908 Main St, Adams, MN 55909-9776
This exceptional 3,310 square foot office building presents a remarkable repurposing opportunity in Adams, Minnesota. Located on Highway 56/Shooting Star Scenic Byway, this well-maintained property enjoys high visibility and convenient access. The building is situated on a 0.627-acre lot, providing ample parking. Its versatile design makes it suitable for a variety of uses, including creative office space, medical offices, or traditional office settings. The asking price is $225,000, translating to $67.98 per square foot—a price point significantly below replacement cost. Its proximity to the Adams school system and downtown area adds to its appeal. The building's excellent condition and prime location make it an ideal investment for entrepreneurs, businesses, or investors seeking a profitable venture in a thriving community. This single-building property offers a unique chance to acquire a well-established space with significant potential for growth and adaptation to diverse business needs. Don't miss this chance to own a piece of Adams' vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.