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    Property profile & analytics
    OFF-MARKET Estimated value $590,000
    Commercial real estate

    113 Main S St, Stewartville, MN 55976-1375

    7,596 SF 0.09 ac lot Built 1963
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US46-1143174
    Property summary
    AI-generated overview

    This exceptional 7,596 square foot commercial property, located at 113 S Main St, Stewartville, MN 55976, presents a unique investment opportunity. The single-tenant building, constructed in 1963 and situated on a 0.093-acre lot (APN 543431030314), offers versatile space ideal for retail, creative office, traditional office, coworking, or executive office uses. The building features a recently updated storefront with new windows, canopy, and entrance, enhancing its street appeal and visibility to the high traffic volume on Highway 63. The interior boasts ample space for growth, previously utilized as a furniture store and, more recently, an office supply business. The existing layout includes administrative offices easily reconfigurable to suit diverse needs. Significant improvements have been made, including a new roof and furnace, ensuring the building's excellent condition. With five parking spaces available, the property offers convenience for employees and customers. The one-story building benefits from the city of Stewartville's supportive business environment and the community's continued growth, promising long-term success. This property is available for both sale and lease.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1963
    Total area 7,596 SF
    Lot 0.09 ac (4,051 SF)
    APN 54.34.31.030314
    UPID US46-1143174
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $620k
    Blend (final) Blend
    $590k
    Owner & transaction history
    Paperteiger Properties LLC · 4 yrs held
    Paperteiger Properties LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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