Listing Agency: True Commercial | Business Brokerage Show Phone

Listed By: April Femrite · License #MN 40673070

Source: Crexi

Added: Apr 10 Changed: Aug 14 Last Checked: Aug 14 at 8:00AM

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Investment Insights

Based on property information with market context.

Graf’s Home Furnishings is offered for sale in Amboy, Minnesota, approximately 30 minutes south of Mankato. The property includes a rubber membrane roof and newer furnaces, along with a 2-bedroom apartment located above part of the store that is in need of renovations. The building is zoned commercial.

This sale offers an owner-user opportunity to operate the established home furnishings and flooring business or to use the retail space for other concepts, subject to zoning and approvals. The business has been serving customers for nearly 70 years, with customers traveling within a 45-mile radius.

The seller indicates the buyer has the option to purchase the business in addition to the real estate.

Key Highlights

• Commercially zoned retail building in Amboy, MN with a 2BR apartment above part of the store.
• Rubber membrane roof and newer furnaces in the building.
• Buyer has the option to purchase the business for $86,000 (business founded in 1950).

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Plumbing Service Auto Parts Store Grocery & Convenience Store Big Box & Wholesale Store Kitchen & Bath Showroom Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

84

Businesses Nearby

6k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Casey's General Store Shops & Services

5,758 visits/mo 0.4 miles

Demographics for 56010, MN

1,046

Population

534

Households

2

Avg Household Size

46

Median Age

25%

College-Educated

96%

High-School Grad

81.8 sq mi

ZIP Area

13

Density / Sq Mi

$83,854

Median Household Income

$47,784

Median Earnings

$825

Median Rent

$158,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Commercially zoned retail building with newer furnaces and a 2BR apartment above part of the store.

Where is this storefront property located?

The property is located at 120-124 E Maine St Amboy, MN.

What are key features of this property?

This property features: Commercially zoned retail building in Amboy, MN with a 2BR apartment above part of the store.; Rubber membrane roof and newer furnaces in the building.; Buyer has the option to purchase the business for $86,000 (business founded in 1950).