Listing Agency: Berkshire Hathaway HomeServices Advantage Real Estate d***@owatonnarealestate.com Show Phone

Listed By: Kerry Much Show Phone

Source: Exprealty

Added: Oct 7 Changed: Oct 10 Last Checked: Oct 11 at 7:26AM

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Investment Insights

Based on property information with market context.

At 213 Broadway Ave N in New Richland, this flex property combines a heated and cooled work area with dedicated office space and a half bath. Concrete floors and two garage doors, each 14 feet tall, round out the interior features.

The property is located in downtown New Richland, Minnesota.

Key Highlights

• Two garage doors, each 14 feet tall
• Heated and cooled workspace with concrete floors
• Dedicated office and half bath

Property Analytics

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Current Use

909 Powersports Auto Parts Store 909 Motorsports Auto Parts Store

Suggested Use

Top Pick Dental Office Building Supply Electrical Service Auto Repair Shop Plumbing Service 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.

Location Intelligence

Trade Area within ½ mile

123

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 56072, MN

2,401

Population

1,034

Households

2.3

Avg Household Size

45

Median Age

19%

College-Educated

95%

High-School Grad

121.0 sq mi

ZIP Area

20

Density / Sq Mi

$77,917

Median Household Income

$42,679

Median Earnings

$775

Median Rent

$200,000

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Flex space - Climate-controlled work area has concrete flooring, a half bath, and two garage entrances.

Where is this flex space located?

The property is located at 213 Broadway Ave N New Richland, 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: Two garage doors, each 14 feet tall; Heated and cooled workspace with concrete floors; Dedicated office and half bath