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    OFF-MARKET
    Retail properties & Spaces

    1st 1St St, Saint Michael, MN 55376

    10,000 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail property, located at 1st St SE in St. Michael, Minnesota, 55376, offers a single-tenant occupancy opportunity within a vibrant and rapidly developing downtown area. The building, constructed in 2024, boasts a total of 10,000 square feet, providing ample space for a variety of retail businesses. Flexible space options are available, ranging from 1,200 square feet to the entire 10,000 square feet, allowing for customization to meet specific business needs. The property benefits from its strategic location, less than a block from St. Michael's main thoroughfare, ensuring high visibility and accessibility. This prime location experiences robust traffic, with over 15,000 vehicles passing daily, providing significant exposure to potential customers. The surrounding area is experiencing substantial growth and development, further enhancing the property's value and potential. The high median and average household incomes in the immediate vicinity indicate a strong consumer base with significant purchasing power. This presents a unique opportunity for businesses seeking a thriving location within a dynamic and prosperous community. The property is classified as Commercial Retail and is ready for immediate occupancy. Contact us today to learn more about this exceptional retail space.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2024
    Total area 10,000 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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