Property profile

1st 1St St Saint Michael, MN 55376

OFF-MARKET
Retail properties & Spaces
10,000 SF Built 2024
Saved · see the list in your Dashboard

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

Location

1st 1St St Saint Michael, MN 55376
Saint Michael metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1st 1St St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message