Building Details

Year Built 1918

Listing Agency: MAGES LAND COMPANY & AUCTION SERVIC

Listed By: MATTHEW MAGES · License #40041457 Show Phone

Source: Waseca-realty

Added: Jul 13 Changed: Oct 24 Last Checked: Oct 24 at 3:11PM

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Investment Insights

Based on property information with market context.

An established furniture and home-furnishings business operates at 200 W Main Street in Sleepy Eye, Minnesota. The company dates to 1983, and its current owner has run it since 2001. Merchandise categories include furniture, mattresses, bedding, home décor, carpet, and luxury vinyl plank flooring, sourced from nationally recognized manufacturers.

The business sale includes equipment, fixtures, and a delivery van. Inventory is not included. The building was constructed in 1918.

Key Highlights

• Furniture business established in 1983; current owner has operated it since 2001
• Sale includes equipment, fixtures, and a delivery van; inventory is excluded
• Product mix includes furniture, mattresses, bedding, home décor, carpet, and luxury vinyl plank flooring

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Nail Salon Restaurant Dental Office

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

310

Businesses Nearby

12k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 60% Shops & Services 40%

Hardee's Dining

4,884 visits/mo 0.3 miles

Dollar Tree Shops & Services

4,081 visits/mo 0.4 miles

SUBWAY Dining

2,177 visits/mo 0.4 miles

Napa Auto Parts Shops & Services

612 visits/mo 0.3 miles

Demographics for 56085, MN

5,087

Population

2,409

Households

2.1

Avg Household Size

45

Median Age

20%

College-Educated

95%

High-School Grad

205.9 sq mi

ZIP Area

25

Density / Sq Mi

$70,429

Median Household Income

$41,834

Median Earnings

$751

Median Rent

$162,100

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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Flex Space with Load-Out Doors

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Frequently Asked Questions

What type of property is this?

Retail space - The furniture retailer’s sale includes operating equipment, fixtures, and a delivery van; inventory is excluded.

Where is this retail space located?

The property is located at 200 W Main Street Sleepy Eye, MN.

What is the asking price?

The asking price for this property is $239,900.

What are key features of this property?

This property features: Furniture business established in 1983; current owner has operated it since 2001; Sale includes equipment, fixtures, and a delivery van; inventory is excluded; Product mix includes furniture, mattresses, bedding, home décor, carpet, and luxury vinyl plank flooring