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    OFF-MARKET
    Commercial real estate

    517 3Rd St, Graceville, MN 56240

    1,750 SF 0.06 ac lot Built 1930
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 517 W 3rd Street in Graceville, Minnesota, presents a unique investment opportunity. The building encompasses a generous 1,750 square feet of space, offering ample room for a variety of business ventures. Situated on a conveniently sized 0.06-acre lot, the property provides sufficient space for operations and potential expansion. The asking price is $165,000, representing a compelling value in the Graceville market. The property's "Other" classification suggests flexibility in its potential uses, making it suitable for a diverse range of businesses. Its location in Graceville offers access to local amenities and a supportive community. This property is ready for immediate occupancy and presents a chance to establish or expand a business in a thriving area. The building's size and layout provide a solid foundation for a successful enterprise. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's specific features and zoning regulations are available upon request. Don't miss this chance to acquire a valuable commercial asset in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1930
    Total area 1,750 SF
    Lot 0.06 ac (2,614 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
    Current use
    Occupant on record · Public records
    • John's Body Shop Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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