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120 2nd St NW 34,000 SF Retail Building Pipestone, MN 56164 $395,000 ($11.62/SF)
INVESTMENT HIGHLIGHTS
- Convenient Highway Access
- Located in downtown Pipestone
EXECUTIVE SUMMARY
Please Request Cap Rate. Sale Type is Owner User. price/SF is $12 USD
In 2013, significant upgrades were completed, including the installation of a front canopy on the main building, the addition of automatic doors, and a full roof replacement. Earlier improvements included a comprehensive HVAC system upgrade in 2009 and resurfacing and paving of the back lot during the same year.
In 2013, significant upgrades were completed, including the installation of a front canopy on the main building, the addition of automatic doors, and a full roof replacement. Earlier improvements included a comprehensive HVAC system upgrade in 2009 and resurfacing and paving of the back lot during the same year.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
34,000 SF
Building Class
C
Year Built
1975
Price
$395,000
Price Per SF
$11.62
Tenancy
Single
Building Height
1 Story
Building FAR
0.54
Lot Size
1.44 AC
Zoning
CR - Commercial Retail
Parking
15 Spaces (0.44 Spaces per 1,000 SF Leased)
Frontage
150’ on NW 2nd st
AMENITIES
- Security System
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18.200.1560 | Improvements Assessment | $567,300 (2025) |
| Land Assessment | $94,200 (2025) | Total Assessment | $661,500 (2025) |
PROPERTY TAXES
Parcel Number
18.200.1560
Land Assessment
$94,200 (2025)
Improvements Assessment
$567,300 (2025)
Total Assessment
$661,500 (2025)
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120 2nd St NW
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