Property profile

109 Main St Mahnomen, MN 56557

OFF-MARKET
Commercial real estate
3,876 SF 0.07 ac lot Built 1908
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property at 109 Main Street North in Mahnomen, Minnesota presents a compelling investment opportunity. The building boasts a total of 3,876 square feet situated on a 0.07-acre lot, offering a prominent Main Street location. The property features a ground-floor commercial storefront, ideal for a variety of retail or service businesses. Above the storefront is a spacious two-bedroom, one-bathroom apartment, recently updated and currently generating rental income. The apartment adds significant value to the investment, providing a consistent revenue stream. The asking price for this turnkey property is $90,000, making it an attractive proposition for investors seeking a strong return on investment. Current gross rents total $1165 per month, demonstrating the property's income-generating potential. This property is ready for immediate occupancy and offers a blend of commercial and residential income streams in a desirable location. The combination of a well-located commercial space and a profitable rental unit makes this an exceptional opportunity for savvy investors. The property's size and location make it a highly visible and accessible business location. Don't miss this chance to acquire a valuable asset in a growing community.

Property profile

Verified
Property type Commercial real estate
Year built 1908
Total area 3,876 SF
Lot 0.07 ac (3,049 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Location

109 Main St Mahnomen, MN 56557
Mahnomen 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 109 Main 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