Property profile

420 Main St New Munich, MN 56356

FOR SALE
Other commercial real estate
Property ID
US46-1747376
632 SF 0.6 ac lot Built 2012
Trust Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

The property at 420 Main Street, New Munich, Minnesota, is a retail-focused site configured for mixed on-site uses, with history of operation as a flower shop, coffee shop, and gift/trinket boutique along with lawn ornament-related offerings. The building and exterior have undergone comprehensive remodeling, including exterior refresh with new paint and newly poured concrete, and the premises include additional interior or back-of-house space that can support storage, production, workshops, and event or gathering setups. The grounds feature multiple seating areas arranged to support customer use and outdoor gatherings, including the type of layout used for private events, vendor markets, and similar activities. The site is positioned to serve on-site customer access and is described as having convenient access to I-94, and it is intended for retail and related food-service or maker-style operations with adaptable space for additional concepts.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2012
Construction WOOD
Total area 632 SF
Lot 0.6 ac (26,019 SF)
APN 68.37923.0000
UPID US46-1747376

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

420 Main St New Munich, MN 56356
New Munich metro Census 10500 ST. CLOUD, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$75k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$75k

Owner & transaction history

since 2024
Last sale
$75,000
2 recorded transactions
2024
Price N/A
2021
$75,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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