Property profile

12352 State Higway 46 Northome, MN 56661

OFF-MARKET
Specialty properties
Built 1964
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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

Location

12352 State Higway 46 Northome, MN 56661
Northome metro
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Value estimations

Realmo proprietary · 4 methods
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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
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