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    OFF-MARKET
    Commercial real estate

    589 County Hwy, Claremont, MN 55924

    1,040 SF 0.77 ac lot Built 1965
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 589 County Highway 34 in Claremont, Minnesota, presents a fantastic business opportunity. The 1,040 square foot building sits on a highly visible 0.77-acre corner lot, ensuring maximum exposure to a substantial volume of daily traffic. Previously utilized as a restaurant, this adaptable space offers a multitude of potential uses for discerning entrepreneurs. The building's versatile layout and prominent location make it ideal for a wide range of commercial ventures. Its strategic placement on a busy corner provides unparalleled visibility and accessibility, making it an attractive proposition for businesses seeking high foot traffic and easy customer access. The ample 0.77-acre lot offers potential for expansion or additional parking, further enhancing its appeal. The asking price of $100,000 represents a compelling investment opportunity in a thriving community. This property is ready for its next chapter, offering a blank canvas for a creative and ambitious business owner to establish their presence in a highly visible and convenient location. Serious inquiries are encouraged to explore the possibilities this unique property offers. The property is located in Claremont, MN.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1965
    Total area 1,040 SF
    Lot 0.77 ac (33,541 SF)
    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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