Property profile

716 10th E St Glencoe, MN 55336

OFF-MARKET
Commercial real estate
Property ID
US46-2296263
8,229 SF Built 1900
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 8,229 square foot retail building is ideally situated in the heart of Glencoe, Minnesota, directly on State Highway 22. Built in 1980, this sturdy concrete structure offers two existing units, presenting a versatile opportunity for a variety of retail or service businesses. The property boasts convenient on-street parking and approximately five additional off-street parking stalls located at the rear. A significant advantage for any prospective buyer is the inclusion of a brand-new roof as part of the sale, eliminating a major capital expenditure. The building also features a loading dock at the rear, enhancing operational efficiency. This prime location offers excellent visibility and accessibility, making it an attractive investment for entrepreneurs seeking a well-established space in a thriving community. The asking price for this substantial property is $349,000. Don't miss this chance to own a piece of Glencoe's vibrant commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Total area 8,229 SF
APN 22.060.3220
UPID US46-2296263

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
  • Horse Boarding Stable
  • Publishing House Newspaper & Magazine
  • Publishing House Newspaper & Magazine
  • Newspaper & Magazine Television Studio
  • Advertising Agency Marketing & Advertising

Location

716 10th E St Glencoe, MN 55336-2212
Glencoe metro Census 950700 HUTCHINSON, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2025
Last sale
$150,000
2 recorded transactions
2025
$150,000
2010
Price N/A

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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