325 1St St NE Melrose, MN 56352
- Commercial land
- 2,608 SF
- 1.31 lot acres
Current Use by Public Records
- Commercial land
Property Details for 325 1St St NE
- Year built
- 1955
- Lot size
- 1.31 lot acres
- Property size
- 2,608 SF
- Property type
- Commercial land
- APN
- 66.37011.0200
- APU
- 66370110200
Description
This exceptional commercial property, located at 325 1st Street NE in Melrose, Minnesota, offers five brand-new, luxurious office suites perfect for expanding your business. Situated in a thriving downtown location, these suites boast convenient access and high visibility. Each suite ranges in size from 650 to 1050 square feet and can be customized to meet your specific business needs. The building's prime location offers stunning river views and is adjacent to city hall, ensuring high foot traffic and easy access for clients and employees. The property sits on a 1.31-acre lot and the building itself encompasses a total of 4,442 square feet. A significant advantage is the presence of 29 residential units within the same building, providing a built-in customer base for your business. Ample parking is available, further enhancing the convenience and appeal of this exceptional opportunity. The asking price for this exceptional property is $18 million. Don't miss this chance to establish your business in a vibrant and growing community. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melrose
- County
- Stearns
- State
- Minnesota
- Longitude
- -94.809
- Latitude
- 45.6758
- CBSA code
- 41060
- CBSA name
- ST. CLOUD, MN METROPOLITAN STATISTICAL AREA
