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    OFF-MARKET
    Retail space

    205 Main Ave, Carlos, MN 56319

    600 SF Built 1955
    Individually Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US46-1323894
    Property summary
    AI-generated overview

    This exceptional 600-square-foot commercial building presents a remarkable opportunity for entrepreneurs in the thriving town of Carlos, Minnesota. Situated on Main Avenue, next to the well-established Herby's Bar & Grill, this property enjoys high visibility and significant foot traffic. Constructed of durable block/brick, the building offers lasting value and minimal maintenance needs. The prominent Main Avenue frontage ensures excellent exposure for any business. City services and natural gas are readily available, contributing to efficient and cost-effective operations. Ample parking is conveniently located on Main Avenue, with additional parking and potential land usage options available via access to the city alley. A 10x16 storage shed is included, providing valuable extra storage space. This versatile property is ideal for a variety of commercial uses and represents a sound investment in a desirable location. The combination of prime location, durable construction, and convenient amenities makes this an exceptional opportunity to establish or relocate a business in the heart of Carlos. Don't miss out on this chance to secure your business's future in a vibrant and growing community.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1955
    Total area 600 SF
    APN 69-0049-000
    UPID US46-1323894
    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
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Peter D Woit · 18 yrs held
    Peter D Woit
    since 2007
    1 recorded transaction
    2007
    $26,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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