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Updated Mixed-Use Building
For Sale
$400,000

135 4th Street N, Cannon Falls, MN 55009

Main-level retail space includes storage, a kitchen area, and an employee conference room.

Property SizeContact for details
Days on Market887

Property Features for 135 4th Street N

General Information

Standard status Active
Property subtype Commercial
Zoning Business/Commercial

Taxes and HOA fees

Annual Taxes $2,996

Building Details

Year Built 1887
Units 3
Listing Agency: Cannon Realty
Listed By: Lisa Lundell
Source: Ivyrealestategroup
Added: Mar 8, 2024 Changed: Aug 12 Last Checked: Aug 12 at 4:08AM

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 Cannon Realty

Investment Insights

Based on property information with market context.

Located at 135 4th Street N in downtown Cannon Falls, this Business/Commercial-zoned mixed-use building combines retail space with upper-level living quarters. The main level includes a natural stone wall, two bathrooms, a kitchen area, conference and employee space, plus basement storage.

The upper level provides three bedrooms and two baths, along with a 22 x 14 deck. Improvements include new appliances, a gas fireplace, windows, updated electrical, and separate furnaces and AC units serving the retail area and living quarters. Originally built in 1887, the property offers a combination of commercial and residential functionality within one updated building.

Key Highlights

  • Business/Commercial zoning in downtown Cannon Falls
  • Main‑level retail area with natural stone wall
  • Upper‑level living quarters with 3 bedrooms and 2 baths

Property Analytics

Current Use

Cannon Nutrition Restaurant

Suggested Use

Top Pick Law Firm Hair Salon HVAC Service Spa & Massage Center Electrical Service Kitchen & Bath Showroom

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

341
Businesses Nearby

Demographics for 55009, MN

8,252
Population
3,654
Households
2.3
Avg Household Size
44
Median Age
27%
College-Educated
94%
High-School Grad
122.5 sq mi
ZIP Area
67
Density / Sq Mi
$89,023
Median Household Income
$51,639
Median Earnings
$1,010
Median Rent
$311,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level retail space includes storage, a kitchen area, and an employee conference room.
Where is this mixed-use property located?
The property is located at 135 4th Street N Cannon Falls, MN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Business/Commercial zoning in downtown Cannon Falls; Main‑level retail area with natural stone wall; Upper‑level living quarters with 3 bedrooms and 2 baths
More about this property
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