Listing Agency: Kuhlmann Real Estate, Inc. l***@montevideohomes.com Show Phone

Listed By: Larry Sandven Show Phone

Source: Exprealty

Added: Apr 2 Changed: Aug 11 Last Checked: Aug 19 at 2:58PM

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Investment Insights

Based on property information with market context.

This commercial storefront building contains 5,040 square feet and is offered for sale. The property provides a dedicated retail-oriented setting for a business seeking a physical location in Milan, Minnesota.

Located at 242 N 2nd St, the building is positioned within the community’s main-street setting. Its storefront format and overall size provide a straightforward base for a range of commercial operations, subject to applicable requirements.

Key Highlights

• 5,040‑square‑foot commercial storefront building
• Located at 242 N 2nd St, Milan, MN
• Main‑street setting in Milan

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Hair Salon Nail Salon

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

36

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 56262, MN

775

Population

354

Households

2.2

Avg Household Size

37

Median Age

22%

College-Educated

85%

High-School Grad

69.1 sq mi

ZIP Area

11

Density / Sq Mi

$85,156

Median Household Income

$39,659

Median Earnings

$1,096

Median Rent

$101,300

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?

Storefront property - A substantial storefront building available for a new business venture in Milan.

Where is this storefront property located?

The property is located at 242 N 2nd St Milan, MN.

What is the asking price?

The asking price for this property is $159,900.

What are key features of this property?

This property features: 5,040‑square‑foot commercial storefront building; Located at 242 N 2nd St, Milan, MN; Main‑street setting in Milan