518 Central Ave - Storefront Retail/Residential FOR SALE


Lester Prairie, MN 55354 | 
$325,000 USD
952-288-7576
518 Central Ave, Lester Prairie, MN for Sale
$325,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | Request Cap Rate

NEW


518 Central Ave
Lester Prairie, MN 55354


OVERVIEW

If you are looking to get into commercial real estate this is the perfect entry point. There is plenty of room for growth, multiple income streams, and all for an affordable price. Local bank is ready to help you finance your next investment! There are 4 apartments, and a main floor commercial space with street entrance with no steps. There is a contract with the bank to allow tenants to park next to the building otherwise off-street parking is available.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$52 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

59,985 SF

ZONING

-

APN/PARCEL ID

17.050.1370

ASK ABOUT THIS PROPERTY

Nicholas JenkinsRE/MAX Advantage Plus - EaganMore Info
952-288-7576

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

Nicholas JenkinsRE/MAX Advantage Plus - EaganMore Info
952-288-7576

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