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Property profile & analytics

137 Brg E Ave Delano, MN 55328

  • Retail residential properties
  • 4,500 SF
  • 0.05 lot acres
OFF-MARKET
Last Sale
May 06, 2024
$105,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-0865510
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail residential properties

Property Details for 137 Brg E Ave

Year built
1902
Construction
STEEL FRAME
Lot size
0.05 lot acres
Property size
4,500 SF
Property type
Retail residential properties
APN
107-010-008143
APU
107010008143

Description

This exceptional mixed-use property, located at 137 Bridge Avenue East in the thriving downtown Delano, Minnesota, offers 4,500 square feet on a 0.1-acre lot. The main level currently houses a rented retail space known as "The Refoundry," boasting attractive features such as a prominent window display, original tin ceilings, and hardwood floors. Upstairs, a one-plus bedroom apartment provides additional income potential or owner-occupancy options. The apartment features newer windows, though updating and remodeling are recommended to realize its full potential. The versatility of this building presents a multitude of possibilities for the discerning investor or business owner. Envision office suites, expanded retail space, or a unique blend of commercial and residential uses. This property represents a significant opportunity to establish a presence in the growing Delano market. A separate block storage unit located behind the main building is also available for purchase under a different MLS number. This presents a unique opportunity to acquire additional storage space or expand the overall functionality of the property. The asking price for the main building is $399,900. This is a rare chance to own a piece of Delano's vibrant commercial landscape.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Delano
County
Wright
State
Minnesota
Longitude
-93.7882
Latitude
45.0417
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,936
$37,900
$149,000
$186,900
-
$37,900
$149,000
$186,900
More about this property
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