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    145 Broadway St Spring Valley, MN 55975

    Sponsored
    For Sale
    $125,000

    Prime investment: 3,500 sq ft, tavern setup.

    Property size:
    3,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 145 S Broadway Street in Spring Valley, Minnesota, presents a compelling investment opportunity. The building encompasses a substantial 3,500 square feet and is ideally situated in the heart of downtown. The commercial space is currently configured as a tavern, complete with a walk-in cooler, two bathrooms, and a recently installed forced air furnace. The interior of the bar area features attractive exposed brick walls, adding to its character and potential. Above the commercial space is a residential apartment, offering additional income potential. This apartment comprises three bedrooms and one bathroom. The property is listed at $125,000 and offers a unique blend of commercial and residential uses, making it an attractive prospect for investors seeking a versatile and established downtown location in Spring Valley, MN (zip code 55975). The property's central location within Fillmore County provides easy access to local amenities and services. This is a rare opportunity to acquire a well-maintained mixed-use building with significant upside potential. The existing tavern setup provides a solid foundation for continued operation or potential redevelopment. The residential apartment offers a stable rental income stream, further enhancing the overall return on investment.

    Property Features for 145 Broadway St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,500 SF

    HighLights

    • $125,000 asking price.
    • Mixed‑use property totaling 3,500 square feet.
    • Located at 145 S Broadway Street, Spring Valley, MN 55975.
    • Features a commercial space with tavern setup, two bathrooms, walk‑in cooler, and new furnace.
    • Includes a 3‑bedroom, 1‑bathroom apartment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring Valley
    County
    Fillmore
    State
    Minnesota
    Longitude
    -92.3905997
    Latitude
    43.6871034

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Mixed-use property - Prime investment: 3,500 sq ft, tavern setup.
    Where is this mixed-use property located?
    The property is located at 145 Broadway St Spring Valley, MN.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: $125,000 asking price.; Mixed-use property totaling 3,500 square feet.; Located at 145 S Broadway Street, Spring Valley, MN 55975.
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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
    145 Broadway St Spring Valley, MN 55975
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