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Highway 63 Commercial Building and Land For S 720 N Broadway St 1,092 SF Retail Building Spring Valley, MN 55975 $350,000 ($320.51/SF)
INVESTMENT HIGHLIGHTS
- Prime location on Highway 63, the main road through Spring Valley
- Redevelopment potential for future commercial use
- Surrounded by other businesses including Casey’s Gas Station, America’s Best Hotel, Ace Hardware, banks, and restaurants
- Turn-key opportunity for both greenhouse and retail operations
- High-visibility location with consistent traffic flow
EXECUTIVE SUMMARY
Located at 720 North Broadway Ave in Spring Valley, MN, this commercial property offers a rare blend of turn-key functionality and development potential. Positioned right off Highway 63—the main thoroughfare through town—this approximate 1.66-acre site features excellent visibility and access, making it ideal for a range of uses.
Spring Valley is home to approximately 2,500 residents in south-east Minnesota, and is about 40 minutes south of Rochester, MN. Known for its scenic charm and close-knit atmosphere, Spring Valley provides a welcoming environment for businesses seeking to serve both locals and visitors.
Currently operating as a greenhouse and gift shop, the property is zoned 3A Commercial Land and Building , offering flexibility for redevelopment. Whether you're continuing a greenhouse-focused retail operation or envisioning something entirely new, this property is ready to support your goals.
Key Features Include:
- Lot Size: 1.66 Acres (buyer to confirm)
- Zoning: 3A Commercial Land and Building
- Two large greenhouses, each equipped with heat, fans, water access, and automatic temperature control
- Remodeled retail shop space (early 2025)
- Two-stall garage
- Ample parking
- Turn-key setup for greenhouse and gift shop operation
- Excellent visibility and access off Highway 63
- About 40 minutes from Rochester, MN
For more information or to schedule a showing, reach out to Justin Collopy today!
Spring Valley is home to approximately 2,500 residents in south-east Minnesota, and is about 40 minutes south of Rochester, MN. Known for its scenic charm and close-knit atmosphere, Spring Valley provides a welcoming environment for businesses seeking to serve both locals and visitors.
Currently operating as a greenhouse and gift shop, the property is zoned 3A Commercial Land and Building , offering flexibility for redevelopment. Whether you're continuing a greenhouse-focused retail operation or envisioning something entirely new, this property is ready to support your goals.
Key Features Include:
- Lot Size: 1.66 Acres (buyer to confirm)
- Zoning: 3A Commercial Land and Building
- Two large greenhouses, each equipped with heat, fans, water access, and automatic temperature control
- Remodeled retail shop space (early 2025)
- Two-stall garage
- Ample parking
- Turn-key setup for greenhouse and gift shop operation
- Excellent visibility and access off Highway 63
- About 40 minutes from Rochester, MN
For more information or to schedule a showing, reach out to Justin Collopy today!
TAXES & OPERATING EXPENSES (ACTUAL - 2024) 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 - 2024) 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
Building Size
1,092 SF
Year Built
1954
Price
$350,000
Price Per SF
$320.51
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.56 AC
Zoning
3A Commercial
Frontage
AMENITIES
- 24 Hour Access
- Signage
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 36.0912.010 | Total Assessment | $161,300 (2025) |
| Land Assessment | $97,800 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $63,500 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
36.0912.010
Land Assessment
$97,800 (2025)
Improvements Assessment
$63,500 (2025)
Total Assessment
$161,300 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Highway 63 Commercial Building and Land For S | 720 N Broadway St
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