731 Broadway St, Monticello, MN 55362-8928
This exceptional commercial property, located at 731 E Broadway Street in Monticello, Minnesota, presents a compelling investment opportunity. The building encompasses 1,140 square feet and sits on a conveniently sized 0.25-acre lot. Its strategic location in Monticello offers excellent visibility and accessibility for businesses. Currently, the building is fully leased, providing immediate and consistent rental income. This translates to a stable investment with potential for future appreciation. The property's size is ideal for a variety of commercial uses, making it a versatile option for discerning investors. The building's current lease status ensures a steady cash flow stream, minimizing vacancy risks. Given its prime location and existing lease, this property represents a strong investment opportunity in the thriving Monticello market. The 1,140 square feet of space offers ample room for a range of commercial ventures. The 0.25-acre lot provides sufficient space for parking and potential future expansion. Serious inquiries are encouraged to explore this promising investment further. Detailed financial information and lease terms are available upon request. Don't miss this chance to acquire a well-situated, income-generating commercial property in a desirable Minnesota location.
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Michele Hanson Agency LLC American Family Insurance Insurance Agency
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American Family Insurance Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.