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224 Elm St W 4,240 SF 100% Leased Retail Building Norwood Young America, MN 55368 $284,700 ($67.15/SF)
Investment Highlights
- 4,240 SF two-story mixed-use building
- Prime corner location on Elm St
- Ground-floor retail with upper-level office or apartment potential
- On-street parking available
Executive Summary
Agents to verify all measurements. This building is owner occupied. Downsizing and moving business to their local location. Will rent back but perfect close date mid June. Moving sale of inventory April 1 - May 30. Please call agent if other arrangements are needed.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,240 SF
Building Class
C
Year Built
1896
Price
$284,700
Price Per SF
$67.15
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.62
Lot Size
0.06 AC
Zoning
C-3
Frontage
Amenities
- Signage
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 58.0500560 | Improvements Assessment | $197,000 |
| Land Assessment | $20,000 | Total Assessment | $217,000 |
Property Taxes
Parcel Number
58.0500560
Land Assessment
$20,000
Improvements Assessment
$197,000
Total Assessment
$217,000
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224 Elm St W
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