102 State St, Waseca, MN 56093
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.