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Multi-Office Business Condo

16 N Mantorville Avenue #1, Kasson, MN 55944

For Sale
$49,900

The interior includes reception and administrative areas, two offices, and distinct rooms for additional activities.

Property SizeContact for details
Days on Market270

Property Features for 16 N Mantorville Avenue #1

General Information

Standard status Active
Property subtype Commercial
Zoning Business/Commercial

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

HOA Fee $640
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $1,252

Building Details

Year Built 1920
Stories 1
Units 1
Listing Agency: Horizon Realty, LLC
Listed By: Carter Blaine
Source: Kerbercastle
Added: Feb 18 Changed: Nov 12 Last Checked: Nov 13 at 2:55AM

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 Horizon Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This office condominium, built in 1920, has a reception area, administrative workspace, and two offices. Separate spaces include a room used for tanning services and a private office. Business/commercial zoning is designated for the property.

The current occupant is willing to discuss a leaseback during the transition. Office furnishings and tanning beds may be available as optional items. The condominium association provides utilities and maintains and supplies the common areas.

Key Highlights

  • Built in 1920
  • Reception area, administrative workspace, and two offices
  • Separate room used for tanning services plus a private office

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Stevenson Insurance Inc Insurance Agency Atypical Title, Inc. Title Company Horizon Real Estate Agency County Line Firearms Gun Shop Paul J Kiltinen ... Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Kitchen & Bath Showroom Grocery & Convenience Store

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

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

398
Businesses Nearby

Demographics for 55944, MN

7,937
Population
3,062
Households
2.6
Avg Household Size
37
Median Age
36%
College-Educated
95%
High-School Grad
59.3 sq mi
ZIP Area
134
Density / Sq Mi
$90,673
Median Household Income
$50,485
Median Earnings
$1,080
Median Rent
$269,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office unit - The interior includes reception and administrative areas, two offices, and distinct rooms for additional activities.
Where is this office unit located?
The property is located at 16 N Mantorville Avenue #1 Kasson, MN.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Built in 1920; Reception area, administrative workspace, and two offices; Separate room used for tanning services plus a private office
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