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Retail Storefront Property
For Sale
$978,055

198 Oak St, Dawson, MN 56232

The property offers a substantial retail footprint in a 2015-built building.

Property Size8,215 SF
Price / SF$119.06
Days on Market101

Property Features for 198 Oak St

General Information

Standard status Active
Size 8,215 SF
Property subtype Commercial
Lease Term ±4.2 YRS

Additional Details

Cap Rate 8%

Building Details

Year Built 2015
Listing Agency: Matthews Real Estate Investment Services | Atlanta
Listed By: Connor Knauer · License #413436 (GA)
Source: Matthews
Added: Jun 17 Changed: Sep 3 Last Checked: Sep 24 at 6:36AM

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 Matthews Real Estate Investment Services | Atlanta

Investment Insights

Based on property information with market context.

This retail storefront property contains 8,215 square feet and was constructed in 2015. The asset is positioned for continued commercial occupancy within a dedicated retail building.

The property is located at 198 Oak Street in Dawson, Minnesota. Financial performance is represented by an 8.00% CAP rate, providing a key underwriting metric for prospective purchasers.

Key Highlights

  • 8,215‑square‑foot retail storefront property
  • Constructed in 2015
  • 8.00% CAP rate

Property Analytics

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Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Parking Lot & Garage Building Supply Restaurant Electrical Service Cafe & Coffee Shop Butcher

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

171
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 84% Dining 16%
Casey's Shops & Services
8,300 visits/mo 0.2 miles
Dollar General Shops & Services
3,757 visits/mo 0.1 miles
SUBWAY Dining
2,344 visits/mo 0.1 miles
Titan Machinery Shops & Services
446 visits/mo 0.5 miles

Demographics for 56232, MN

2,328
Population
1,039
Households
2.2
Avg Household Size
46
Median Age
25%
College-Educated
95%
High-School Grad
141.8 sq mi
ZIP Area
16
Density / Sq Mi
$77,132
Median Household Income
$43,320
Median Earnings
$618
Median Rent
$163,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Heather Nursery & Florist — 910 6th St, Dawson, MN 56232

Frequently Asked Questions

What type of property is this?
Storefront property - The property offers a substantial retail footprint in a 2015-built building.
Where is this storefront property located?
The property is located at 198 Oak St Dawson, MN.
What is the asking price?
The asking price for this property is $978,055.
What are key features of this property?
This property features: 8,215‑square‑foot retail storefront property; Constructed in 2015; 8.00% CAP rate
More about this property
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