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245 E Main St 4,256 SF Retail Building Rice, MN 56367 $275,000 ($64.61/SF)
Investment Highlights
- High traffic counts
- Close to major intersection
- High visibilty
Executive Summary
Here is a great opportunity to purchase some high visibility retail/light industrial space in close proximity to Hwy 10 just north of St. Cloud. There has been a successful small engine repair and power equipment sales business run from this location for many years. Selling due to retirement. Two separate buildings, 2,000sf each.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,256 SF
Building Class
C
Year Built
1950
Price
$275,000
Price Per SF
$64.61
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.39 AC
Frontage
106’ on E Main St
Amenities
- Pylon Sign
- Signage
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 15.00068.00 | Total Assessment | $106,600 (2025) |
| Land Assessment | $37,400 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $69,200 (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
15.00068.00
Land Assessment
$37,400 (2025)
Improvements Assessment
$69,200 (2025)
Total Assessment
$106,600 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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245 E Main St
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