Property summary
This exceptional commercial property, located at 118 N Main Street in the heart of Sherburn, Minnesota, presents a unique investment opportunity. Boasting a desirable Main Street address within the business district, this property offers significant potential for a variety of commercial ventures. The building's size is 1 square foot, presenting a unique opportunity for a small business or as a potential building lot. A key advantage is the recently installed newer roof, eliminating immediate roof replacement costs and ensuring long-term structural integrity. The property is situated on a 0-acre lot, providing ample space for potential expansion or outdoor activities depending on the intended use. The asking price is $5,000, making this an attractive proposition for savvy investors seeking a foothold in a thriving business community. Given its prime location and the recent roof installation, this property is poised for immediate occupancy and offers a blank canvas for creative commercial development. Serious inquiries are encouraged to explore the full potential of this exceptional offering. The property's compact size and strategic location make it ideal for a variety of uses, from a small retail space to a service-based business. Don't miss this chance to acquire a piece of Sherburn's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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