704 3Rd AveAurora, MN 55705

  • Commercial real estate
  • 8,346 SF
For Sale
$299,000 View listing

Property Details for 704 3Rd Ave

Year built
2007
Property size (Sq ft)
8,346 SF
Property type
Commercial real estate
APN
100-0047-00010
APU
100004700010

Description

This exceptional commercial property in Aurora, Minnesota, presents a remarkable opportunity for a variety of businesses. Located on a 0.57-acre lot at 704 W 3rd Ave N, this former Family Dollar store boasts 8,346 square feet of versatile space. The layout includes a large retail area, perfect for showcasing products or services, a dedicated storage room for inventory management, a private office for administrative tasks, and two convenient single-stall restrooms. The property features a well-maintained asphalt parking lot with 31 spaces, ensuring ample parking for customers and employees. Built with durability in mind, the building features a metal roof and steel siding, minimizing maintenance requirements and ensuring long-term cost-effectiveness. Benefit from excellent visibility on Minnesota Highway 135, a high-traffic area with an average annual daily traffic count of 4,693 vehicles. A prominent mast sign further enhances visibility, ensuring your business stands out to potential customers. The property is zoned for commercial use, offering flexibility for a wide range of business ventures. Priced at $299,000, this property represents an outstanding investment opportunity in a thriving community. Don't miss out on this chance to establish your business in a prime location with significant potential for growth.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,756,361
    Hospitality
    $1,608,817
    Educational
    $1,338,517
    Medical
    $1,384,551
    Retail
    $2,082,138
704 3Rd Ave, Aurora, Minnesota

Location Insight

City
Aurora
County
St. Louis
State
Minnesota
Latitude
47.5309
Longitude
-92.2511
CBSA code
20260
CBSA name
DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,788
$14,600
$363,800
$378,400
-
$14,600
$363,800
$378,400

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