Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

118 S Main St Medford, MN 55049

  • Commercial real estate
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-2421201
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 118 S Main St

Property type
Commercial real estate
APN
16-101-4100
APU
161014100

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Medford
County
Steele
State
Minnesota
Longitude
-93.2465
Latitude
44.1726
CBSA code
36940
CBSA name
OWATONNA, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,604
$27,100
$263,000
$290,100
-
$27,100
$263,000
$290,100
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