101 Main St Chokio, MN 56221
This exceptional 2,300 square foot office building at 101 N Main Street, Chokio, MN presents a remarkable investment opportunity. Priced affordably at $92,500, this property offers significant value for its size and features. Situated on a 0.15-acre lot, the building boasts a welcoming Main Street frontage and convenient private parking in the rear, with potential for additional storage. The interior is fully updated and features numerous offices, suitable for a single business or multiple tenants. All rooms are handicap accessible, eliminating any steps for easy navigation. Modern amenities include a newer forced air furnace and central air conditioning system, ensuring year-round comfort. Security is enhanced by a comprehensive security system. The exterior is equally impressive, showcasing a durable steel roof and siding. Internal features include both public and private restrooms, adding to the building's functionality and appeal. Previously used as a dental practice, this versatile space is ready for immediate occupancy by a new business. The combination of its prime location, updated features, and competitive price makes this an exceptional investment opportunity not to be missed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.