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    OFF-MARKET
    Commercial real estate

    1501 Broadway St, Monticello, MN 55362

    2,459 SF 3 ac lot Built 1967
    Property ID
    US46-0455910
    Property summary
    AI-generated overview

    This exceptional 3.11-acre commercial lot presents a rare investment opportunity in the thriving city of Monticello, Minnesota. Strategically located on East Broadway Street, this property boasts unparalleled visibility and accessibility due to its proximity to major roadways, retail centers, and numerous community amenities. The high-traffic area ensures consistent exposure for any commercial venture. Zoned for commercial use, the possibilities are vast, encompassing retail establishments, office spaces, restaurants, or service-oriented businesses. The property's excellent infrastructure includes readily available utilities, simplifying development and operational processes. Easy access to major highways facilitates both regional and local connectivity, enhancing logistical efficiency. Monticello's steady population growth and vibrant community atmosphere create a strong foundation for sustained success. With its ideal blend of size, location, and potential, this 2,459 square foot lot offers a unique chance to capitalize on Monticello's flourishing market. Don't miss this chance to secure a prominent position in a dynamic and growing community.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1967
    Total area 2,459 SF
    Lot 3 ac (130,680 SF)
    UPID US46-0455910
    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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