This Property is no longer advertised on Showcase.com.
Off Market
1/11

120-124 E Maine St
Amboy, MN 56010


OVERVIEW

Highlights Established Business for more than 70 years Option to Negotiate Leased Space or Purchase Building Description Graf's Home Furnishings in Amboy, Minnesota (30 minutes south of Mankato, MN) is for sale due to owner's retirement. Building features include rubber membrane roof, newer furnaces, has a 2 BR apartment above part of the store but is in need of renovations -- great potential for owner/user. Zoned commercial, 2018 taxes $2,444. Building priced below county estimated market value. Buyer has option to purchase the business for $86,000. Founded in 1950, Graf's serves as a local retail and service company for furniture, home furnishings, flooring and window treatments. Customers have been traveling within a 45 mile radius for almost 70 years to receive genuine service at an affordable price. View existing business website at http://www.grafsfurniture.com/. Location Located less than 1 mile from State Highway 169 on the main retail thoroughfare in Amboy, Minnesota. This property is situated in a small town with historic charm. The infamous Amboy Cottage restaurant is less than two blocks away, and other established offices and businesses continue to thrive downtown. The current location is only 30 minutes south of Mankato in South Central Minnesota.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

7634

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R11-22-23-205-020