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2 Division St E
Buffalo, MN 55313
Buffalo - Commercial Building · Office Property For Sale
Investment Highlights
- 8.26% Cap Rate on Pro Forma Income
- Scenic views of Buffalo Lake!
- Ample off-street, city-maintained parking (44 off-street municipal stalls). Minimal snow removal responsibilities (only sidewalk behind building).
- 4 of 6 units leased. Seller willing to lease back 1 of the vacant units for 1 yr.
- Beautiful brick exterior, high ceilings, and great windows!
Property Facts
Property Type
Building Size
10,440 SF
Building Class
B
Year Built/Renovated
1911/2004
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,220 SF
Slab To Slab
12’
Building FAR
2.00
Lot Size
0.12 AC
Zoning
B-5 Central Business
Parking
90 Spaces (8.62 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Signage
Property Taxes
| Parcel Number | 103-010-095091 | Improvements Assessment | $906,300 |
| Land Assessment | $97,400 | Total Assessment | $1,003,700 |
Property Taxes
Parcel Number
103-010-095091
Land Assessment
$97,400
Improvements Assessment
$906,300
Total Assessment
$1,003,700
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