101 7th St S - Freestanding FOR SALE


Saint James, MN 56081
$207,000 USD
715-491-3344
101 7th St S, Saint James, MN for Sale
$207,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

101 7th St S
Saint James, MN 56081


HIGHLIGHTS

  • Prominent downtown corner location with strong visibility and exposure
  • Approximately 0.27 acres across two parcels
  • Located near government offices, professional services, and downtown businesses
  • Dedicated paved parking lot plus additional side parking

OVERVIEW

Two-story split-level brick commercial building for sale on a prominent downtown intersection in St. James, MN, offering excellent visibility and corner exposure on one of the city's main routes. Property comes with parking lot included with ownership. In addition to the main, front entrance, there is also a side entrance with direct access to the attached parking lot, making it well suited for professional office, financial, or service-oriented users. The lower level is leased to an established local tenant, providing immediate in-place income. The upper level — recently remodeled with a reception area, lobby, conference room, kitchenette, and multiple private offices — is ready for an owner-user or new tenant. The building offers two furnaces and two A/C units (one recently replaced), a 2024 furnace replacement, joint water and electric service, and solid brick construction. Landscaping is maintained, and ownership has invested roughly $55,000 in recent improvements. A prior appraisal supported a higher value in a stronger market. A clean, low-maintenance corner asset with in-place income, immediate upside from the newly remodeled upper suite, and contract-for-deed financing available to qualified buyers.

FOR SALE DETAILS

PRICE

$207,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B-3

APN/PARCEL ID

20.100.1760,20.100.1770

ASK ABOUT THIS PROPERTY

Brenden OlsonNAI North StarMore Info
715-491-3344

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Brenden OlsonNAI North StarMore Info
715-491-3344

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.