221 2nd NW St, Ortonville, MN 56278-1410
This exceptional 2,280 square foot commercial property, located at 221 2nd Street NW in Ortonville, Minnesota, presents a unique investment opportunity. Situated on a 0.06-acre lot, this building boasts a prime Main Street location, previously home to the popular Lakeshore Wonders establishment. Known for its ice cream, coffee, and lunch offerings, the space is ideally suited for a restaurant or easily adaptable for retail use. The existing layout includes a substantial kitchen equipped with ample refrigeration (freezer and fridge space), extensive storage, and ample workspace, perfect for food preparation. The inviting storefront features large windows, drawing customers into a comfortable seating area enhanced by an ornate ceiling and decorative walls. The property is being offered at $150,000. This turnkey opportunity includes all necessary equipment and is ready for a new owner to capitalize on its established location and versatile design. The building's existing infrastructure and prime location make it an attractive proposition for a variety of businesses seeking a well-established space in a thriving community. Don't miss this chance to own a piece of Ortonville's Main Street.
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Lakeshore Wonders (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.