120 S Main St | Lamberton, MN 56152
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120 S Main St
Lamberton, MN 56152
Absolute $1 Auction: Freestanding Retail · Retail Property For Sale
Investment Highlights
- Must-Sell Absolute Auction With No Reserve
- Excellent Condition With 125' of Frontage: The freestanding brick building is in excellent condition with immediate exposure to traffic activity.
- Motivated Seller: The subject property is a bank-owned property that will be selling at a low cost basis.
- 2 additional lots for parking
- Flexible Investment Approach: New ownership will have the ability to pursue a lease-up strategy with prospective tenants to secure long-term cash flow
PROPERTY FACTS
Property Type
Retail
Property Subtype
Retail
Building Size
3,500 SF
Building Class
C
Year Built
1900
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.29 AC
Parking
10 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $82,800 | |
| Land Assessment | $6,300 | Total Assessment | $89,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,300
Improvements Assessment
$82,800
Total Assessment
$89,100
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