Property profile

517 3Rd St Graceville, MN 56240

OFF-MARKET
Commercial real estate
1,750 SF 0.06 ac lot Built 1930
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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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

517 3Rd St Graceville, MN 56240
Graceville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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