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    OFF-MARKET
    Retail properties & Spaces

    816 Minnesota Ave, Walker, MN 56484

    1,728 SF 0.02 ac lot Built 1970
    Property ID
    US46-1162642
    Property summary
    AI-generated overview

    This 1,728 square foot retail property located at 816 Minnesota Avenue W, Walker, MN, presents a unique commercial opportunity. Boasting 371 feet of highway frontage, this location ensures high visibility and significant traffic exposure, ideal for a variety of businesses. The property sits on a 0.02-acre lot and includes a substantial 24x34 foot storage garage, offering ample space for inventory, equipment, or additional storage needs. The existing structure presents a versatile canvas for a prospective buyer. Its current configuration offers potential for immediate occupancy and operation of a retail business, or it could be remodeled to create a residential space, subject to local zoning regulations and permits. The possibilities are numerous, making this an exceptional investment opportunity in a vibrant community. The asking price is $199,730. Serious inquiries are encouraged to explore the full potential of this remarkable property. Don't miss this chance to own a piece of Walker's thriving commercial landscape.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1970
    Total area 1,728 SF
    Lot 0.02 ac (871 SF)
    UPID US46-1162642
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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