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    108 1St Ave Hutchinson, MN 55350

    Sponsored
    For Lease
    Contact for pricing

    6,040 SF Free-Standing Building Available

    Lot size:
    6,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,040 square foot free-standing retail building is ideally located at 108 1st Ave NE in Hutchinson, Minnesota, zip code 55350. Currently entirely vacant, this property presents a unique opportunity for a single tenant or multiple tenants seeking a prominent location in a thriving market. The building boasts a modern and well-maintained exterior, complemented by a versatile interior layout suitable for a wide range of retail uses. Ample parking is available, ensuring convenient access for both employees and customers. The property's strategic placement offers excellent visibility from major thoroughfares, maximizing exposure and attracting significant foot traffic. Its prime location within Hutchinson provides easy access to the city's amenities and a strong customer base. This is an exceptional opportunity to establish a strong commercial presence in a dynamic and growing area. The entire 6,040 square feet is available for lease, offering flexibility for businesses of various sizes and needs. The property's modern design and convenient location make it an attractive option for businesses seeking a high-profile location in Hutchinson, Minnesota. This represents a rare chance to secure a well-maintained, highly visible retail space in a desirable market.

    Property Features for 108 1St Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,040 SF

    Unit(s) available at that property

    Space
    108 1st Ave. NE
    Size
    6,040 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hutchinson
    County
    Mcleod
    State
    Minnesota
    Longitude
    -94.3674732
    Latitude
    44.8928965

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    Nearby Similar for Lease

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      Remodeled Office Space Available

      Newly remodeled office space for lease on Walmart outlot.
      1250 Highway 15 S, Hutchinson, MN 55350
      View Details

    FAQs

    What type of property is this?
    Individual retail property - 6,040 SF Free-Standing Building Available
    Where is this individual retail property located?
    The property is located at 108 1St Ave Hutchinson, MN.
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    108 1St Ave Hutchinson, MN 55350
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    Hutchinson, MN 55350
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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
    108 1St Ave Hutchinson, MN 55350
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