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Property profile & analytics
OFF-MARKET
Investment properties

107 10th St Grand Rapids, MN 55744-4326

0.35 ac lot
Entity Owned 6-yr Hold Free & Clear
Property ID
US46-2169748
Property summary
AI-generated overview

This exceptional business opportunity in Grand Rapids, Minnesota, presents a chance to acquire a well-established clothing alterations and repair shop. Located at 107 SE 10th Street, 55744, this 384-square-foot retail space has served a loyal clientele for 20 years, building a strong reputation for quality service and customer trust. The business boasts consistent revenue and offers a variety of services including hemming, zipper replacement, patching, and more. The asking price for this turnkey operation is $65,000. A skillset in sewing is highly recommended for prospective buyers. The current owner is committed to a smooth transition and is willing to assist the new owner to ensure continued success. This is a rare opportunity to own a profitable, established business with a proven track record in a desirable location. The property itself is a retail space, and the sale includes the established business only; no land is included in the sale. This is an excellent opportunity for an experienced tailor or someone looking to enter the retail sector with a pre-existing customer base. The business is ready for a new owner to continue its legacy of success. Serious inquiries only.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.35 ac (15,246 SF)
APN 91-490-0764
UPID US46-2169748
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Denver Chiropractic Clinic PA Alternative Medicine Practice
  • Fashion To Fit (Bike/Boat/Book/etc) Store
  • Toonstra Psychological Services Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Elkhorn LLC · 6 yrs held
Elkhorn LLC
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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