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    OFF-MARKET
    Banks

    402 Old Hwy 61st S, Hinckley, MN 55037-8342

    2,288 SF 0.61 ac lot Built 1994
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US46-1432045
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 402 Old Hwy 61 S in Hinckley, Minnesota, presents a unique investment opportunity. The building boasts a substantial 2,288 square feet of space, offering ample room for a variety of commercial ventures. Its strategic location on Old Hwy 61 S ensures high visibility and accessibility for customers. The property sits on a 0.31-acre lot, providing sufficient space for parking and potential expansion. A key feature is the full, unfinished basement, presenting significant potential for additional development or storage. The existing structure is well-maintained, reflecting a commitment to quality construction. The design incorporates the possibility of drive-through capabilities, making it suitable for businesses requiring this type of access. This versatile building is ready for immediate occupancy and offers a multitude of possibilities for entrepreneurs and investors seeking a strong foothold in the Hinckley market. The asking price is $274,900. This represents an excellent value for a well-located, spacious commercial building with significant upside potential. Don't miss this chance to acquire a prime commercial property in a thriving community.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1994
    Total area 2,288 SF
    Lot 0.61 ac (26,702 SF)
    APN 40.0127.011
    UPID US46-1432045
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Garden Trading Group LLC
    Garden Trading Group LLC
    since 2026
    2 recorded transactions
    2026
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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