Building Details

Year Built 1956

Listing Agency: Parcel Properties

Listed By: Tanner Nordlund · License #MN

Source: Crexi

Added: Jun 11, 2024 Changed: Jul 10 Last Checked: Jul 31 at 12:48PM

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Investment Insights

Based on property information with market context.

This property offers an opportunity to purchase high visibility retail or light industrial space located near Highway 10, just north of St. Cloud. The property has been the site of a small engine repair and power equipment sales business for many years. The property size is 4256 square feet.

Key Highlights

• High visibility location
• Close proximity to Hwy 10
• Suitable for retail or light industrial use

Property Analytics

Property Profile

Current Use

Rice Fire Department Fire Station Arnies Log & Lawn Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Storage Facility Hair Salon Pharmacy Garden Center Furniture & Home Goods

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

141

Businesses Nearby

55k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 57% Dining 43%

Holiday Station Store Shops & Services

15,547 visits/mo 0.1 miles

McDonald's Dining

10,848 visits/mo 0.2 miles

SUBWAY Dining

7,531 visits/mo 0.2 miles

Dollar General Shops & Services

7,466 visits/mo 0.3 miles

BP Shops & Services

7,199 visits/mo 0.2 miles

Demographics for 56367, MN

7,164

Population

2,899

Households

2.5

Avg Household Size

38

Median Age

26%

College-Educated

95%

High-School Grad

101.8 sq mi

ZIP Area

70

Density / Sq Mi

$102,429

Median Household Income

$54,418

Median Earnings

$1,222

Median Rent

$270,100

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - High visibility retail/light industrial space near Hwy 10.

Where is this retail space located?

The property is located at 245 E Main St Rice, MN.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: High visibility location; Close proximity to Hwy 10; Suitable for retail or light industrial use