Property profile

120 CENTRAL AVE Watkins, MN 55389

OFF-MARKET
Commercial (General)
Property ID
US46-3040768
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Property summary

AI-generated overview

In Watkins, Minnesota (Meeker County), this remodeled one-story commercial building sits on a 0.082-acre lot and is constructed on a slab-on-grade foundation with an interior loft level. The structure is arranged with a front storefront area and a rear section that includes a workspace, storage area, and a kitchen setup, along with an overhead garage door and the ability to support service or mixed commercial uses. The loft level adds additional usable area and is plumbed for a future half bathroom. The building has undergone a top-to-bottom transformation, including new concrete, framing, insulation, drywall (sheetrock), ceiling systems, lighting, electrical, plumbing, and a forced-air furnace, and is configured for retail, office, studio, or service-based uses.

Property profile

Verified
Property type Commercial (General)
APN 28-0087000
UPID US46-3040768

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
  • Home Decor Store Department Store

Location

120 CENTRAL AVE Watkins, MN 55389
Watkins metro
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2021
Last sale
$19,000
2 recorded transactions
2023
Price N/A
2021
$19,000
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