114 Main StHutchinson, MN 55350
- Commercial real estate
- 12,604 SF
Property Details for 114 Main St
- Year built
- 1900
- Property size (Sq ft)
- 12,604 SF
- Property type
- Commercial real estate
- APN
- 23.477.0010
- APU
- 234770010
Description
This exceptional Class A commercial property, Cornerstone Commons, is situated on a 0.4-acre lot at 114 Main St N, Hutchinson, MN 55350, conveniently located near 1st Avenue in the heart of historic downtown. The single, two-story building encompasses 22,339 square feet and is zoned C3. The property features a diverse mix of existing tenants, including medical, office, and retail businesses, creating a vibrant and established environment. Multiple tenancy options are available, ranging from executive suites as small as 176 square feet to larger spaces up to 2,053 square feet, providing flexibility for various business needs. The building's classification as Class A reflects its high-quality construction and amenities. This prime location offers excellent visibility and accessibility, making it an ideal investment opportunity for businesses seeking a presence in a thriving downtown area. The property's diverse tenant mix ensures a stable income stream, while the available spaces offer significant potential for growth and expansion. This is a rare opportunity to acquire a well-established, high-quality commercial property in a desirable location. The building's versatile layout caters to a wide range of businesses, from medical practices and traditional offices to retail establishments. Contact us today to learn more about this exceptional property and the available leasing opportunities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,374,799
- Hospitality
- $2,175,303
- Educational
- $1,809,827
- Medical
- $1,872,070
- Retail
- $2,815,286
Location Insight
- City
- Hutchinson
- County
- Mcleod
- State
- Minnesota
- Latitude
- 44.8937
- Longitude
- -94.3697
- CBSA code
- 26780
- CBSA name
- HUTCHINSON, MN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
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