Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office buildings

    116 Johnson N Ave, Fosston, MN 56542-1328

    2,000 SF 0.06 ac lot Built 2014
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US46-2558130
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2014
    Total area 2,000 SF
    Lot 0.06 ac (2,483 SF)
    APN 87.00249.01
    UPID US46-2558130
    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
    • Thrivent Bank Credit Union
    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
    NOEL PROPERTIES LLC
    NOEL PROPERTIES LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 116 Johnson N Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message