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    OFF-MARKET
    Commercial real estate

    40074 Evergreen Dr, Emily, MN 56447-3116

    900 SF 0.76 ac lot Built 2006
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US46-0443932
    Property summary
    AI-generated overview

    This exceptional business property at 40074 Evergreen Drive in Emily, Minnesota, presents a compelling investment opportunity. The main building boasts approximately 900 square feet, featuring a prominent showroom, a convenient bathroom, and a spacious work area, ideal for a variety of commercial uses. Beyond the main structure, significant storage is available. A substantial 104x52 foot storage area, complemented by lean-tos and an additional separate storage building, provides ample space for inventory, equipment, or materials. The entire property sits on a generous 2.32-acre lot, offering significant expansion potential or ample outdoor space. The property is fully fenced, ensuring security and privacy. Its high visibility location ensures excellent exposure to potential customers and clients. This turnkey business location is ready for immediate occupancy and offers a unique blend of showroom, workspace, and extensive storage capabilities. The asking price is $449,900. Don't miss this chance to acquire a well-established and versatile commercial property in a desirable location. Schedule a viewing to explore the possibilities.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2006
    Construction WOOD FRAME
    Total area 900 SF
    Lot 0.76 ac (33,169 SF)
    APN 21270521
    UPID US46-0443932
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Emily Masonry Construction Company General Contractor
    • North Shore Log Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Pine River State Bank · 1 yrs held
    Pine River State Bank
    since 2025
    1 recorded transaction
    2025
    $344,948
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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