Listing Agency: National Realty Guild j***@yahoo.com Show Phone

Listed By: Janelle Lake Show Phone

Source: Exprealty

Added: Apr 1 Changed: Aug 30 Last Checked: Aug 30 at 8:07PM

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Investment Insights

Based on property information with market context.

This mixed-use building combines an existing ice cream shop layout with a commercial kitchen and retail area. The upper level contains a completely remodeled and updated two-bedroom apartment, creating a separate residential component within the property. The apartment is identified for short- or long-term rental use.

The property is located at 16 Main St SE in Menahga, within the city center and near local amenities. The lake and other city destinations are within walking distance, placing the building in an active downtown setting.

Key Highlights

• Commercial kitchen within an existing ice cream shop and retail configuration
• Completely remodeled and updated upstairs 2‑bedroom apartment
• Upper‑level residential unit identified for short- or long‑term rental use

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Real Estate Agency Storage Facility Plumbing Service Pharmacy 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.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

183

Businesses Nearby

Explore this area Business Placement

Demographics for 56464, MN

4,864

Population

2,532

Households

1.9

Avg Household Size

39

Median Age

22%

College-Educated

93%

High-School Grad

256.8 sq mi

ZIP Area

19

Density / Sq Mi

$70,505

Median Household Income

$39,517

Median Earnings

$852

Median Rent

$195,400

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

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Retail space includes a commercial kitchen and a remodeled two-bedroom upper-level apartment.

Where is this mixed-use property located?

The property is located at 16 Main St Se Menahga, MN.

What is the asking price?

The asking price for this property is $160,000.

What are key features of this property?

This property features: Commercial kitchen within an existing ice cream shop and retail configuration; Completely remodeled and updated upstairs 2‑bedroom apartment; Upper‑level residential unit identified for short- or long‑term rental use