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Medical Office with Full Basement
For Sale
$154,900

407 NW Lincoln Street, Adams, MN 55909

Commercial Sale, Adams, MN

Property SizeContact for details
Lot Size0.08 Acres
Days on Market59

Property Features for 407 NW Lincoln Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features On Street
Window features Double Pane Windows
Accessibility Accessible Approach with Ramp
Subdivision Lewison 2nd Add
High school district Southland
Directions Turn north at Clark Gas Station, then west onto Lincoln St, property on south side
Standard status Active
APN 210080011
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1258

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

Reception area
bathroom
breakroom
full basement
Handicap accessible

Building Details

Year built 1959
Building materials Block, Frame
Roof type Shingle
Listing Agency: Real Broker, LLC.
Listed By: Matt Bartholomew · License #40573483
Added: Aug 12 Changed: Oct 8 Last Checked: Oct 9 at 2:06PM
MLS# 7126468

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This medical office space is arranged with a reception area, three offices, a bathroom, and a breakroom. A full basement adds a separate area within the building. The structure dates to 1959 and has block and frame construction, forced-air heating, central air conditioning, and a shingle roof. An accessible approach with a ramp serves the entrance.

The property is at 407 NW Lincoln Street in Adams, Minnesota. Parking is available on the street.

Key Highlights

  • Reception area, three offices, bathroom, and breakroom
  • Full basement
  • Ramp provides an accessible approach

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Electrical Service Plumbing Service Building Supply Auto Parts Store Grocery & Convenience Store Big Box & Wholesale 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

85
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55909, MN

1,325
Population
628
Households
2.1
Avg Household Size
46
Median Age
31%
College-Educated
97%
High-School Grad
52.6 sq mi
ZIP Area
25
Density / Sq Mi
$93,750
Median Household Income
$49,929
Median Earnings
$597
Median Rent
$205,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - A reception area, three offices, a breakroom, and ramp access support day-to-day operations.
Where is this medical office space located?
The property is located at 407 NW Lincoln Street Adams, MN.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: Reception area, three offices, bathroom, and breakroom; Full basement; Ramp provides an accessible approach
More about this property
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