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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

14663 Mercantile Dr Hugo, MN 55038

17,925 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 14663 Mercantile Dr N in Hugo, Minnesota, 55038, presents a rare opportunity. The Victor Gardens South Village offers 10,250 square feet of vacant space within a larger 17,925 square foot building. The property is zoned for both traditional office and medical office uses, making it highly versatile. The building features attractive four-sided architecture, providing excellent visibility and accessibility. Ample parking is available for tenants and their clients. The location boasts well-exposed storefronts facing a main thoroughfare, ensuring high traffic and visibility. The property is situated in the charming Victor Gardens area of Hugo, Washington County, Minnesota. Property taxes are $6.35 per square foot. This multi-tenant building offers a unique chance to establish a presence in a desirable location with strong visibility and convenient access. The available space is ideal for a variety of businesses seeking a well-maintained and strategically located commercial space. The building's design and location combine to create a highly attractive environment for both businesses and their clients. This is a prime opportunity to secure a significant footprint in a thriving community.

Property profile
Verified
Property type Retail properties & Spaces
Total area 17,925 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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