Financial
Distress signals
Property profile

19 W Lake St Chisholm, MN 55719

FOR SALE
Other commercial real estate
Property ID
US46-3051226
2,075 SF Built 1908
Last sale Jul 2022 · $28,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This former neighborhood bar offers 1,825 square feet of interior space and includes exposed brick walls, very tall ceilings, and original detailed tin ceilings. The existing floor covering is designed to be removable to reveal penny tile beneath. The building also has a rear outdoor area that can be used as a patio-style space. It is located at 19 W Lake Street in Downtown Chisholm, Minnesota. The existing layout and improvements support a range of potential uses such as restaurant, retail, office, or creative applications, subject to applicable requirements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$820
Tax billed · 2023
Assessed value$33k
Assessed land$4k
Assessed improvement$29k
Effective rate2.48%

Value estimate

· Sep 2026
$95k
$86k – $105k
AI approach$75k
NOI build-up
Gross scheduled income$76k
Vacancy & credit loss−$10k
Operating expenses−$17k
NOI · 103.24% cap applied$50k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$106/SF
County average, outlier-cleaned · 689 recorded sales of this use type
Observed band · Q1–Q3$47 – $190
Qualifying comparables11

Cap rate analysis

How does the asset earn?
103.24%
$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionST LOUIS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.2
Building Supply11.1
Law Firm11.0

Location

19 W Lake St Chisholm, MN 55719
County assessor Recorded deeds · 7 transfers 11 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Chisholm, MN 55719 $1,181,957 Feb 2026 2,520 SF
618 3rd SW, Chisholm, MN 55719-1968 $150,000 Oct 2024 2,400 SF
20 Lk, Chisholm, MN 55719-1817 $60,000 Oct 2024 1,875 SF
100 Central SW, Chisholm, MN 55719-1820 $47,000 Feb 2024 1,750 SF
211 Lk, Chisholm, MN 55719-1715 $109,000 Jun 2023 2,380 SF
222 Lk, Chisholm, MN 55719-1716 $100,000 Apr 2023 2,054 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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