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1018 3rd Ave 2,400 SF Retail Building Worthington, MN 56187 $299,500 ($124.79/SF)



Investment Highlights
- Built in 1938, this character-filled building blends historic charm with extensive recent updates that provide peace of mind for years to come.
- The spacious 2,400 sq. ft. main floor features newer flooring throughout and includes two half bathrooms for convenience.
- Within the last year, the property has been significantly improved with a new rubber roof/insulation, as well as a new furnace and central A/C.
- Located in a high-visibility downtown setting with convenient on-street parking, this property benefits from steady foot traffic and strong community.
Executive Summary
Prime Downtown Worthington Commercial Opportunity!
Step into opportunity with this 2,400 square foot commercial property located in the heart of Downtown Worthington. Built in 1938, this character-filled building blends historic charm with extensive recent updates that provide peace of mind for years to come.
Within the last year, the property has been significantly improved with a new rubber roof/insulation, as well as a new furnace and central A/C -- ensuring energy efficiency and year-round comfort.
The spacious 2,400 sq. ft. main floor features newer flooring throughout and includes two half bathrooms for convenience. Zoned B-2, this property offers excellent flexibility for a variety of business uses.
Located in a high-visibility downtown setting with convenient on-street parking, this property benefits from steady foot traffic and strong community presence.
Don't miss this exceptional opportunity to establish or expand your business in thriving Downtown Worthington!
Step into opportunity with this 2,400 square foot commercial property located in the heart of Downtown Worthington. Built in 1938, this character-filled building blends historic charm with extensive recent updates that provide peace of mind for years to come.
Within the last year, the property has been significantly improved with a new rubber roof/insulation, as well as a new furnace and central A/C -- ensuring energy efficiency and year-round comfort.
The spacious 2,400 sq. ft. main floor features newer flooring throughout and includes two half bathrooms for convenience. Zoned B-2, this property offers excellent flexibility for a variety of business uses.
Located in a high-visibility downtown setting with convenient on-street parking, this property benefits from steady foot traffic and strong community presence.
Don't miss this exceptional opportunity to establish or expand your business in thriving Downtown Worthington!
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
2,400 SF
Building Class
C
Year Built
1938
Price
$299,500
Price Per SF
$124.79
Building Height
1 Story
Building FAR
0.99
Lot Size
0.06 AC
Zoning
B2 - Neighborhood Business-Arterial District
Frontage
18’ on 3rd Avenue
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 31-0052-000 | Improvements Assessment | $110,500 |
| Land Assessment | $10,300 | Total Assessment | $120,800 |
Property Taxes
Parcel Number
31-0052-000
Land Assessment
$10,300
Improvements Assessment
$110,500
Total Assessment
$120,800
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