Retail

Shelly, MN Retail Properties & Spaces for Sale

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Hillsboro, ND Crookston, MN
Commercial Building and Bare Lot
Updated: Feb 24
Commercial Building and Bare Lot

102 McKinley Avenue E, Shelly, MN 56581

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3,164 sqft
Two Parcels: Includes a building and a bare lot.
3,164 SF Building: Substantial building size.
Income Generating: Currently has a tenant and generates lease income.
Landlord Right of Termination: Option to occupy the property prior to close of escrow.
Development Potential: Bare lot offers development opportunities (subject to zoning).
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Shelly, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Triple-Net Service Retail Investment
Triple-Net Service Retail Investment

3300 32nd Ave S, Grand Forks, ND 58201

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9,645 sqft

Three medical-service tenants occupy a 100% leased NNN retail property with corporate guarantees and long-term commitments.

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Retail Space For Sale
Retail Space For Sale

2377 S University Dr, Fargo, ND 58103

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2,425 sqft

Retail space available with a 6.35% CAP rate.

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Open-Air Retail Center with Shadow Anchors
Open-Air Retail Center with Shadow Anchors

3861 32nd Ave S, Grand Forks, ND 58201

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Grand Forks Marketplace is a five-building open-air center anchored by Starbucks and shadow-anchored by Target and Lowes.

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Prime Land in Fargo
Prime Land in Fargo

2015 16th St N, Fargo, ND 58102

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Rare land opportunity near NDSU, Fargodome, and Hector Airport.

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Off-Market Properties in Shelly, MN

Consider similar Off-Market properties in Shelly, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

111 Mckinley Ave
RETAIL STORES (PERSONAL SERVICES)

111 Mckinley Ave, Shelly, MN 56581

$135,000
Estimated value
640 sqft
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109 Mckinley Ave
RESTAURANT

109 Mckinley Ave, Shelly, MN 56581

$245,000
Estimated value
1,128 sqft
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103 Mckinley Ave
RETAIL STORES (PERSONAL SERVICES)

103 Mckinley Ave, Shelly, MN 56581

$200,000
Estimated value
2,352 sqft
View details
102 Mckinley Ave
RETAIL STORES (PERSONAL SERVICES)

102 Mckinley Ave, Shelly, MN 56581

$145,000
Estimated value
993 sqft
View details
104 Mckinley Ave
RETAIL STORES (PERSONAL SERVICES)

104 Mckinley Ave, Shelly, MN 56581

$170,000
Estimated value
1,500 sqft
View details
119 Mckinley Ave
RETAIL STORES (PERSONAL SERVICES)

119 Mckinley Ave, Shelly, MN 56581

$180,000
Estimated value
1,680 sqft
View details
16 2nd St
NIGHTCLUB (COCKTAIL LOUNGE)

16 2nd St, Shelly, MN 56581

$220,000
Estimated value
9,600 sqft 5.41 AC lot
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Shelly, MN Retail Properties & Spaces Market Trends and Statistics

Explore 8 retail properties & spaces for sale in Shelly, MN on our real estate platform. These investment opportunities span a total of 3,164 square feet of properties for sale.

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Demographics Overview

Population 261
Population Growth (5Y) +19.2%
Median Household Income $58,125
College Educated 15.6%

Taxes & Financing

Tax Rate (average for all types) 2.11%
Property Tax per SF $16.97 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

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