260 Morris Ave Hinckley, MN 55037-8100
- Commercial real estate
- 3,840 SF
- 4.20 lot acres
Current Use by Public Records
- US Consolidated Farm Services Agency / Federal Government Office
- US Agricultural Department / Conservation Department
- Natural Resources Conservation / Conservation Department
Property Details for 260 Morris Ave
- Year built
- 2004
- Lot size
- 4.20 lot acres
- Property size
- 3,840 SF
- Property type
- Commercial real estate
- APN
- 40.0004.012
- APU
- 400004012
Description
This exceptional commercial property, located at 260 Morris in Hinckley, Minnesota, presents a rare opportunity for investors or business owners. The building boasts a substantial 3,840 square feet of space, ideally suited for a variety of commercial uses. The property is a well-maintained duplex, offering significant potential for rental income or owner-occupancy. A key advantage is the extensive paved parking area, providing over 25 parking spots for tenants and customers. This ensures ample convenience and accessibility. The property sits on a generous 2.1-acre lot, offering significant space and potential for future expansion or outdoor uses. All city utilities are connected, simplifying operations and reducing potential infrastructure concerns. The building has a long-term tenant in place, providing immediate and consistent cash flow. This is a single-owner building, indicating a history of consistent care and maintenance. Given its size, parking, location, and existing tenancy, this property represents a strong investment opportunity with considerable upside potential. The asking price is $290,000. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hinckley
- County
- Pine
- State
- Minnesota
- Longitude
- -92.9263
- Latitude
- 46.0161