231 Main St Pine Island, MN 55963-7659
This charming, 3,272 square foot, Class C building at 231 S Main St, Pine Island, MN 55963, offers a unique leasing opportunity. Built in 1897, this beautiful brick building boasts an elegant arched window façade and exposed brick interior, creating a distinctive atmosphere. The space is divisible into four separate units, ranging from 140 to 1,380 contiguous square feet, ideal for a variety of office or retail uses. The entire main floor is available for $2,200 per month. Each unit benefits from ample storage, convenient front and rear entrances, and excellent signage opportunities. All utilities—water, heat, electricity, garbage, and recycling—are included in the rent. This prime Main Street location offers high visibility and accessibility, making it an exceptional choice for businesses seeking a blend of historic charm and modern functionality. The property features multiple suites in a traditional office, executive office, coworking, or creative office setting.
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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
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.