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    OFF-MARKET
    Retail space

    224 Main St, Zumbrota, MN 55992-1542

    4,692 SF Built 1940
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US46-1184367
    Property summary
    AI-generated overview

    This exceptional commercial property at 224 S Main St, Zumbrota, MN 55992, offers a unique opportunity to lease retail or office space in a high-traffic downtown location. The building, constructed in 1940, boasts a total of 4,692 square feet across two stories and comprises multiple units suitable for a variety of businesses. One street-level unit offers approximately 1,056 square feet, including a small kitchenette, while another street-level space provides approximately 460 square feet with excellent window visibility. A third, larger space (approximately 3,500 square feet) is available in the lower level, ideal for light manufacturing, storage, or industrial uses, featuring a dedicated garage door. This property sits on a busy intersection, ensuring high visibility and accessibility for your business. The versatile spaces are perfect for professional, retail, or office businesses seeking a prominent location in the heart of Zumbrota. The building's prime location and multiple unit options provide flexibility for various business needs and sizes. This is an excellent opportunity to establish or expand your business in a thriving community. The property's history adds character, while its modern adaptability ensures it meets the needs of today's businesses. Don't miss this chance to secure a space in this desirable downtown Zumbrota location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1940
    Total area 4,692 SF
    APN 72.100.1330
    UPID US46-1184367
    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
    Current use
    Occupant on record · Public records
    • Chubby Chique Boutique Clothing & Fashion Store
    • ID Games Electronics & Wireless Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Sarbar Properties INC · 5 yrs held
    Sarbar Properties INC
    since 2021
    Last sale
    $325,000
    2 recorded transactions
    2023
    2021
    $230,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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