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    OFF-MARKET
    Office Spaces

    102 State St, Waseca, MN 56093

    3,925 SF 0.15 ac lot Built 1908
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,925 square foot office building, situated on a 0.15-acre lot at 102 State Street North in Waseca, Minnesota, presents a unique investment opportunity. The property's open floor plan offers unparalleled flexibility, making it suitable for a wide range of businesses. Its design is particularly well-suited for retail operations, providing ample space for product displays, customer engagement areas, and potential event hosting. The expansive layout allows for customization to perfectly match the needs of a growing enterprise. The building's location on State Street North ensures high visibility and accessibility, benefiting from significant foot traffic, enhancing the potential for customer interaction and business growth. The asking price for this versatile and strategically located commercial property is $620,000. This represents a compelling opportunity to acquire a well-positioned asset in a thriving community. The property's size and adaptable design make it an ideal choice for businesses seeking to establish a strong presence in Waseca. Its prime location and open layout combine to create a dynamic environment conducive to success. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1908
    Total area 3,925 SF
    Lot 0.15 ac (6,534 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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