127 Central Ave - Office/Residential FOR SALE


Long Prairie, MN 56347
$275,000 USD
651-341-8196
127 Central Ave, Long Prairie, MN for Sale
$275,000 USD
Office/Residential - FOR SALE
1/17
null | 8.8% Cap Rate

127 Central Ave
Long Prairie, MN 56347


HIGHLIGHTS

  • Over 100 parking spots with Street Parking.
  • Located in downtown Long Prairie with excellent visibility and accessibility.
  • First-floor non-profit tenant and multiple efficiency apartment units upstairs
  • Strong main street presence with nearby parking and community amenities

OVERVIEW

PRIME INVESTMENT OPPORTUNITY! Well-Maintained Multi-Use Building with strong rental history. Property has 11-Spacious Rental Rooms on upper levels and main floor level Rented to a Non-Profit Organization. The property is located in the Vibrant Downtown of Long Praire, Mn which is also the County Seat. An excellent opportunity for investors seeking consistent cash flow.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$39 USD /SF

CAP RATE

8.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

Commercial

APN/PARCEL ID

36-0032500

ASK ABOUT THIS PROPERTY

Allan ZolinColdwell Banker Commercial RealtyMore Info
651-341-8196

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Allan ZolinColdwell Banker Commercial RealtyMore Info
651-341-8196

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