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Single-Tenant Bank Building
For Sale
$230,000

580 Main St, Holdingford, MN 56340

Fully built-out banking facility with private offices, a vault, safety deposit boxes, and drive-through teller lanes.

Property Size2,812 SF
Price / SF$81.79
Days on Market16

Property Features for 580 Main St

General Information

Standard status Active
Size 2,812 SF
Class C
Property subtype Other - Special Purpose
Occupancy 100%

Additional Details

Drive-Thru Yes

Amenities

drive-through teller lanes

Building Details

Building Size 2,812 SF
Year Built 1977
Buildings 1
Tenancy Single
Listing Agency: Inventure Real Estate
Listed By: Bill Molitor · License #20455062
Source: Commercialcafe
Added: Aug 17 Changed: Aug 30 Last Checked: Aug 31 at 1:35PM

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 Inventure Real Estate

Investment Insights

Based on property information with market context.

Located at 580 Main St in Holdingford, this 2,812-square-foot bank property was built in 1977 and includes a finished basement. The interior is configured for active banking operations, with a spacious lobby, several private offices, a resource room, a vault with safety deposit boxes, and drive-through teller lanes.

Stearns Bank occupies the building under a two-year lease, with two additional two-year renewal options. The property sits on Main Street in downtown Holdingford, adjacent to the Lake Wobegon Trail. Its established banking layout and existing occupancy provide a defined operating profile for a commercial property buyer.

Key Highlights

  • 2,812‑square‑foot bank building constructed in 1977
  • Finished basement adds functional space beyond the main level
  • Stearns Bank occupancy under a two‑year lease

Property Analytics

Current Use

Banks

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

Demographics for 56340, MN

2,394
Population
1,013
Households
2.4
Avg Household Size
37
Median Age
16%
College-Educated
98%
High-School Grad
50.9 sq mi
ZIP Area
47
Density / Sq Mi
$89,211
Median Household Income
$49,223
Median Earnings
$1,066
Median Rent
$286,800
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?
Bank - Fully built-out banking facility with private offices, a vault, safety deposit boxes, and drive-through teller lanes.
Where is this bank located?
The property is located at 580 Main St Holdingford, MN.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 2,812‑square‑foot bank building constructed in 1977; Finished basement adds functional space beyond the main level; Stearns Bank occupancy under a two‑year lease
More about this property
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