115 2nd SE St Hallock, MN 56728-2801
This exceptional commercial property, located at 115 2nd Street SE in Hallock, Minnesota, presents a unique investment opportunity. Built in 1920, this property boasts a substantial 4,791.6 square foot lot, offering ample space for a variety of commercial uses. The building's classification includes land, office, and retail space, making it highly adaptable to diverse business needs. Its central location in Hallock places it within easy reach of the town's amenities and residents. The property's size allows for the possibility of renting out portions of the building while maintaining a dedicated office space, providing multiple income streams. The asking price is $89,000, representing a compelling entry point into the Hallock commercial real estate market. This property is ideal for entrepreneurs looking to establish a new business, existing businesses seeking expansion, or investors seeking a strong return on investment in a thriving community. The property's historical character adds to its charm and potential for unique branding opportunities. The zip code is 56728, and the property is situated in Kittson County. This is a rare opportunity to acquire a versatile commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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.