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Thrifty White 202 S 2nd Ave 3,000 SF Office Building Virginia, MN 55792 $1,400,000 ($466.67/SF) 9.50% Cap Rate

Office Spaces Minnesota Virginia 202 S 2nd Ave, Virginia, MN 55792

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INVESTMENT HIGHLIGHTS

  • Attractive Entry-Level Price Point Paired with a High Capitalization Rate: Offers investors an accessible purchase opportunity with strong initial yie
  • Proximity to Government and Financial Services: Located less than half a mile from a U.S. Bank branch and a St. Louis County Government Services Cente
  • Tenant recently renewed a five-year option: Tenant has demonstrated commitment to the site through recently renewing a five-year option that commences
  • Prominent Hard-Corner Location: Strategically positioned at a signalized intersection, enhancing visibility, accessibility, and daily drive-by exposur
  • Close to Key Educational Institution: Just ±0.6 miles from North Star Elementary School, contributing to steady neighborhood foot traffic and supporti

EXECUTIVE SUMMARY

Broker of Record
Brian Brockman
License # 40628603 (MN)
Bang Realty, Inc.
2939 Vernon Place Cincinnati OH 45219
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
3,000 SF
Building Class
B
Year Built
1936
Price
$1,400,000
Price Per SF
$466.67
Cap Rate
9.50%
NOI
$133,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,000 SF
Building FAR
0.33
Lot Size
0.21 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.
Zoning
COMM
Parking
10 Spaces (3.33 Spaces per 1,000 SF Leased)

LINKS

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Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
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Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(866) 889-0550

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CONTACTS

  • Listing ID: 37982652

  • Date on Market: 10/7/2025

  • Last Updated:

  • Address: 202 S 2nd Ave, Virginia, MN 55792

More public record information on 202 S 2nd Ave, Virginia, MN 55792

The Office Property at 202 S 2nd Ave, Virginia, MN 55792 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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Thrifty White | 202 S 2nd Ave
(866) 889-0550 x

Thrifty White | 202 S 2nd Ave

Vincent Tanzi
(866) 889-0550

Vincent Chapey
(925) 915-9569

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