907 Marshall Ave Henning, MN 56551
- Commercial real estate
- 14,911 SF
- 2.91 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 907 Marshall Ave
- Year built
- 1960
- Lot size
- 2.91 lot acres
- Property size
- 14,911 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Henning
- County
- Otter Tail
- State
- Minnesota
- Longitude
- -95.44901
- Latitude
- 46.31727