Property profile

140 1st W Ave Cambridge, MN 55008

OFF-MARKET
Industrial properties
Property ID
US46-1585383
0.09 ac lot
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,188 square foot retail property located at 140 1st Avenue West in Cambridge, Minnesota, presents a unique investment opportunity. Situated on a 0.36-acre lot, the property seamlessly blends commercial office space with a substantial four-car garage/workshop. This combination offers unparalleled flexibility for a variety of businesses. The office area provides ample space for administrative functions, while the attached garage/workshop provides secure storage, maintenance facilities, or even additional workspace, depending on the tenant's needs. The property's layout allows for customization to suit specific business requirements, making it an ideal location for companies seeking a blend of office and operational space. The ample parking provided by the attached garage eliminates the need for off-site parking solutions, offering convenience and security. This property is priced at $800,000. The sellers are motivated and open to exploring various transaction structures, including outright sale, lease agreements, or seller financing options, to accommodate a wide range of buyer preferences and financial situations. This presents a rare opportunity to acquire a versatile commercial property in a desirable location with significant potential for growth and adaptation. The property's blend of office and workshop space makes it suitable for a diverse range of businesses, from contractors and tradespeople to retail operations requiring both front-of-house and back-of-house functionality. Don't miss this chance to secure a property that offers both immediate utility and long-term potential.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Lot 0.09 ac (3,920 SF)
APN 15.041.1820
UPID US46-1585383

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 W Ave Cambridge, MN 55008-1537
Cambridge metro Census 130302 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2017
2 recorded transactions
2017
$205,000
2014
$150,000

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
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