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    711 Main St Melrose, MN 56352

    Sponsored
    For Sale
    $375,000

    7,352 SF Warehouse, Great Location

    Property size:
    7,352 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 7,352 square-foot industrial building, situated on a 2.07-acre lot in Melrose, Minnesota, presents a compelling investment opportunity. Located on East Main Street, this property enjoys high visibility near the downtown area, approximately 30 miles west of Saint Cloud. The building, originally constructed in 1951 with additions in 1985 and 1987, underwent significant exterior renovations in 2010, including a new steel exterior and roof. The 7,352 square feet are comprised of a reception area, showroom, office space (approximately 1,415 square feet), and a combined shop/warehouse area (approximately 5,937 square feet). Several cranes are currently installed and may be available for purchase separately. The property benefits from three-phase power and sits on four separate parcels, offering potential for future expansion. The asking price is $375,000. This is an ideal property for an owner-occupier seeking a heavy-duty industrial space at an attractive price point. The permitted zoning is industrial.

    Property Features for 711 Main St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    7,352 SF
    Lot Size
    90,169 SF

    Building Details

    Year Renovated
    2010
    Buildings
    1
    Stories
    1

    HighLights

    • $375,000 asking price for a 7,352 SF industrial building.
    • Located on 2.07 acres in Melrose, MN, on East Main Street.
    • Features a 1,415 SF office and 5,937 SF shop/warehouse space.
    • Building renovated in 2010 with a new steel exterior and roof; originally built in 1951 with additions in 1985 & 1987.
    • Includes heavy three‑phase power and multiple cranes (potentially available for purchase).
    • Sits on four separate parcels, allowing for future expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Empire Memorials Inc Monument Maker

    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
    Melrose
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.8029501
    Latitude
    45.6752392

    Nearby Comparable

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      Established Bar & Grill Opportunity

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    Nearby Similar for Sale

    • New
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      Established Bar & Grill Opportunity

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      New Commercial Spaces in Melrose

      New commercial spaces available in a growing community.
      325 1St St NE, Melrose, MN 56352
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    • $700,000
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      Retail Property with Drive-Thru Potential

      Retail property with drive-thru, excellent access, and income potential.
      406 S 2Nd Ave E, Melrose, MN 56352
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      4,442 SF

      Prime Melrose Office Suites

      Five new suites, downtown location, river views.
      325 1St St, Melrose, MN 56352
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    • $78,000
      2,317 SF

      Main Street Melrose Business Space

      Prime location, fully equipped, great potential!
      315 Main St, Melrose, MN 56352
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    • $375,000
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      Melrose Industrial Building - Great Value

      Spacious industrial building, high visibility, 7,352 sq ft
      711 Main St, Melrose, MN 56352
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - 7,352 SF Warehouse, Great Location
    Where is this manufacturing property located?
    The property is located at 711 Main St Melrose, 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: $375,000 asking price for a 7,352 SF industrial building.; Located on 2.07 acres in Melrose, MN, on East Main Street.; Features a 1,415 SF office and 5,937 SF shop/warehouse space.
    Request Owner's contact information
    711 Main St Melrose, MN 56352
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    Melrose, MN 56352
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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
    711 Main St Melrose, MN 56352
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