116 W Broadway - Office FOR SALE


Climax, MN 56523
$35,000 USD
701-729-4117
116 W Broadway, Climax, MN for Sale
$35,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

116 W Broadway
Climax, MN 56523


HIGHLIGHTS

  • Below Replacement Cost — Priced at just $23.40/sq ft, well under the $150-250/sq ft cost to build new. Assessed at $33,200 with low annual taxes
  • Dual-Suite Layout with Separate Entrances — Two independent suites, each with its own entrance and bathroom, enabling owner-occupy-plus-rent or multi
  • Move-In Ready with Recent Upgrades — Modernized bathrooms, 2024 carpet in Suite B, 2016 Trane furnace with central air, and updated roof ventilation.

OVERVIEW

For Sale By Owner — no broker commission. Turnkey office building priced to sell at $35,000. Building is in good condition with recent improvements including modernized bathrooms, new carpet (2024), updated roof ventilation, and a 2016 Trane furnace. Minor exterior work needed (gutters). Showings available by appointment — call (701) 642-0010 or email winfred@hey.com. Full Offering Memorandum available upon request.

FOR SALE DETAILS

PRICE

$35,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,119 SF

ZONING

Commercial

APN/PARCEL ID

81.00078.00,81.00079.00

ASK ABOUT THIS PROPERTY

Winfred WolfgramClimax Ventures, LLCMore Info
701-729-4117

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Winfred WolfgramClimax Ventures, LLCMore Info
701-729-4117

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