Property profile

101 Main S St Le Sueur, MN 56058

OFF-MARKET
Other commercial real estate
Property ID
US46-2124035
52,169 SF 1.24 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

Tiller + Main is a two-story, 30-unit mixed-use strip center that occupies an entire block on Main Street in downtown Le Sueur. The property was redeveloped and transformed in 2020, including a move away from an older mall configuration, with new storefronts and upgraded mechanical systems. It provides commercial space in multiple sizes configured as storefront/strip-center units and includes options for build-to-suit and tenant-improvement packages, along with secured access. The upper level contains 17 apartment units that are credit-approved, supporting residential use alongside service-based commercial tenants. The property includes a professional tenant mix and is located in a downtown promenade setting, less than one mile from Highway 169 for regional access.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 52,169 SF
Lot 1.24 ac (54,014 SF)
APN 21.800.2690
UPID US46-2124035

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
  • Dental Office
  • Eye Care Center Contact Lenses Supplier
  • Gym & Fitness Center

Location

101 Main S St Le Sueur, MN 56058-7502
Le Sueur metro Census 950200 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.35M
Blend (final) Blend
$4.96M

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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