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    Property profile & analytics
    OFF-MARKET
    Retail space

    120 Maine St, Amboy, MN 56010-9795

    3,784 SF 0.07 ac lot Built 1920
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US46-1981088
    Property summary
    AI-generated overview

    This unique Amboy, Minnesota property at 120 W Maine Street presents a compelling investment opportunity. The main floor encompasses 5,544 square feet, featuring a blend of retail and shop space, ideal for a variety of commercial ventures. Upstairs, a 1,064 square foot apartment offers significant potential for renovation and rental income, though it currently requires updating. The building itself is remarkably sturdy, constructed in 1946, demonstrating its enduring quality. Adding to its versatility, a 36 x 34 foot garage, built in 2010, provides ample storage or workshop space. Further enhancing the property's income potential are two included gas pumps, presenting possibilities for fuel sales or a related business. Located in Blue Earth County, Minnesota, with a 56010 zip code, this property is easily accessible via Highway 169. The asking price for this mixed-use commercial property and land is $119,500. This presents a rare chance to acquire a well-established building with diverse income streams in a thriving community. The property's size, existing infrastructure, and strategic location make it an attractive proposition for both seasoned investors and entrepreneurs seeking a unique commercial venture.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1920
    Total area 3,784 SF
    Lot 0.07 ac (3,225 SF)
    APN R11.22.23.205.020
    UPID US46-1981088
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Urban Oil Inc Gas Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Peter L Benton · 4 yrs held
    Peter L Benton
    since 2021
    Last sale
    $37,500
    2 recorded transactions
    2021
    $37,500
    2010
    $12,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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