Property profile

965 Mcmillan St Worthington, MN 56187

OFF-MARKET
Commercial real estate
Property ID
US46-2828169
20,253 SF 2.46 ac lot Built 1953
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Worthington, MN property presents a unique investment opportunity. Situated on a generous 2.46-acre lot, this multi-use building offers significant potential. The main level encompasses 13,433 square feet of usable space, complemented by a full basement providing ample storage. The property boasts a total of 33 rooms and 27 bathrooms, catering to a variety of uses. Convenience is enhanced by an on-site elevator, a fully equipped kitchen, and 38+ parking spaces. A double detached garage adds further utility. The building's comprehensive fire suppression system includes sprinklers throughout. Zoned R-4, this property offers flexibility for diverse commercial or residential applications. The five parcels comprising this expansive site provide ample room for expansion or redevelopment. With its substantial size, versatile layout, and prime location in Worthington, MN, this property is poised for significant return on investment. The asking price is $1,950,000. The total building square footage is 20,253 square feet. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Year built 1953
Total area 20,253 SF
Lot 2.46 ac (107,158 SF)
UPID US46-2828169

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
  • Nursing Home

Location

965 Mcmillan St Worthington, MN 56187
Worthington metro
Google Maps

Value estimations

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

Owner & transaction history

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 965 Mcmillan 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