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Property profile & analytics

2Nd St Delano, MN 55328

  • Commercial real estate
  • 576 SF
  • 0.01 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 2Nd St

Year built
1900
Lot size
0.01 lot acres
Property size
576 SF
Property type
Commercial real estate

Description

This exceptional investment opportunity presents a 576-square-foot block storage building ideally situated in the heart of downtown Delano, Minnesota. The property, located at Xxx 2nd Street N, is conveniently attached to a larger commercial building, offering potential synergies and shared amenities. The building itself is a standalone block storage unit, perfect for various uses depending on the buyer's needs. With a compact footprint of 576 square feet and situated on a 0.01-acre lot, this property is highly manageable and efficient. The asking price is $59,900. It's important to note that this property must be sold concurrently with or after the sale of MLS #6602343. This presents a unique opportunity for an investor seeking a combined commercial property acquisition in a thriving downtown location. The property's central location in Delano offers excellent visibility and accessibility, making it an attractive proposition for a range of businesses. The attached nature of the storage building to the larger commercial structure could provide significant operational advantages. Serious inquiries are encouraged to explore the full potential of this combined commercial property offering. The sale is contingent upon the successful sale of the associated property (MLS #6602343). This is a rare chance to acquire a well-positioned commercial property in a desirable Minnesota town.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Delano
County
Wright
State
Minnesota
Longitude
-93.7878
Latitude
45.0407
More about this property
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