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31 Main Ave N 3,360 SF 100% Leased Retail Building New York Mills, MN 56567 $399,000 ($118.75/SF)



Executive Summary
Incredible opportunity to own your own car dealership, learn from a professional in the industry for over 35 years! This property includes a fully remodeled commercial building, a large detailing shop/garage, and a 2 bedroom, 3 bath home all on the same site - perfect for an owner-operator or investor. The dealership building was completely remodeled down to the studs within the last 2 years, featuring large offices on Main Ave., modern finishes and a new furnace. The detailing shop offers plenty of space for service operations or rental income or personal use. The attached 2-bedroom home provides flexibility - live onsite or rent it out for additional income.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
3,360 SF
Year Built
1991
Price
$399,000
Price Per SF
$118.75
Percent Leased
100%
Building Height
1 Story
Building FAR
0.59
Lot Size
0.13 AC
Zoning
Business/Commercial - Business/Commercial
Parking
16 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 73000990108000 | Improvements Assessment | $261,200 |
| Land Assessment | $4,500 | Total Assessment | $265,700 |
Property Taxes
Parcel Number
73000990108000
Land Assessment
$4,500
Improvements Assessment
$261,200
Total Assessment
$265,700
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31 Main Ave N
