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    200 Alton Ave New Prague, MN 56071

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Shop, 1,200 sq ft.

    Lot size:
    73,415 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail space, located at 200 Alton Ave in New Prague, Minnesota, offers 1,200 square feet of versatile commercial space within the larger New Prague Commons complex. The entire building encompasses 73,415 square feet, providing ample space for potential synergy with other businesses. This single-suite property is situated in Le Sueur County, zip code 56071, offering convenient access for customers and employees alike. The property is currently available for lease and presents a fantastic opportunity for a variety of retail businesses seeking a prominent location in a thriving community. The space is ready for immediate occupancy, allowing for a quick start to operations. With its strategic location and ample square footage, this retail space is ideal for businesses looking to establish a strong presence in the New Prague market. The property's address is easily accessible and benefits from high visibility, ensuring maximum exposure for your business. This is a rare opportunity to secure a well-positioned retail space in a desirable location. The 1,200 square feet provides ample room for a variety of retail configurations, allowing for customization to suit specific business needs. Don't miss this chance to secure your place in the vibrant New Prague business community.

    Property Features for 200 Alton Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    73,415 SF

    Unit(s) available at that property

    Space
    Available Space 10
    Size
    1,200 SF

    HighLights

    • 1,200 SF retail space available for lease in New Prague Commons, New Prague, MN.
    • Anchored by Coborn's, the city's only full‑service grocery store.
    • Strong tenant mix including national retailers like Anytime Fitness and Verizon Wireless.
    • Conveniently located in the southwest Minneapolis‑St. Paul metro area with easy I‑35 access.
    • New development coming soon!
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Prague
    County
    Le Sueur
    State
    Minnesota
    Longitude
    -93.5556017
    Latitude
    44.5418882

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Shop, 1,200 sq ft.
    Where is this individual retail property located?
    The property is located at 200 Alton Ave New Prague, MN.
    What are key features of this property?
    This property features: 1,200 SF retail space available for lease in New Prague Commons, New Prague, MN.; Anchored by Coborn's, the city's only full-service grocery store.; Strong tenant mix including national retailers like Anytime Fitness and Verizon Wireless.
    Request Owner's contact information
    200 Alton Ave New Prague, MN 56071
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    New Prague, MN 56071
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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
    200 Alton Ave New Prague, MN 56071
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