391 Main N St Chatfield, MN 55923-2625
This exceptional 1,848 square foot commercial property is ideally situated on 1.02 acres along the bustling Highway 52 in Chatfield, Minnesota. Previously operated as a coffee shop, this versatile building presents endless possibilities for a variety of businesses. The property boasts a convenient drive-through window, perfect for quick service operations. Enjoy the serene ambiance of a patio overlooking Mill Creek, ideal for outdoor seating or relaxation. Inside, you'll find a private party room, perfect for meetings or special events, complemented by a cozy gas fireplace. Separate men's and women's restrooms ensure convenience for customers and employees. The high 9-foot ceilings create a spacious and airy atmosphere. This turn-key opportunity is located in a thriving community, offering excellent potential for growth and success. The property's prime location and versatile layout make it an attractive investment for discerning buyers seeking a well-established commercial space with significant upside. The ample acreage provides ample parking and potential for future expansion. This is a rare opportunity to acquire a highly desirable commercial property in a desirable location. Don't miss out on this chance to own a piece of Chatfield's vibrant business landscape.
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.