Property profile

119 Main S St Hutchinson, MN 55350

OFF-MARKET
Commercial real estate
Property ID
US46-2243987
3,797 SF Built 1900
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Total area 3,797 SF
APN 23.050.1290
UPID US46-2243987

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Specialty Food Shop

Location

119 Main S St Hutchinson, MN 55350-2506
Hutchinson metro Census 950402 HUTCHINSON, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$145k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2025
Last sale
$160,000
1 recorded transaction
2025
$160,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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