119 Main S St, Hutchinson, MN 55350-2506
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.