711 Main StMelrose, MN 56352

Property Details for 711 Main St

Lot size

0.29 AC

Property type

Commercial land

APN

66.36627.0000

APU

66366270000

Description

This exceptional 7,352 square foot industrial property, situated on a highly visible corner lot at 711 E Main Street in Melrose, Minnesota, presents a compelling investment opportunity. The building, constructed in 1951 with significant additions in 1985 and 1987, boasts a completely renovated exterior, including a new steel exterior and roof completed in 2010. Nestled on a generous 2.07-acre lot comprised of four separate parcels, this property offers significant potential for future expansion. The functional layout includes a well-appointed reception area, a showroom ideal for product display, a dedicated office space of approximately 1,415 square feet, and an expansive shop/warehouse area totaling roughly 5,937 square feet. The existing infrastructure includes several cranes of varying sizes, which may be available for purchase separately. The property benefits from robust three-phase power, making it suitable for a variety of industrial applications. Its prime location near downtown Melrose ensures high visibility and easy access. This is an ideal owner-occupier opportunity to acquire a substantial, well-maintained industrial building at an attractive price of $375,000. The combination of size, location, and recent renovations makes this a rare find in the Melrose market.

• Alternative Use

  Use

  Valuation

  Residential

  $2,658,953

  Hospitality

  $2,435,587

  Educational

  $2,026,380

  Medical

  $2,096,070

  Retail

  $3,152,146

Location Insight

City

Melrose

County

Stearns

State

Minnesota

Latitude

45.6754

Longitude

-94.8035

CBSA code

41060

CBSA name

ST. CLOUD, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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