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Downtown Chatfield Mixed-Use Opportunity 207 Main St 6,912 SF 100% Leased Retail Building Chatfield, MN 55923 $129,000 ($18.66/SF)
Investment Highlights
- Prime Main Street Location
- Versatile Mixed-Use Footprint
- True Blank Canvas
- Investor or Live-Work Opportunity
Executive Summary
Bring your design ideas to this classic 1898 brick building, perfectly situated right in the heart of bustling Main Street South. Offering an incredible footprint with high visibility, this versatile property features a spacious main-floor commercial space—previously operated as a restaurant—and two 1-bedroom apartments on the second floor.
This property serves as a true blank canvas, making it an ideal choice for an investor looking to build equity, a business owner wanting a live-work setup, or a developer aiming to capitalize on Chatfield's residential rental demand.
The ample square footage offers an excellent opportunity to customize the entire space from top to bottom. Bring your contractor, explore the possibilities, and unlock the massive potential of this downtown anchor!
The property is being sold strictly in "As-Is" condition.
This property serves as a true blank canvas, making it an ideal choice for an investor looking to build equity, a business owner wanting a live-work setup, or a developer aiming to capitalize on Chatfield's residential rental demand.
The ample square footage offers an excellent opportunity to customize the entire space from top to bottom. Bring your contractor, explore the possibilities, and unlock the massive potential of this downtown anchor!
The property is being sold strictly in "As-Is" condition.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,912 SF
Building Class
C
Year Built
1898
Price
$129,000
Price Per SF
$18.66
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.98
Lot Size
0.08 AC
Frontage
36’ on Main St
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Cafe
- Awning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 26.0240.000 | Improvements Assessment | $72,200 |
| Land Assessment | $8,700 | Total Assessment | $80,900 |
Property Taxes
Parcel Number
26.0240.000
Land Assessment
$8,700
Improvements Assessment
$72,200
Total Assessment
$80,900
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Contact the Sale Advisor
Downtown Chatfield Mixed-Use Opportunity | 207 Main St