1008 Broadway, Pelican Rapids, MN 56572-4701
This exceptional 8,000-square-foot retail space is ideally situated at 1008 South Broadway in Pelican Rapids, Minnesota, zip code 56572. The property, categorized as a single-tenant retail building, offers a completely vacant space ready for immediate occupancy. Built to high standards, the building underwent a comprehensive renovation in 2014, ensuring modern amenities and a fresh, updated aesthetic. The property's location on South Broadway provides excellent visibility and accessibility for customers, making it an attractive option for a variety of retail businesses. With its substantial square footage and recent renovation, this property presents a unique opportunity for businesses seeking a prominent presence in the thriving Pelican Rapids market. The building's single-tenant occupancy allows for complete customization and control over the space, enabling businesses to design their ideal retail environment. The property is available for lease and offers a blank canvas for a discerning tenant to establish a successful and impactful retail operation. Interested parties are encouraged to inquire for further details and leasing information. The property's latitude and longitude coordinates are 46.5591495 and -96.084145 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.