Property profile

218 Broadway St Crookston, MN 56716

OFF-MARKET
Office Spaces
7,745 SF
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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

Location

218 Broadway St Crookston, MN 56716
Crookston metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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