Property summary
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
VerifiedCap rate & NOI
Current use
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Clothing & Fashion Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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