Monticello Office Building For
1260 State Hwy 25, Monticello, MN
Call to check price and availability
7,994 SF office building, formerly veterinary and chiropractic clinic.
Type:OFFICE
Property size:
7,994 SFLot size:
0.95 AcresPrice / SF:
$174/SF- Added:
- Sep 29, 2025
- Days on Market:
- 232
- Last Refresh:
- Apr 5 at 8:36 pm
Property Features for 1260 State Hwy 25
General Information
- Standard status
- Active
- Size
- 7,994 SF
- Lot size
- 0.95 Acres
- Property subtype
- OFFICE
Listing agent Joseph W Elam (320) 282-8410
Listing office Commercial Realty Solutions LLC (320) 282-8410
Listing date Sep 29, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Commercial Realty Solutions LLC
HighLights
- Versatile Main Floor: Features a reception area, waiting room, 8 private offices/patient rooms, and a central open‑air office, suitable for various business types.
- Garage with Floor Drains and Private Bathroom: Offers practical utility and convenience.
- Second Floor Office Space: Includes a break room, private office, and open mezzanine, providing additional workspace and flexibility.
- TDS Networking: Wired for TDS networking on both floors.
- Alarm System: Equipped with an alarm system for enhanced security.
- Multiple Restrooms: Includes customer restrooms on the main floor and a private employee restroom upstairs.
Overview
This 7,994 square foot building features a main floor that formerly housed a veterinary clinic and chiropractic office. The layout includes a reception and waiting area, eight private offices or patient rooms, and a central open-air office space. Two customer restrooms are available, along with a garage equipped with floor drains and a private unfinished bathroom. Additional spaces include storage and maintenance rooms, and a laundry room. The property is equipped with TDS networking and an alarm system. The second floor offers a private employee restroom, a break room and office space, and a private office. An open mezzanine is located at the stairway, and rear steps provide access to the lower level. The second floor also includes TDS networking and an alarm system. This property is located in Monticello, MN.
Financial Insights
Value Estimation Calculated for Healthcare Medical
Conservative
$1.29M
NOI $116,155 @ 9.00% cap · cautious / downside scenario
Moderate
$1.66M
NOI $116,155 @ 7.00% cap · market / base-case scenario
Aggressive
$2.32M
NOI $116,155 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Healthcare Medical
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $208.2k | $26.04 |
| − Vacancy | −$14.6k | −$1.82 |
| EGI | $193.6k | $24.22 |
| − OpEx | −$77.4k | −$9.69 |
| NOI | $116.2k | $14.53 |
7,994 SF · lease $26.04/SF/yr · vacancy 7.00% · expense 40.00%
Alternative Use Scenarios
Best Use
Healthcare Medical
$1.66M
$1.45M – $1.94M
NOI $116,155 @ 7.0% cap · market cap 8.33%
Second Best
Office B
$1.36M
$1.19M – $1.58M
NOI $94,928 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,504 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar Places Nearby
- Monticello Pet Hospital — 4134 School Blvd, Monticello, MN 55362
- On Point Veterinary Services — 4134 School Blvd, Otsego, MN 55362
Location Insight
- Map
- Local Demand
- City
- Monticello
- County
- Wright
- State
- Minnesota
- Longitude
- -93.8221
- Latitude
- 45.2613
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - 7,994 SF office building, formerly veterinary and chiropractic clinic.
Where is this medical office space located?
The property is located at 1260 State Hwy 25 Monticello, MN.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Versatile Main Floor: Features a reception area, waiting room, **8 private offices/patient rooms**, and a central open‑air office, suitable for various business types.; Garage with Floor Drains and Private Bathroom: Offers practical utility and convenience.; Second Floor Office Space: Includes a break room, private office, and open mezzanine, providing additional workspace and flexibility.
