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    Melrose Industrial Property with Showroom
    Updated: Jun 26, 2024
    Melrose Industrial Property with Showroom

    711 E Main Street, Melrose, MN 56352

    $295,000
    1,415 sqft 2.07 AC lot
    Large 7,352 SF industrial building suitable for owner occupancy
    High visibility corner location near downtown on East Main Street
    Heavy three‑phase power
    Potential for future building expansion on 2.07 acres comprised of 4 parcels
    Recently renovated exterior (new steel exterior and roof in 2010)
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    This listing looks promising.

    Here's a quick look at some key insights for

    711 E Main Street, Melrose, MN 56352

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $233K
      Suggested

    • Property Type

      Manufacturing (Light)
      Built 1951
    View Property Analytics
    Brand-New Office Suites
    Updated: Dec 27, 2023
    Brand-New Office Suites

    325 1st Street NE, Melrose, MN 56352

    Contact for pricing
    4,442 sqft
    Five brand‑new commercial office suites available with flexible layouts
    Suite sizes range from 650 to 1,050 sq. ft.
    Year built: 2024
    Paved driveway and lot parking available
    Building includes 29 residential units, creating an on‑site customer base
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Melrose, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    End Unit Wellness Office Suite
    End Unit Wellness Office Suite

    803-510 22nd Ave E, Alexandria, MN 56308

    $549,900
    2,500 sqft

    End unit suite currently operating as a salon, offering nearly 2,500 square feet with parking and exposure nearby businesses.

    View details
    Multi-Tenant Office Building
    Multi-Tenant Office Building

    708 Elm Street East, Saint Joseph, MN 56374

    $850,000

    Multi-tenant building with multiple suites and strong County Road 75 visibility near I-94 access.

    View details
    Saint Joseph Business Center Space
    Saint Joseph Business Center Space

    710 E County Road 75 E, Saint Joseph, MN 56374

    Contact for pricing
    1,350 sqft

    1,350 SF space in high-traffic Saint Joseph location.

    View details
    Professional Office Suite with Private Bath
    Professional Office Suite with Private Bath

    6-303 22nd Ave W, Alexandria, MN 56308

    Contact for pricing

    Office suite in a professional building with a private entrance, parking, and one large office with a private bath.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land Parcel
    Commercial Development Land Parcel

    State Highway 23, Saint Cloud, MN 56301

    $1,414,000
    24.26 AC lot

    Zoned commercial tract near a high-traffic corridor, offering approximately 11 acres of buildable land for multiple concepts.

    View details
    Land for Multi-Family Housing
    Land for Multi-Family Housing

    1610 7th Avenue E, Alexandria, MN 56308

    $249,900
    2.16 AC lot

    2.16 acre lot zoned for multi-family housing development.

    View details
    Industrial Development Land Site
    Industrial Development Land Site

    S Broadway, Alexandria, MN 56308

    $339,900
    5.00 AC lot

    5-acre development site with a 1-acre buildable area and options for parking, storage, and outdoor uses.

    View details
    Commercial Land in High Traffic Area
    Commercial Land in High Traffic Area

    30th Ave, Alexandria, MN 56308

    $207,600
    1.19 AC lot

    Develop a commercial site on 1.19 acres in a high-traffic area of Alexandria, MN.

    View details

    Melrose, MN Office Spaces Market Trends and Statistics

    Explore 2 office spaces for sale in Melrose, MN on our real estate platform. These investment opportunities span a total of 5,857 square feet of properties for sale, with an estimated market value of $295,000.

    Sale prices for office spaces in Melrose, MN average $295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 2

    Demographics Overview

    Population 5,955
    Population Growth (5Y) -1.1%
    Median Household Income $71,356
    College Educated 26.4%

    High-Yield Neighborhoods for Investment

    Identify Melrose submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56352 $339K

    Taxes & Financing

    Tax Rate (average for all types) 2.38%
    Property Tax per SF $53.54 per SF
    Tax Rate vs County Average 0.42 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Stearns County

    New Delisted

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