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Property profile & analytics
OFF-MARKET
Commercial real estate

510 Fergus Ave Henning, MN 56551-4035

3,876 SF Built 1944
Entity Owned Free & Clear
Property ID
US46-1406573
Property summary
AI-generated overview

This exceptional 3,876 square foot commercial property located at 510 Fergus Avenue in Henning, Minnesota, presents a unique investment opportunity. Currently configured as a fully equipped meat locker, this turnkey business is ready for immediate operation. The building sits on a 0.21-acre lot and boasts a highly efficient operational flow, designed for optimal productivity. A prominent main showcase area is ideal for displaying products and engaging customers. The property features state-of-the-art equipment, all in like-new condition, reflecting a recent and comprehensive renovation. This extensive remodel encompassed all major systems, including complete rewiring and replumbing, as well as upgrades to the cooling and freezer units and the heating and air conditioning systems. No expense was spared in ensuring the facility is equipped for modern meat processing and storage needs. The property is offered at $325,000 and represents a rare chance to acquire an established business with minimal start-up costs and immediate revenue potential. The seller is motivated and ready to facilitate a smooth transition for the new owner. This is an exceptional opportunity for an entrepreneur seeking a profitable and established business in a thriving community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1944
Total area 3,876 SF
APN 72000990146000
UPID US46-1406573
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
OLES UP NORT MEATS & PROC INC
OLES UP NORT MEATS & PROC INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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