33040 Aspenwood Dr, Jenkins, MN 56472
This exceptional 14,428 square foot commercial property, situated on a 2.31-acre lot at 33040 Aspenwood Drive in Jenkins, Minnesota, presents a unique investment opportunity. Currently operating as the Sunset Cinema, a five-screen movie theater, the building's versatile design allows for a multitude of uses. A new owner could continue the successful theater operation, capitalizing on its established presence and loyal customer base. Alternatively, the expansive space is ideally suited for conversion into a large-scale industrial facility, offering ample room for manufacturing, warehousing, or distribution. The property's high visibility location just off Highway 371, between Pequot Lakes and Jenkins on County Road 16, ensures significant traffic exposure. The large parking lot provides ample space for customer parking or outdoor display areas, further enhancing its appeal for retail or industrial uses. Its strategic position along the heavily trafficked Highway 371 corridor provides easy access to the surrounding communities of Pequot Lakes, Jenkins, Nisswa, Pine River, and Backus, making it an attractive location for businesses seeking to reach a wide customer base. The property's size, location, and adaptability make it a highly desirable asset with significant potential for future growth and profitability. The asking price is $675,000.
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
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.