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Property profile & analytics
OFF-MARKET
Commercial real estate

15 Main St Menahga, MN 56464

1,845 SF 0.07 ac lot
Property ID
US46-2257644
Property summary
AI-generated overview

This well-maintained mixed-use building, located at 15 NE Main Street in Menahga, Minnesota, offers 1,845 square feet on a 0.069-acre lot. The property features 1,230 square feet of commercial space and a 615-square-foot apartment. The commercial area, previously a hair salon, has been updated with new vinyl plank flooring in the main area, a renovated bathroom, a new natural gas-fueled forced-air furnace, and new central air conditioning. All plumbing connections and the floating floor have been removed, making it ideal for various commercial uses, such as an office. The apartment boasts a bedroom, bathroom, a combined kitchen, living, and dining area, and a den. It features recently refinished hardwood floors and electric baseboard heating. The building is exceptionally well-insulated from exterior noise despite its proximity to Cenex. The property includes three parking spaces in the rear and additional street parking. The metal exterior requires minimal maintenance. This property presents a unique opportunity to own and operate a business while enjoying the convenience of living on-site. The asking price is $139,900. The zip code is 56464.

Property profile
Verified
Property type Commercial real estate
Total area 1,845 SF
Lot 0.07 ac (3,006 SF)
UPID US46-2257644
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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