111 1St AveWindom, MN 56101

  • Commercial real estate
  • 0.95 AC
For Sale
$589,900 View listing

Property Details for 111 1St Ave

Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.95 AC
Property type
Commercial real estate
APN
25-036-0600
APU
250360600

Description

This exceptional 2.95-acre industrial property in Windom, Minnesota, presents a unique development opportunity. Situated on Highway 60 and Highway 71, this site boasts 10,964 square feet and offers excellent visibility with approximately 290 square feet of frontage road. The property benefits from high daily traffic counts of 11,250 vehicles, including 2,725 commercial vehicles, ensuring significant exposure for any commercial, industrial, or retail venture. The location is strategically advantageous, surrounded by established businesses such as Kwik Trip, Lampert Lumber, Defries Collision Center, Hardee's, Godfather's Pizza, Cottonwood Motor, and Subway. Its proximity to major transportation routes provides easy access to a wider market. The property is conveniently located 32.4 miles from I-90 and Worthington, 91.2 miles from Mankato, MN, 65.6 miles from MSP International Airport, and 142.4 miles from Spirit Lake, IA. Windom, the county seat of Cottonwood County, offers a desirable blend of recreational opportunities, including numerous lakes and the Des Moines River, while maintaining a strong local economy. This property represents a rare chance to establish a thriving business in a vibrant community with excellent infrastructure and high visibility. The former Sunbowl site is ready for your vision.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,797,044
    Hospitality
    $7,142,050
    Educational
    $5,942,102
    Medical
    $6,146,460
    Retail
    $9,243,269

Location Insight

City
Windom
County
Cottonwood
State
Minnesota
Latitude
43.8576
Longitude
-95.1146

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
2023
$4,576
$95,400
$97,800
$193,200
-
$95,400
$97,800
$193,200

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