Waterfront - Lease to Own
761 Prentice Street # 3 Granite Falls, MN
$ 52,000
Property Attributes
  • ID#5749306
  • TypeCommercial
  • CityGranite Falls
  • AreaPrentice Place Commons
  • Zip56241
  • StyleOffice
  • Year Built1965
  • Taxes$ 677
  • Price$ 52,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1540
Listing Provided Courtesy Of:
Hughes Real Estate and Auction
Data Source:
Property Description

Prentice Place Commons suite #3 for Sale! This includes 2 private offices and large open reception area that has been made into 4 cubical offices. Two offices have window views that overlook the MN River! The suite is currently leased through 2022 with the option to renew. The shared common area is hallway, waiting area and bathrooms. Storage areas are available. Unit #3 has 635 Sq ft in the office space, the rest of the sq footage is common space in the building. CAP rate 11.47% Last 7 years 100% occupancy. 2 One year lease Options available w/ the current tenant. The unit has new carpets and fresh paint as of Jan 2019.

Price History
4/30/2021 Listed $52,000

General Features

Accessibility Wheelchair Ramp(s), No Stairs External, Hallways 42 +, Doors 36 +
Association Amenities Other
Basement Full, Walkout, Block, Unfinished
Construction Materials Stucco
Contingency None
Cooling Central Air
Current Use Professional Service
Garage Spaces 1
Heating Forced Air
High School District Yellow Medicine East
Lender Owned No
Parking Features Open
Property SubType Office
Property Type Commercial Sale
Roof Flat
Sewer City Sewer/Connected
Standard Status Active
Tax Annual Amount 677
Total Units 1
View River
Water Body Name Minnesota River
Waterfront Features River Front
Zoning Description Business/Commercial

Exterior Features

Foundationarea 1540
Lot Dimensions 635
Lot Features Accessible Shoreline, Underground Utilities
Lot Size Units Acres
Road Frontage Type County Road
Water Source City Water/Connected
Waterfront Y/N Yes


  • 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 Commercial Average in 56241

AVG $180K
AVG $4,179
AVG 41
Year Built
AVG 1962
AVG 38
Data Provided by Walkscore ® not using MLS data

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