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667 Prentice St 2,142 SF Retail Building Granite Falls, MN 56241 $135,000 ($63.03/SF)
Investment Highlights
- Downtown
- Option to add a back patio with a view of the River
- Fully renovated
Executive Summary
Fully renovated building - Recently an Ice Cream, sandwich shop! This would make a great breakfast diner or evening bar. Tables and chairs included. Great location - downtown Granite Falls. Commercial kitchen equipment - request list. New furnace, A/C, plumbing, 2 ADA compliant bathrooms, Office space, front dining and back private dining room. A few small tables can be placed outside in front. The back of the building faces the MN River and there is a large back parking lot owned by the city. Full basement for storage. Bring your great ideas, and start your business in a building that is ready for you!
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$1,606
|
$0.75
|
| Operating Expenses |
$4,072
|
$1.90
|
| Total Expenses |
$5,678
|
$2.65
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $1,606 |
| Annual Per SF | $0.75 |
| Operating Expenses | |
|---|---|
| Annual | $4,072 |
| Annual Per SF | $1.90 |
| Total Expenses | |
|---|---|
| Annual | $5,678 |
| Annual Per SF | $2.65 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,142 SF
Building Class
C
Year Built/Renovated
1900/2021
Price
$135,000
Price Per SF
$63.03
Tenancy
Single
Building Height
1 Story
Building FAR
0.74
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
2 Spaces (0.93 Spaces per 1,000 SF Leased)
Frontage
26’ on Prentice St
Amenities
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 34-300-1505 | Total Assessment | $61,600 (2025) |
| Land Assessment | $7,200 (2025) | Annual Taxes | $1,606 ($0.75/SF) |
| Improvements Assessment | $54,400 (2025) | Tax Year | 2024 Payable 2024 |
Property Taxes
Parcel Number
34-300-1505
Land Assessment
$7,200 (2025)
Improvements Assessment
$54,400 (2025)
Total Assessment
$61,600 (2025)
Annual Taxes
$1,606 ($0.75/SF)
Tax Year
2024 Payable 2024
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667 Prentice St
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