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    Melrose Industrial Property with Showroom
    Updated: Jun 26, 2024
    Melrose Industrial Property with Showroom

    711 E Main Street, Melrose, MN 56352

    $295,000
    1,415 sqft 2.07 AC lot
    Large 7,352 SF industrial building suitable for owner occupancy
    High visibility corner location near downtown on East Main Street
    Heavy three‑phase power
    Potential for future building expansion on 2.07 acres comprised of 4 parcels
    Recently renovated exterior (new steel exterior and roof in 2010)
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    This listing looks promising.

    Here's a quick look at some key insights for

    711 E Main Street, Melrose, MN 56352

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $233K
      Suggested

    • Property Type

      Manufacturing (Light)
      Built 1951
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Melrose, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Self Storage Building
    Self Storage Building

    34390 County Road 10 #14, Albany, MN 56307

    $129,500
    1,728 sqft

    Brand new 36-by-48 storage building with 16-foot sidewalls, power, and a 4-inch concrete floor.

    View details
    New Self-Storage Building
    New Self-Storage Building

    34390 County Road 10 #13, Albany, MN 56307

    $129,500
    1,728 sqft

    Brand-new 36x48 storage building with 16-foot sidewalls, power, and a 4-inch concrete floor.

    View details
    Self-Storage Garage Facility
    Self-Storage Garage Facility

    6149 Storage Ln NE, Carlos, MN 56319

    $425,250

    Maintenance-free exterior self-storage garages include electric service, bathroom facilities, and concrete floors with apron.

    View details
    Self Storage Garage Unit
    Self Storage Garage Unit

    6421 Storage Lane NE #L-17, Carlos, MN 56319

    Contact for pricing

    Garage unit includes electric access and a 16' x 10' overhead door, with shared association maintenance and bathroom facilities.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Light Industrial Land Parcel
    Light Industrial Land Parcel

    2212 Jefferson Street, Alexandria, MN 56308

    $440,000
    3.06 AC lot

    For sale commercial land in Alexandria, suited for light industrial development planning.

    View details
    Light Industrial Land Development Site
    Light Industrial Land Development Site

    4th Avenue S, Sartell, MN 56377

    $499,900
    7.61 AC lot

    Light industrial zoned land totaling about 7.6 acres with access to a major corridor in Sartell, MN.

    View details
    Land For Sale, Becker Twp
    Land For Sale, Becker Twp

    16296 149th Street SE, Big Lake, MN 55309

    $575,000
    2.76 AC lot

    2.76 acre commercial land available in Becker Twp, Minnesota.

    View details
    Milaca Land For Sale
    Milaca Land For Sale

    710 10th Street NE, Milaca, MN 56353

    $375,000

    Land available for sale in Milaca, Minnesota.

    View details

    Melrose, MN Warehouses Market Trends and Statistics

    Explore 1 warehouses for sale in Melrose, MN on our real estate platform. These investment opportunities span a total of 1,415 square feet of properties for sale, with an estimated market value of $295,000.

    Sale prices for warehouse buildings in Melrose, MN average $295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,955
    Population Growth (5Y) -1.1%
    Median Household Income $71,356
    College Educated 26.4%

    High-Yield Neighborhoods for Investment

    Identify Melrose submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56352 $339K

    Taxes & Financing

    Tax Rate (average for all types) 2.38%
    Property Tax per SF $53.54 per SF
    Tax Rate vs County Average 0.42 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Stearns County

    New Delisted

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