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    Specialty properties

    12352 State Higway 46, Northome, MN 56661

    Built 1964
    Property ID
    Property summary
    AI-generated overview

    This unique property, located at 12352 State Highway 46, Northome, MN 56661, offers 38,768.4 square feet on a 0.89-acre lot. Built in 1964, the building currently functions as a house of worship but boasts exceptional versatility for various commercial or special-purpose uses. The main level features a spacious worship area with a pulpit, prep room, and a large coat area. A vestibule with cathedral ceilings and exposed wooden beams leads to a crying room and an area suitable for written materials. The lower level includes two sizable classrooms, two newer furnaces, restrooms, and a large, adaptable space ideal for classrooms, a kitchen, or entertainment. The building also benefits from a newer metal roof and a ceiling fan. The property's attractive landscaping includes mature trees. Its prime location offers easy access to Island Lake and numerous other fishing lakes, abundant public hunting land, and the amenities of Northome. High-speed 5G fiber optic internet is also available. This property presents a compelling opportunity for a diverse range of businesses or organizations seeking a spacious and well-maintained building in a desirable location. The asking price is $70,000.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1964
    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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