6041 Main St Ste A North Branch, MN 55056-6589
- Industrial properties
- 1,900 SF
- 0.93 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 6041 Main St Ste A
- Year built
- 2002
- Lot size
- 0.93 lot acres
- Property size
- 1,900 SF
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 16-00119-12
- APU
- 160011912
Description
Midtown Commons, located at 6041 Main St, North Branch, MN 55056, presents a unique opportunity for businesses seeking established office space in a thriving commercial district. This 11,622 square foot building, constructed in 2002, features a traditional office layout spread across two stories. The property boasts 47 parking spaces, a significant advantage for employees and clients. The building's zoning is B-3, Regional Business District, reflecting its suitability for a variety of commercial uses. Internally, the space offers a versatile configuration, previously occupied as a chiropractic office. The layout includes four offices, a smaller room, two waiting areas, storage closets, and a restroom. Its convenient location on Highway 95, just east of I-35, ensures excellent accessibility and visibility. The property benefits from its position within the established Midtown Commons complex, alongside reputable businesses such as Remax Results, Sun Dental & Orthodontics, and St. Croix Hospice, creating a strong sense of community and shared clientele. This is an exceptional opportunity to establish or expand your business in a high-traffic area with ample parking and a desirable location within the Northeast submarket of North Branch.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $400,000
- 6.5%
- $355,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $450,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $395,000
- Mixed-Use
- $345,000
- Hospitality
- $375,000
- Educational
- $455,000
- Residential Income
- $385,000
- Energy
- $450,000
- Income-Based Land
- $410,000
- Food Service
- $435,000
Location Insight
- Map
- Local Demand
- City
- North Branch
- County
- Chisago
- State
- Minnesota
- Longitude
- -92.9863
- Latitude
- 45.5112
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA