Log In/Sign Up
Your email has been sent.
115 Railway St W 4,000 SF Retail Building Loretto, MN 55357 $824,999 ($206.25/SF) 9.09% Cap Rate
Executive Summary
This full brick, beautifully maintained building spans approximately 4,700 square feet and showcases strong curb appeal along with long-standing community presence. The property features a newly paved parking lot, a newer roof, and all major mechanical systems updated in 2022, providing peace of mind for years to come.
Inside, the space is fully equipped with a majority of kitchen appliances and bar equipment replaced in 2022, allowing for a seamless transition to new ownership. The layout includes a dedicated bar area, dining space, and a separate banquet room—ideal for private events, parties, and additional revenue streams.
Inside, the space is fully equipped with a majority of kitchen appliances and bar equipment replaced in 2022, allowing for a seamless transition to new ownership. The layout includes a dedicated bar area, dining space, and a separate banquet room—ideal for private events, parties, and additional revenue streams.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
2003
Price
$824,999
Price Per SF
$206.25
Cap Rate
9.09%
NOI
$75,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.45 AC
Zoning
CP - Commercial Preferred
Parking
15 Spaces (3.75 Spaces per 1,000 SF Leased)
Amenities
- Signage
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 06-118-23-34-0088 | Improvements Assessment | $559,000 |
| Land Assessment | $118,000 | Total Assessment | $677,000 |
Property Taxes
Parcel Number
06-118-23-34-0088
Land Assessment
$118,000
Improvements Assessment
$559,000
Total Assessment
$677,000
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
115 Railway St W
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.