802 Us-10, Lake Park, MN 56554
This exceptional commercial property in Lake Park, Minnesota, presents a unique investment opportunity. Located at 802 US-10, this three-building complex offers a total of 9,448 square feet of space, with 4,977 square feet currently vacant and available for lease. The property is classified as Class B and was built in 1954. Individual suites range from a minimum of 1,500 square feet, making it suitable for a variety of businesses. The property is ideally situated at the only fully signalized intersection on Highway 10, ensuring high visibility and accessibility. Its location next to Casey's General Store further enhances its appeal. To incentivize new tenants, the landlord is offering a generous fit-up allowance of $20 per square foot, along with planned upgrades to the building's roof and facade. This is a rare chance to establish a business in a thriving community with significant advantages in terms of location and landlord support. The property is zoned for retail, office, and restaurant uses, offering flexibility for diverse business needs. The multiple suites allow for expansion or the possibility of leasing individual units. Don't miss this chance to secure a prominent location in a growing market.
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.