Property summary
This exceptional 3,960 square foot commercial property, situated at 119 Main Street South in the vibrant downtown Hutchinson, Minnesota, presents a remarkable opportunity for business owners. Currently configured as a retail establishment, this versatile space offers significant potential for a variety of uses. The open floor plan allows for easy customization to suit individual business needs, whether it's expanding an existing operation or launching a new venture. The property features convenient access with both front and rear entrances, providing ample flexibility for customer flow and operations. Internal amenities include two half-bathrooms, a dedicated office area, and a comfortable breakroom, enhancing functionality and employee convenience. Parking is readily available, with three spaces located at the rear of the building, in addition to convenient on-street parking directly in front and the city parking lot "H" situated across the alley. This prime location within the bustling downtown area ensures high visibility and accessibility, making it an ideal choice for businesses seeking a thriving commercial environment. The asking price is $199,900. Don't miss this chance to secure a prominent space in a dynamic and growing community.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Specialty Food Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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 2019Property 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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