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Three-Level Mixed-Use Building
For Sale
$86,000

301 Chestnut Street, Virginia, MN 55792

Historic commercial property with office space, separate lower-level access, and adaptable interior areas.

Property Size3,000 SF
Price / SF$28.67
Days on Market288

Property Features for 301 Chestnut Street

General Information

Standard status Active
Size 3,000 SF
Property subtype Commercial Sale / Mixed Use

Taxes and HOA fees

Annual Taxes $1,650

Amenities

Central Air
Hot Water, Natural Gas
Full
11-15 Feet
Concrete Block
Flat
3
Concrete
Brick, Wood

Building Details

Year Built 1913
Buildings 1
Stories 3
Listing Agency: Z' Up North Realty
Listed By: Andrea Zupancich · License #MN 40149923
Source: Compass
Added: Nov 16, 2025 Changed: Aug 30 Last Checked: Aug 30 at 12:00AM

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 Z' Up North Realty

Investment Insights

Based on property information with market context.

This three-level commercial building combines an operating law office with additional space for storage or future repositioning. The main floor includes four private offices, a reception area, two bathrooms, and a shared office, with tall ceilings and central air. Hot-water service is provided by natural gas.

The lower level has its own street-facing exterior entrance and is currently used for storage. Original pressed-tin ceilings and mosaic tile flooring remain, adding period character to the space. The building has not experienced flooding and previously served as a clothing store. Located at 301 Chestnut Street in Virginia, Minnesota, the property offers a mix of existing professional-office improvements and unfinished lower-level area within one commercial structure.

Key Highlights

  • Three levels of commercial space at 301 Chestnut Street, Virginia, MN 55792
  • Main level includes 4 private offices, reception area, 2 bathrooms, and a shared office
  • Lower level has a separate exterior street‑side entrance and is currently used for storage

Property Analytics

Current Use

Colosimo, Patchin, Kearney, ... Law Firm Nancy A. Roe Law Firm Adam Licari & Nancy ... Law Firm

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Plumbing Service Garden Center (Bike/Boat/Book/etc) 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

696
Businesses Nearby

Demographics for 55792, MN

9,827
Population
5,628
Households
1.7
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
95.7 sq mi
ZIP Area
103
Density / Sq Mi
$50,616
Median Household Income
$40,275
Median Earnings
$795
Median Rent
$128,200
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic commercial property with office space, separate lower-level access, and adaptable interior areas.
Where is this mixed-use property located?
The property is located at 301 Chestnut Street Virginia, MN.
What is the asking price?
The asking price for this property is $86,000.
What are key features of this property?
This property features: Three levels of commercial space at 301 Chestnut Street, Virginia, MN 55792; Main level includes 4 private offices, reception area, 2 bathrooms, and a shared office; Lower level has a separate exterior street‑side entrance and is currently used for storage
More about this property
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