907 Marshall Ave, Henning, MN 56551
This substantial 14,911 square foot building presents a unique investment opportunity in Henning, Minnesota. Previously utilized as a nursing home and more recently as single-room occupancy housing, this versatile property offers a multitude of potential uses. The building boasts 30 individual units, a mix of which include private and shared bathrooms. A fully equipped commercial kitchen is ideal for various applications, complemented by two spacious common areas, a dedicated office, a utility room, and a reception area. The property's accessibility features include handicap access, a comprehensive sprinkler system, and a reliable Cummings generator, ensuring safety and functionality. The expansive 2.91-acre lot provides ample outdoor space, enhanced by a covered pavilion and a patio area, perfect for residents or clients. Located at 907 Marshall Avenue, this property is strategically positioned in Henning, MN, offering significant potential for redevelopment or continued operation as a multi-unit residential or commercial space. The possibilities are diverse, ranging from a nursing home or veterans' home to assisted living, office space, a daycare center, or rental units. This substantial property offers a rare combination of size, features, and location, making it an attractive proposition for discerning investors and entrepreneurs. The asking price is $349,500.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.