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    104 Wall St Onamia, MN 56359

    Sponsored
    For Sale
    $875,000

    Turnkey Business & Real Estate

    Property size:
    7,760 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property in Onamia, Minnesota, presents a unique investment opportunity. Located at 104 Wall S Street, this 1.05-acre lot features a 7,760 square foot building, encompassing a 5,400 square foot retail space, a 1,200 square foot warehouse, and a 300 square foot office. The property boasts a convenient drive-in door, enhancing operational efficiency. The building is situated on Highway 169 and Main Street, a high-traffic location with an estimated 7,000 cars passing daily. This established business, operating successfully for over 25 years, includes all furniture, fixtures, and equipment in the sale price of $875,000. Inventory is available separately, with an estimated value of $379,000. This turnkey operation offers immediate income potential and significant long-term growth prospects in a thriving community near the popular Brainerd Lakes area. The property's prime location and established business history make it an attractive investment for discerning buyers seeking a profitable venture in a desirable Minnesota market. The Mille Lacs County location provides access to a strong customer base and ample opportunities for expansion. This is a rare chance to acquire a well-established business and valuable real estate in one comprehensive package.

    Property Features for 104 Wall St

    General Information

    Property type
    Land
    Square Feet
    7,760 SF
    Lot Size
    45,738 SF

    Building Details

    Units
    1

    HighLights

    • Exceptional investment opportunity in Onamia, MN.
    • 1.05‑acre lot with 7,760 SF building (5,400 SF retail, 1,200 SF warehouse, 300 SF office).
    • High‑traffic location on Highway 169 and Main Street (approx. 7,000 cars daily).
    • Established business (25+ years) includes all FF&E; $875,000 asking price.
    • Inventory available separately, estimated value $379,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agnew Hardware Hank Hardware Store UPS Authorized Shipping ... Shipping And Mailing Service

    Map

    City
    Onamia
    County
    Mille Lacs
    State
    Minnesota
    Longitude
    -93.6592026
    Latitude
    46.0722799

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    FAQs

    What type of property is this?
    Land - Turnkey Business & Real Estate
    Where is this land located?
    The property is located at 104 Wall St Onamia, MN.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity in Onamia, MN.; 1.05-acre lot with 7,760 SF building (5,400 SF retail, 1,200 SF warehouse, 300 SF office).; High-traffic location on Highway 169 and Main Street (approx. 7,000 cars daily).
    Request Owner's contact information
    104 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
    104 Wall St Onamia, MN 56359
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