109 Main St, Mahnomen, MN 56557
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.
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
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.