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580 Main St 2,812 SF Retail Building Holdingford, MN 56340 $230,000 ($81.79/SF)



Investment Highlights
- Two-year lease term with two additional two-year renewal options
- Position on Main Street in the core of downtown Holdingford
- Large lobby, multiple private offices, resource room, and vault with safety deposit boxes
- Stable, established small-market community
Executive Summary
Inventure is please to present a stabilized single-tenant investment opportunity at 580 Main St in the heart of downtown Holdingford, MN. The property is currently occupied by Stearns Bank under a two-year lease with two additional two-year renewal options, delivering investors immediate cash flow with renewal optionality backed by an established regional tenant. The building totals 2,812 square feet with a finished basement, offering functional depth beyond its above-grade footprint. This fully built-out space supports active banking operations and strengthens the case for long-term tenant retention. The layout features a large lobby, multiple private offices, a dedicated resource room, a vault with safety deposit boxes, and drive-through teller lanes. Positioned on Main Street in the core of Holdingford's downtown corridor, the property benefits from strong local visibility and foot traffic. The location sits adjacent to the Lake Wobegon Trail, one of Minnesota's premier paved recreational trails, adding a consistent draw of community activity to the immediate area. 580 Main St presents a clean, straightforward acquisition ideal for the investor looking for a fully occupied asset, a reliable regional tenant, and a defined lease structure in a stable, established community.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
2,812 SF
Building Class
C
Year Built
1977
Price
$230,000
Price Per SF
$81.79
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.16 AC
Frontage
47’ on Main St
Somewhat walkable
20/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 58.33730.0001 | Improvements Assessment | $119,500 |
| Land Assessment | $10,300 | Total Assessment | $129,800 |
Property Taxes
Parcel Number
58.33730.0001
Land Assessment
$10,300
Improvements Assessment
$119,500
Total Assessment
$129,800
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