Property profile

16730 Us 2 Bagley, MN 56621

OFF-MARKET
Commercial real estate
10,205 SF 1.64 ac lot Built 1980
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Property summary

AI-generated overview

This exceptional 10,205 square foot property located at 16730 US 2 in Bagley, Minnesota, presents a unique investment opportunity. Situated on a 1.64-acre lot, this building currently functions as a community event center and charter school. Its adaptable design makes it suitable for a variety of uses. The property includes a fully equipped commercial kitchen, perfect for catering large events such as weddings, funerals, and community gatherings. The spacious interior offers ample room for various configurations, making it ideal for a wide range of functions. The existing setup as a charter school demonstrates its suitability for educational purposes, while the event center aspect highlights its potential for community engagement. The property's size and location in Bagley, MN, offer significant potential for growth and return on investment. This versatile space is ready for a new owner to capitalize on its existing infrastructure and adapt it to their specific needs. The asking price is $790,000. This is a rare chance to acquire a substantial commercial property with diverse potential in a thriving community. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Year built 1980
Total area 10,205 SF
Lot 1.64 ac (71,438 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16730 Us 2 Bagley, MN 56621
Bagley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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