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2 Division St E Buffalo, MN 55313

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For Sale
$1,300,000

Office/retail building in downtown Buffalo with lake views.

Property size:
10,440 SF
Lot size:
0.12 Acres

Property Features for 2 Division St E

General Information

Size
10,440 SF
Lot size
0.12 Acres

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Listing Contact
Royce Durhman, CCIM
Source: Moodyscre

Listing Agency: KW Commercial - Minnetonka Listing Agent: Royce Durhman, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Downtown Buffalo Office/Retail Building

Located in downtown Buffalo, this 10,440 square foot office/retail building offers picturesque views of Buffalo Lake. Renovated in 2004 and in great condition, it presents an opportunity for an owner-user or investor. The building is near downtown businesses, restaurants, and coffee shops. A 2,613 square foot office unit is available on the upper level, featuring corner suite views and a balcony facing Buffalo Lake. This suite includes 5 private offices with high ceilings, a full kitchenette, a conference room, and a reception area. The remaining unit is on the lower level. The seller is willing to lease back the lower-level unit for up to one year after closing. The property has a brick exterior, high ceilings, and windows. Each unit is separately metered for gas and electric. Tenants reimburse the landlord for utilities, and most reimburse for their pro rata share of property taxes. The B-5 Central Business District Zoning allows for most office and retail uses. Ample off-street, city-maintained parking is available with minimal snow removal responsibilities. The HVAC system includes 2 furnaces, one replaced in 2025 and the other in 2004, along with 2 rooftop A/C units installed in 2004.
Location Intelligence

Current Use by Public Records

Insurance Lab Insurance Agency Dr Joseph Shagalow Doctor Twin Cities Behavioral ... Mental Health Service L&AChimney&DryerVentCleaning Chimney Sweep em•bel•lish Store

Suggested Use

Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Buffalo
County
Wright
State
Minnesota
Longitude
-93.875985
Latitude
45.171822

FAQs

What type of property is this?
Office building - Office/retail building in downtown Buffalo with lake views.
Where is this office building located?
The property is located at 2 Division St E Buffalo, MN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - High 8.26% Cap Rate on Pro Forma Income.; - Opportunity for owner-user with a 2,613 USF office unit available featuring corner suite views, a balcony facing Buffalo Lake, 5 private offices, high ceilings, a full kitchenette, conference room, and reception area.; - Existing tenants and income in place with 4 of 6 units currently leased.
More about this property
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