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    OFF-MARKET
    Office Spaces

    218 Broadway St, Crookston, MN 56716

    7,745 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional Crookston, MN commercial property at 218 Broadway St N offers 7,745 square feet of versatile office space, priced at $139,900 ($18.06/sq ft). A unique feature is its convenient drive-through, ideal for businesses needing quick customer access. The building sits on a spacious 20,000 square foot lot. Adding to its potential, three currently vacant upstairs apartments provide a significant opportunity for renovation and income generation. These apartments could be converted into additional office space, expanding the property's functionality and value. The property's location in Crookston, MN, zip code 56716, offers access to a thriving local market. This is a rare opportunity to acquire a well-situated commercial property with significant upside potential, combining immediate office space with the possibility of substantial future development. The property's versatility makes it suitable for a wide range of businesses seeking a prominent location with unique features.

    Property profile
    Verified
    Property type Office Spaces
    Total area 7,745 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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