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207 S Broadway Ave 1,200 SF 100% Leased Office Building Gilbert, MN 55741 $85,900 ($71.58/SF)
Investment Highlights
- Updated Utilities including electric, new furnace, hot water heater
- Located near major local highway and near lakes,campground and trails
- Ample parking both front and back
Executive Summary
Excellent investment potential. Convenient commercial building located on main street in Gilbert has many updates and would make a great office building/small business location with off street parking. New gas direct vent furnace installed in 2025, updated plumbing, new hot water heater and new electric service. The building also has room for an apartment and the lower level has heat, plug outlets, lights and overhead door access with 1000 sq. ft. of usable space. Located near lakes and ATV trails, it offers many potentials for a great location for a small business. Own a business? Save on rent. Would also make a great commercial rental property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,200 SF
Year Built
1930
Price
$85,900
Price Per SF
$71.58
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,200 SF
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 060002001560 | Improvements Assessment | $19,100 |
| Land Assessment | $3,300 | Total Assessment | $22,400 |
Property Taxes
Parcel Number
060002001560
Land Assessment
$3,300
Improvements Assessment
$19,100
Total Assessment
$22,400
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207 S Broadway Ave
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