140 8th Avenue Granite Falls, MN
$ 69,000
Property Attributes
  • ID#5695998
  • TypePending
  • CityGranite Falls
  • Zip56241
  • StyleOffice
  • Year Built1900
  • Taxes$ 1957
  • Price$ 69,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2568
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Scenic Valley Real Estate LLC
Data Source:
Property Description

Great income property property! This commercial building has four offices that are all currently rented. The cap rate is approximately 10%. This property is conveniently located downtown with on-street parking plus an adjacent municipal off street parking lot. Shingles were new in the fall of 2020. Tenants are currently on a month-to-month lease, if you want to put your own business there and have your tenants rent help to pay your mortgage payments! It would be a great spot for your business!

Price History
12/23/2020 Listed $69,000

General Features

Accessibility None
Construction Materials Brick/Stone, Stucco, Vinyl Siding
Contingency None
Current Use Beauty/Barber Shop, Office, Professional Service, Retail
Fuel Expense 1536
Heating Hot Water, Boiler
High School District Yellow Medicine East
Lender Owned No
Parking Features Paved
Property SubType Office
Property Type Commercial Sale
Roof Asphalt
Sewer City Sewer/Connected
Standard Status Pending
Tax Annual Amount 1957
Total Units 4
Zoning Description Business/Commercial

Exterior Features

Foundationarea 2568
Lot Dimensions 50x90
Lot Size Area 0.1
Lot Size Units Square Feet
Road Frontage Type City Street, Paved Streets, Curbs, Sidewalks, Street Lights, Storm Sewer
Water Source City Water/Connected
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 56241

AVG $130K
AVG $1,515
AVG 18
Year Built
AVG 1948
AVG 28
Data Provided by Walkscore ® not using MLS data

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