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    Property profile & analytics

    106 Main Ave Frazee, MN 56544

    • Bowling alleys
    • 8,280 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 22, 2021
    $40,000
    Location Intelligence
    Property ID
    US46-2356707
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Hive Nutrition / Social Club

    Property Details for 106 Main Ave

    Year built
    1996
    Construction
    STEEL FRAME
    Lot size
    0.25 lot acres
    Property size
    8,280 SF
    Property type
    Bowling alleys
    APN
    500398000
    APU
    500398000

    Description

    This 6,280 square foot commercial building, constructed in 1996, presents a compelling investment opportunity in downtown Frazee, Minnesota. Situated on a 0.25-acre lot at 106 W Main Avenue, the property boasts significant income potential from its existing rental operations. The building offers ample space for various commercial uses, with a substantial portion currently generating revenue. A notable feature is the inclusion of approximately 2,000 square feet of unfinished space, ideal for conversion into a valuable addition such as climate-controlled self-storage units. The property's energy efficiency is a significant advantage, featuring a newer natural gas forced-air furnace, minimizing maintenance needs and operational costs. The seller is offering a $10,000 credit towards the buyer's closing costs, making this an even more attractive proposition. This versatile property is well-positioned for continued growth and profitability, offering a strong return on investment for the discerning buyer. The building's durable construction ensures long-term value and minimal upkeep. Don't miss this chance to acquire a prime commercial property in a thriving downtown location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Frazee
    County
    Becker
    State
    Minnesota
    Longitude
    -95.7009
    Latitude
    46.7283

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,014
    $10,800
    $105,000
    $115,800
    -
    $10,800
    $105,000
    $115,800

    Comparable in this City

    • Value Estimation
      $440,000
      1,440 SF

      29333 Us Hwy 10

      COUNTRY CLUB • 1,440 SF
      29333 Us Hwy 10, Frazee, MN 56544
      View Details
    • Value Estimation
      $405,000
      1,512 SF

      34482 State Hwy 87

      COUNTRY CLUB • 1,512 SF
      34482 State Hwy 87, Frazee, MN 56544-8504
      View Details
    • Value Estimation by Request
      39.86 Acres

      Frazee, MN 56544

      GOLF COURSE • 39.86 Acres
      Frazee, MN 56544
      View Details
    • Value Estimation by Request
      1,746 SF

      120 Main Ave

      COUNTRY CLUB • 1,746 SF
      120 Main Ave, Frazee, MN 56544
      View Details
    • Value Estimation by Request
      0.57 Acres

      Frazee, MN 56544

      COMMERCIAL (GENERAL) • 0.57 Acres
      Frazee, MN 56544
      View Details
    • Value Estimation by Request
      1.11 Acres

      Frazee, MN 56544

      HOMES (RETIRED, NURSING) • 1.11 Acres
      Frazee, MN 56544
      View Details
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    106 Main Ave
    Frazee, MN 56544
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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