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1317 Ray Dr 3,624 SF 100% Leased Retail Building Worthington, MN 56187 $1,195,000 ($329.75/SF)

Retail Buildings Minnesota Worthington 1317 Ray Dr, Worthington, MN 56187

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EXECUTIVE SUMMARY

Prime Investment Opportunity in Worthington, MN Two-Unit Commercial Property! Discover an exceptional investment opportunity with this versatile two-unit commercial property located in the heart of Worthington. Situated under one roof, this well-maintained building offers two separate units, making it ideal for owner-occupants, investors, or businesses seeking a premium location. Property Highlights: Two distinct commercial spaces? Rent out both for maximum returns or occupy one while leasing the other. Prime location with excellent visibility and high traffic exposure. Modern and well-kept interiors ? Move-in ready for various business types. Ample parking to accommodate customers, tenants, and employees. Strong rental income potential with long-term investment value. Whether you're looking to expand your business, start a new venture, or generate passive income, this property offers endless possibilities. Don't miss out on this incredible investment opportunity.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,624 SF
Building Class
B
Year Built
2017
Price
$1,195,000
Price Per SF
$329.75
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.94 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
28 Spaces (7.73 Spaces per 1,000 SF Leased)
Frontage
112’ on Ray Drive
1 1

NEARBY MAJOR RETAILERS

Scooter's Coffee
Hy-Vee
Caribou Coffee
Maui Tacos
Perkins
The YMCA
Bank of Montreal

PROPERTY TAXES

Parcel Number 31-2492-500 Improvements Assessment $293,100
Land Assessment $328,800 Total Assessment $621,900

PROPERTY TAXES

Parcel Number
31-2492-500
Land Assessment
$328,800
Improvements Assessment
$293,100
Total Assessment
$621,900
(507) 329-0201

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 35263237

  • Date on Market: 3/26/2025

  • Last Updated:

  • Address: 1317 Ray Dr, Worthington, MN 56187

More public record information on 1317 Ray Dr, Worthington, MN 56187

The Retail Property at 1317 Ray Dr, Worthington, MN 56187 is currently available for Sale. Contact Johnson Builders & Realtors, Inc. for more information.

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1317 Ray Dr
(507) 329-0201 x

1317 Ray Dr

Jason Johnson
(507) 329-0201

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