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Updated Office Building
For Sale
$325,000

8927 Main Ave, Clear Lake, MN 55319

Multiple private offices, reception areas, and refreshed interior finishes create a flexible commercial layout.

Property SizeContact for details
Days on Market12

Property Features for 8927 Main Ave

General Information

Standard status Active

Additional Details

Road Access Yes
Multifamily Units 1

Building Details

Year Built 1914
Tenancy Single
Owner Occupied No
Listing Agency: Edina Realty, Inc.
Listed By: Laurie McLeod - Coudron Team
Source: Thehomeadvantagegroup
Added: Sep 16 Last Checked: Sep 26 at 11:14AM

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 Edina Realty, Inc.

Investment Insights

Based on property information with market context.

This office building at 8927 Main Ave in Clear Lake combines updated interior finishes with a multi-room configuration. Improvements include a renovated kitchen, refreshed bathrooms and basement, new paint, and updated flooring. Multiple private offices and reception areas provide defined spaces throughout the property, while the building’s 1914 construction adds established character.

The property is currently being used as a residential rental by a single family. Its existing office-oriented layout and recent interior work present a combination of private rooms, welcoming entry areas, and refreshed support spaces.

Key Highlights

  • Updated kitchen, bathrooms, basement, paint, and flooring
  • Multiple private offices and reception areas
  • Currently used as a residential rental by a single family

Property Analytics

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Current Use

Zen Living On Main ... Retirement Community

Suggested Use

Top Pick Auto Repair Shop Building Supply Storage Facility Garden Center Butcher 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.

Lease Details

1
Residential units
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

Demographics for 55319, MN

5,415
Population
2,144
Households
2.5
Avg Household Size
43
Median Age
31%
College-Educated
96%
High-School Grad
71.3 sq mi
ZIP Area
76
Density / Sq Mi
$111,343
Median Household Income
$58,663
Median Earnings
$950
Median Rent
$349,300
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
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Frequently Asked Questions

What type of property is this?
Office building - Multiple private offices, reception areas, and refreshed interior finishes create a flexible commercial layout.
Where is this office building located?
The property is located at 8927 Main Ave Clear Lake, MN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Updated kitchen, bathrooms, basement, paint, and flooring; Multiple private offices and reception areas; Currently used as a residential rental by a single family
More about this property
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