this?
    Retail space - High-visibility retail/light industrial space near Hwy 10.
    Where is this retail space located?
    The property is located at 245 Main St E Rice, MN.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - High visibility location ideal for retail/light industrial use; - Close proximity to Hwy 10, providing easy access; - Successful small engine repair and power equipment sales business previously operated at this location
    (320) 828-0395
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    245 Main St E Rice, MN 56367
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    Rice, MN 56367
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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
    245 Main St E Rice, MN 56367
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