120 Maine St Amboy, MN 56010-9795
- Retail space
- 3,784 SF
- 0.07 lot acres
Oct 18, 2021
Current Use by Public Records
- Urban Oil Inc / Gas Station
Property Details for 120 Maine St
- Year built
- 1920
- Lot size
- 0.07 lot acres
- Property size
- 3,784 SF
- Property type
- Retail space
- APN
- R11.22.23.205.020
- APU
- R112223205020
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amboy
- County
- Blue Earth
- State
- Minnesota
- Longitude
- -94.1578
- Latitude
- 43.8882
- CBSA code
- 31860
- CBSA name
- MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA