831 1st St | Nashwauk, MN 55769
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831 1st St
Nashwauk, MN 55769
Absolute Auction Fast-Food Retail · Retail Property For Sale
Investment Highlights
- Fast food restaurant featuring pylon signage visible from main travel routes, a beautiful glass dining atrium, a drive-thru, and ample parking.
- Situated in an opportunity zone featuring potential tax incentives.
- Minutes from the center of Nashwauk, offering amenities including a recreation center and a community garden.
- Vacant building that creates an ideal owner/user opportunity or a potential upside through lease-up.
- Located on a corner lot near two of the area’s most traveled routes.
- Consumer spending within ten miles is $92,299,797 annually, with food among the top spending categories.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,598 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.79 AC
Zoning
M - Manufacturing
Parking
30 Spaces (11.55 Spaces per 1,000 SF Leased)
Frontage
318 FT on 1st Street
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 95-032-3303 | Improvements Assessment | $110,800 |
| Land Assessment | $11,500 | Total Assessment | $122,300 |
PROPERTY TAXES
Parcel Number
95-032-3303
Land Assessment
$11,500
Improvements Assessment
$110,800
Total Assessment
$122,300
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