711 Main St Melrose, MN 56352
- Commercial land
- 0.29 lot acres
Current Use by Public Records
- Empire Memorials Inc / Monument Maker
Property Details for 711 Main St
- Lot size
- 0.29 lot acres
- Property type
- Commercial land
- APN
- 66.36627.0000
- APU
- 66366270000
Description
This exceptional 7,352 square foot industrial property, situated on a highly visible corner lot at 711 E Main Street in Melrose, Minnesota, presents a compelling investment opportunity. The building, constructed in 1951 with significant additions in 1985 and 1987, boasts a completely renovated exterior, including a new steel exterior and roof completed in 2010. Nestled on a generous 2.07-acre lot comprised of four separate parcels, this property offers significant potential for future expansion. The functional layout includes a well-appointed reception area, a showroom ideal for product display, a dedicated office space of approximately 1,415 square feet, and an expansive shop/warehouse area totaling roughly 5,937 square feet. The existing infrastructure includes several cranes of varying sizes, which may be available for purchase separately. The property benefits from robust three-phase power, making it suitable for a variety of industrial applications. Its prime location near downtown Melrose ensures high visibility and easy access. This is an ideal owner-occupier opportunity to acquire a substantial, well-maintained industrial building at an attractive price of $375,000. The combination of size, location, and recent renovations makes this a rare find in the Melrose market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melrose
- County
- Stearns
- State
- Minnesota
- Longitude
- -94.8035
- Latitude
- 45.6754
- CBSA code
- 41060
- CBSA name
- ST. CLOUD, MN METROPOLITAN STATISTICAL AREA
