For Sale
$90,000

109 Main St Mahnomen, MN 56557

Prime Commercial Space w/ Apartment, High ROI

Overview

Added:
Feb 3
Days on market:
78
This exceptional commercial property at 109 Main Street North in Mahnomen, Minnesota presents a compelling investment opportunity. The building boasts a total of 3,876 square feet situated on a 0.07-acre lot, offering a prominent Main Street location. The property features a ground-floor commercial storefront, ideal for a variety of retail or service businesses. Above the storefront is a spacious two-bedroom, one-bathroom apartment, recently updated and currently generating rental income. The apartment adds significant value to the investment, providing a consistent revenue stream. The asking price for this turnkey property is $90,000, making it an attractive proposition for investors seeking a strong return on investment. Current gross rents total $1165 per month, demonstrating the property's income-generating potential. This property is ready for immediate occupancy and offers a blend of commercial and residential income streams in a desirable location. The combination of a well-located commercial space and a profitable rental unit makes this an exceptional opportunity for savvy investors. The property's size and location make it a highly visible and accessible business location. Don't miss this chance to acquire a valuable asset in a growing community.

Property Details for 109 Main St

Property type
Commercial real estate
Square Feet
3,876 SF
Year Built
1908
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Mahnomen
County
Mahnomen
State
Minnesota
Latitude
47.31569
Longitude
-95.96908

FAQs

What type of property is this?
Commercial real estate - Prime Commercial Space w/ Apartment, High ROI
Where is the commercial real estate located?
The property is located at 109 Main St Mahnomen, MN.
What is the asking price?
The asking price for this property is $90,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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109 Main St
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