Listing Agency: Colliers - Rosemont, Illinois Show Phone

Listed By: Peter Block · License #471002226

Source: Crexi

Added: Apr 17, 2024 Changed: Aug 8 Last Checked: May 12 at 9:59PM

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Investment Insights

Based on property information with market context.

This commercial property is located on the corner of 8th Avenue SE (King of Trails) and 4th Street SE, situated along the main retail corridor of Pipestone, Minnesota. The property features a large 1.2-acre hard corner lot. It is zoned for commercial use. The site includes a closed convenience store with in-ground tanks.

Key Highlights

• Prime commercial location on the corner of 8th Avenue SE and 4th Street SE in Pipestone, MN.
• Large 1.2 acre hard corner lot.
• Zoned Commercial.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Furniture & Home Goods Bakery Garden Center Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

352

Businesses Nearby

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Demographics for 56164, MN

5,678

Population

2,634

Households

2.2

Avg Household Size

41

Median Age

23%

College-Educated

93%

High-School Grad

240.5 sq mi

ZIP Area

24

Density / Sq Mi

$71,550

Median Household Income

$40,420

Median Earnings

$727

Median Rent

$133,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial property on a corner lot in Pipestone, Minnesota.

Where is this commercial land located?

The property is located at 309 8th Ave SE Pipestone, MN.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Prime commercial location on the corner of 8th Avenue SE and 4th Street SE in Pipestone, MN.; Large 1.2 acre hard corner lot.; Zoned Commercial.