Property profile

731 Broadway St Monticello, MN 55362

OFF-MARKET
Office buildings
Property ID
US46-3170324
1,140 SF 0.25 ac lot Built 1970
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,140 SF
Lot 0.25 ac (10,934 SF)
APN 155-015-001132
UPID US46-3170324

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
  • Insurance Agency
  • Insurance Agency

Location

731 Broadway St Monticello, MN 55362-8928
Monticello metro Census 100205 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2025
Last sale
$250,000
4 recorded transactions
2025
$295,000
2022
$250,000
2008
$250,000
1969
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 731 Broadway St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message