For Sale
$425,000

214 2Nd Ave Virginia, MN 55792

Prime Mixed-Use Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional mixed-use storefront property, located at 214 N 2nd Ave, Virginia, MN 55792, presents a compelling redevelopment opportunity for discerning investors and entrepreneurs. The 11,014 square foot building, situated on a 10,200 square foot lot, boasts three stories and is currently 100% occupied. The property's permitted commercial zoning (comm) allows for a wide range of uses, including retail, office, and residential development. The solid brick structure, formerly housing Anderson Furniture, offers significant potential for adaptive reuse. Its prime downtown Virginia location ensures high visibility and foot traffic, making it ideal for a variety of businesses. The building includes a separate garage/storage building, providing additional space for storage or potential expansion. With 11,000 square feet of net rentable space, this property offers substantial value and significant upside potential. The asking price is $425,000. The property's APN is 090-0010-02450, 02740, 02420. This is a rare opportunity to acquire a substantial property in a thriving downtown area. Don't miss this chance to capitalize on the immense potential of this unique investment.

Highlights

  • $425,000 asking price for a mixed-use storefront in Virginia, MN.
  • 11,000 square feet of net rentable space in a 11,014 square foot building.
  • 100% occupancy with one unit across three stories.
  • Located at 214 N 2nd Ave, Virginia, MN 55792, on a 10,200 square foot lot.
  • Commercial zoning ("comm").
  • Broker co-op available.

Property Details for 214 2Nd Ave

Property type
Retail properties, Mixed-use properties
Square Feet
11,014 SF
Buildings
1
Stories
3
Units
1

Location Insight

City
Virginia
County
St Louis
State
Minnesota
Latitude
47.5246491
Longitude
-92.5332761
214 2Nd Ave, Virginia, Minnesota

FAQs

What type of property is this?
Retail property - Prime Mixed-Use Redevelopment Opportunity
Where is the retail property located?
The property is located at 214 2Nd Ave Virginia, MN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: $425,000 asking price for a mixed-use storefront in Virginia, MN.; 11,000 square feet of net rentable space in a 11,014 square foot building.; 100% occupancy with one unit across three stories.
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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214 2Nd Ave
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