116 Johnson N Ave, Fosston, MN 56542-1328
This exceptional commercial property, located at 116 Johnson Avenue N in Fosston, Minnesota, presents a unique opportunity for businesses seeking a modern and efficient workspace. Built in 2014, this 2,482.92 square foot building boasts a prime downtown location with excellent visibility from Highway 2, ensuring high traffic and brand recognition. The property features six fully finished private offices, perfect for individual professionals or teams, along with a well-equipped kitchenette, two bathrooms, a dedicated conference room, a reception desk area, and a comfortable waiting area. The building is designed with accessibility in mind, adhering to ADA compliance standards. High-quality commercial-grade flooring is installed throughout. Ample parking is conveniently located at the rear of the building. The property's modern design incorporates energy-efficient features, contributing to lower operating costs. Professional landscaping enhances the curb appeal and creates a welcoming atmosphere. The versatile layout makes this property suitable for a wide range of business types. This is a turn-key opportunity to establish or relocate your business in a thriving community. The asking price is $379,000.
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Thrivent Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.