Property profile

140 1st S St Hackensack, MN 56452

OFF-MARKET
Other commercial real estate
Property ID
US46-1284349
1,791 SF
Individually Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a mixed-use, downtown Hackensack corner-lot development that includes a historic brick building and an additional barn-style duplex, positioned across from Birch Lake with proximity to public beach and fishing/boat access, a city park, a visitor center, and the Paul Bunyan Trail. The historic brick building features updated utilities, an original stamped metal ceiling, hardwood floors, exposed brick walls, and large windows, and is configured with two bathrooms, a waitress/bar area, a commercial kitchen with two 3-compartment sinks, a commercial exhaust hood, an air exchange system, and a walk-in cooler, along with 3-phase electric service. Interior spaces include a large dining room with seating capacity for 75+ people, a loft area, and retail space, while the outdoor area includes an additional retail/storage building, a concrete patio, a stage/deck, a grass area, and mature maple trees. A separate barn-style duplex includes two 1-bedroom, 1-bath units, supported by a metal roof, windows and doors, shared electric and water utilities, a shared 2-car garage, and an included laundry room, with the overall site also incorporating retail/storage elements and outdoor gathering areas.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 1,791 SF
APN 89-337-0640
UPID US46-1284349

Cap rate & NOI

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

Location

140 1st S St Hackensack, MN 56452-2651
Hackensack metro Census 960600 BRAINERD, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$130k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 140 1st S St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message