118 Main St Medford, MN 55049-9593
This exceptional 3,895 square foot office building presents a fantastic business opportunity in Medford, Minnesota. Strategically located less than a mile from Interstate 35 and conveniently situated on County Road 45, this property enjoys high visibility and easy access for clients and employees. Currently configured and utilized as a school/daycare center, the building offers versatile space adaptable to a variety of commercial uses. The 0.21-acre lot provides ample parking and potential for future expansion. The building's interior layout is well-suited for a range of office configurations, potentially including multiple offices, common areas, and support spaces. The existing infrastructure is in place, minimizing upfront investment for a new owner. This property is ideal for businesses seeking a prominent location with excellent highway access in a thriving community. The asking price of $359,787 represents a compelling investment opportunity in a rapidly developing area. Serious inquiries are encouraged to explore the potential of this exceptional commercial property. The property's convenient location and adaptable space make it an attractive option for a wide range of businesses seeking a strong foothold in the Medford market. Don't miss this chance to acquire a well-positioned and versatile commercial building.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.