580 Main St - Bank FOR SALE


Holdingford, MN 56340
$230,000 USD
320-258-5808
580 Main St, Holdingford, MN for Sale
$230,000 USD
Bank - FOR SALE
1/11
null | Request Cap Rate

580 Main St
Holdingford, MN 56340


HIGHLIGHTS

  • Two-year lease term with two additional two-year renewal options
  • Large lobby, multiple private offices, resource room, and vault with safety deposit boxes
  • Position on Main Street in the core of downtown Holdingford
  • Stable, established small-market community

OVERVIEW

Inventure is please to present a stabilized single-tenant investment opportunity at 580 Main St in the heart of downtown Holdingford, MN. The property is currently occupied by Stearns Bank under a two-year lease with two additional two-year renewal options, delivering investors immediate cash flow with renewal optionality backed by an established regional tenant. The building totals 2,812 square feet with a finished basement, offering functional depth beyond its above-grade footprint. This fully built-out space supports active banking operations and strengthens the case for long-term tenant retention. The layout features a large lobby, multiple private offices, a dedicated resource room, a vault with safety deposit boxes, and drive-through teller lanes. Positioned on Main Street in the core of Holdingford's downtown corridor, the property benefits from strong local visibility and foot traffic. The location sits adjacent to the Lake Wobegon Trail, one of Minnesota's premier paved recreational trails, adding a consistent draw of community activity to the immediate area. 580 Main St presents a clean, straightforward acquisition ideal for the investor looking for a fully occupied asset, a reliable regional tenant, and a defined lease structure in a stable, established community.

FOR SALE DETAILS

PRICE

$230,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,141 SF

ZONING

-

APN/PARCEL ID

58.33730.0001

ASK ABOUT THIS PROPERTY

Bill MolitorRE/MAX ResultsMore Info
320-258-5808

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Bill MolitorRE/MAX ResultsMore Info
320-258-5808

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