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    201 Main St Crookston, MN 56716

    Sponsored
    For Lease
    $10 SF/Yr

    Prime Crookston commercial space, multiple suites available.

    Lot size:
    1,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Merchants Bank Building, located at 201 N Main St, Crookston, MN 56716, offers exceptional commercial space for lease in Polk County. This property features multiple suites, ideal for a variety of businesses. The building's versatile design accommodates businesses ranging from traditional office spaces and coworking setups to creative offices and retail establishments. The building is situated at a highly visible, lighted intersection of N. Main St and 2nd St W., ensuring excellent exposure for your business. The flexible suite sizes allow for businesses of all scales

    Property Features for 201 Main St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,560 SF

    Unit(s) available at that property

    Space
    201 N Main St
    Size
    980 SF
    Rate per SF
    $11
    Space
    202 W 2nd St
    Size
    580 SF
    Rate per SF
    $10

    HighLights

    • High‑profile corner location at North Main Street and 2nd Street West.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    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
    Crookston
    County
    Polk
    State
    Minnesota
    Longitude
    -96.607565368205
    Latitude
    47.775166259607

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    FAQs

    What type of property is this?
    Office space - Prime Crookston commercial space, multiple suites available.
    Where is this office space located?
    The property is located at 201 Main St Crookston, MN.
    What is the lease rate?
    The lease rate is $10-$11 SF/Yr.
    What are key features of this property?
    This property features: High-profile corner location at North Main Street and 2nd Street West.; ;
    Request Owner's contact information
    201 Main St Crookston, MN 56716
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    Crookston, MN 56716
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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
    201 Main St Crookston, MN 56716
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