243 3rd N St, Bayport, MN 55003-1028
This exceptional commercial property at 243 3rd Street North in Bayport, Minnesota, presents a rare opportunity for business owners seeking a high-visibility location. The property boasts a total of 4,656 square feet of space, strategically divided between a main floor of 3,576 square feet and a 1,080 square foot basement. This versatile layout is ideal for a variety of commercial uses, offering ample room for retail operations, office space, or a combination thereof. The building's prime downtown location ensures high foot traffic and excellent visibility, maximizing exposure to potential customers. A significant advantage of this property is the inclusion of private parking, a rare and highly desirable feature in this area. This eliminates the challenges often associated with finding parking for customers and employees. It's important to note that this listing encompasses two adjacent buildings, which are being sold together as a single unit
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
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.