For Sale
$150,000

115 3Rd StFrost, MN 56033

15 Units, Huge Potential, Needs TLC

Overview

Added:
Feb 3
Days on market:
65
This exceptional mixed-use property, located at 115 W 3rd Street in Frost, Minnesota, presents a unique investment opportunity. Spanning 22,000 square feet on a one-acre lot, this property boasts a total of 15 units, a blend of apartments and commercial spaces. Originally a school, the building has been repurposed into its current configuration, offering significant potential for a savvy investor. The property's location offers convenient access to Interstate 90, just two miles away, providing excellent visibility and accessibility. While the property requires some renovations and improvements, the substantial size and the high number of units offer a strong foundation for a lucrative return on investment. The current asking price is $150,000, reflecting the need for work, but also presenting a significant opportunity for value appreciation after renovations. This is an ideal property for an investor looking for a hands-on project with high potential for rental income and future appreciation. The substantial square footage and the strategic location near a major interstate make this a truly compelling opportunity in the thriving Frost, Minnesota market. Serious inquiries are encouraged to explore the full potential of this unique mixed-use property.

Property Details for 115 3Rd St

Property type
Mixed-use properties
Square Feet
22,000 SF
Year Built
1959
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Frost
County
Faribault
State
Minnesota
Latitude
43.58605
Longitude
-93.92743
115 3Rd St, Frost, Minnesota

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115 3Rd St
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