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    110 Wall St Onamia, MN 56359

    For Sale
    $720,554

    Versatile Commercial Building, Hwy 169 Corridor

    Property size:
    20,071 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 20,071 square foot commercial property at 110 Wall Street in Onamia, Minnesota presents a unique investment or owner-user opportunity. Situated on a 2.17-acre lot along the heavily trafficked Highway 169 corridor, this building boasts a flexible layout ideal for multiple uses. Currently vacant, the property features a mix of retail, executive office, and warehouse space, including a dedicated restaurant area. The building's adaptable design allows for either single-tenant occupancy or division into separate units. Key features include two loading docks, two drive-in doors, ample parking (27 spaces), and high ceilings ranging from 17.56' to 24.5'. Built in 2005, the structure is constructed with a steel frame and features a standing seam steel panel roof. The property is served by city water and sewer and benefits from multiple amperage panels, including three-phase electric service. Zoned C1 - Highway Commercial, this property offers significant potential for a variety of businesses. The asking price is $720,554, with a NNN lease rate of $4.00 per square foot. The property's adjacency to Hardware Hank provides excellent visibility and synergy. This is an outstanding opportunity for an investor seeking a strong return or a business looking to expand or relocate to a prime location. The property's APN is 22-850-0010.

    Property Features for 110 Wall St

    General Information

    Property type
    Restaurants
    Square Feet
    20,071 SF
    Lot Size
    94,525 SF

    Building Details

    Year Built
    2005

    HighLights

    • High‑capacity electrical service with multiple amperage panels and three‑phase power.
    • Steel frame construction.
    • Fire sprinkler system installed.
    • Standing seam metal roof.
    • City water and sewer.
    • Lease rate: $4.00 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NOBLE WEAR T-Shirt Store

    Map

    City
    Onamia
    County
    Mille Lacs
    State
    Minnesota
    Longitude
    -93.6881512
    Latitude
    46.1115554

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    FAQs

    What type of property is this?
    Restaurant - Versatile Commercial Building, Hwy 169 Corridor
    Where is this restaurant located?
    The property is located at 110 Wall St Onamia, MN.
    What is the asking price?
    The asking price for this property is $720,554.
    What are key features of this property?
    This property features: High-capacity electrical service with multiple amperage panels and three-phase power.; Steel frame construction.; Fire sprinkler system installed.
    Request Owner's contact information
    110 Wall St Onamia, MN 56359
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    Onamia, MN 56359
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    110 Wall St Onamia, MN 56359
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