314 Main St New Prague, MN 56071
This exceptional New Prague commercial property, located at 314-316 East Main Street, Suite 3, offers a unique blend of retail, office, and industrial space. The property encompasses a total of 14,784 square feet within a single, two-story building situated on a 0.79-acre lot. Currently classified as Class C, this property presents a significant opportunity for businesses seeking flexible and adaptable space. The building's diverse configuration includes executive office, warehouse, and creative office sub-types, catering to a wide range of commercial needs. Multiple tenancies are available, with 500 square feet currently vacant. One immediately available space offers 1,400 square feet, perfect for a smaller business or expansion. The property's location in Le Sueur County, within the MN - Out of Metro South submarket, provides convenient access to transportation routes and a growing community. This versatile property is ideal for businesses seeking a combination of office, warehouse, and/or retail space in a thriving Minnesota location. The property's size and layout offer significant potential for customization and growth. Contact us today to learn more about this exciting opportunity. The zip code is 56071.
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
Similar Nearby for Lease
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.