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Property profile & analytics
OFF-MARKET
Commercial land

115 2nd SE St Hallock, MN 56728-2801

Individually Owned Absentee Owner Free & Clear
Property ID
US46-2387639
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
APN 320025200
UPID US46-2387639
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
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Comparable Approach Comparable
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Owner & transaction history
RYAN J EVENSON
RYAN J EVENSON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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