349 Government St Taylors Falls, MN 55084
This exceptional Taylors Falls property, "The Old Jail," offers a rare blend of history and modern potential. Two meticulously maintained buildings, constructed in 1870 and 1884, sit on a 0.089-acre lot in the heart of the CBD, zoned for commercial use. The three-story buildings boast four versatile units, perfect for a variety of uses. The former saloon, situated on the ground floor of the older building, presents an exciting opportunity for a boutique, dispensary, café, or tasting room. Its prime location overlooking Main Street and its proximity to a State Park provide unparalleled visibility and accessibility. This is more than just a real estate investment; it's a chance to own a piece of Taylors Falls history and capitalize on its unlimited potential. The property includes APN numbers 200025200 and 200025210, and is located at 349 Government St, Taylors Falls, MN 55084. The property's rich history and versatile units offer a unique investment opportunity in a thriving Minnesota community. This mixed-use property presents a chance to create a thriving business within a historic landmark. The buildings are classified as Class C and offer a unique opportunity to blend historical charm with modern business ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.