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530 W Broadway St W 9,725 SF Office Building Monticello, MN 55362 $379,900 ($39.06/SF)
Investment Highlights
- Professional office building with residential-style exterior offering a unique, welcoming presence
- Located along W Broadway St with convenient access to local amenities and main thoroughfares
- Flexible interior layout with mix of open workspace, private offices, and meeting areas
- Carpeted interiors with neutral finishes, ready for customization
Executive Summary
Endless opportunities with this building. Currently has a 3 bedroom apartment upstairs w/private entrance in the rear with deck. Over 3,000 sq ft of office space on main floor with private his & hers restrooms. Could be divided up to have private office suites or one large one, or multi family apartments. Could be used as a senior care facility. Has large kitchen on main floor as well. There is a very large attached garage with entrance into rear of building. Access to old time elevator on all levels including to the basement and garage.. Asphalt parking lot to accommodate several vehicles with two driveway entrances. Property close to downtown Monticello. Exterior just recently painted.
Property Facts
Sale Type
Owner User
Sale Condition
Deferred Maintenance
Property Type
Office
Property Subtype
Office/Residential
Building Size
9,725 SF
Building Class
C
Year Built
1900
Price
$379,900
Price Per SF
$39.06
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,863 SF
Slab To Slab
10’
Building FAR
0.50
Lot Size
0.45 AC
Zoning
Multi-Family/Residential - Multi-Family/Residential Zoning
Parking
10 Spaces (1.03 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 155-010-039100 | Improvements Assessment | $289,900 |
| Land Assessment | $94,500 | Total Assessment | $384,400 |
Property Taxes
Parcel Number
155-010-039100
Land Assessment
$94,500
Improvements Assessment
$289,900
Total Assessment
$384,400
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530 W Broadway St W