Fully Leased Investment Property | Main Street Commercial Building

Asking Price$2,800,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.7082

Price per Sq. Ft.$397.00

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Fully Leased Investment Property | Main Street Commercial Building


Asking Price$2,800,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.7082

Price per Sq. Ft.$397.00

Property Description
Positioned prominently at 33 Main Street South in St. Michael, Minnesota, this modern, mixed-use commercial building offers exceptional visibility, strong community presence, and reliable in-place income. Constructed in 2021 and encompassing approximately 7,082 square feet, the property has been thoughtfully designed and meticulously maintained, reflecting pride of ownership throughout.
The building is fully leased to a complementary mix of professional and service-based tenants, including an integrative wellness clinic, a salon service provider, and a chiropractic practice. Lease structures include CAM reimbursements and established terms that support predictable cash flow and minimize operational complexity for a new owner.
One anchor tenant has outgrown the space due to business expansion and has proactively secured a replacement tenant, allowing for a seamless transition with no anticipated vacancy. This growth-driven evolution underscores the desirability of the location and strength of tenant demand.
Located along a well-trafficked corridor in a growing community, the property benefits from strong local demographics, excellent access, and long-term demand for professional services. This offering represents a rare opportunity to acquire a stabilized, turnkey commercial asset in a prime Main Street location — ideal for investors seeking dependable income, minimal management, and enduring value. Best suited for an investment (non-owner occupied) property.
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
Modern, well-maintained commercial building constructed in 2021 totaling approximately 7,082 SF. Located at 33 Main Street South, St. Michael, MN 55376 with excellent visibility and street presence. Property is fully leased with in-place and future lease commitments. The primary tenant has outgrown the space and has secured a replacement tenant, allowing for seamless transition with no anticipated vacancy. CAM reimbursements in place. Sale includes real estate only.
Location Description
Highly visible commercial property located at 33 Main Street South in St. Michael, MN 55376. Positioned along a well-trafficked corridor in a growing community with strong residential density and local business activity. Excellent access, visibility, and long-term tenant demand.
Current and Prior Use
Mixed-use commercial building currently occupied by professional and service-based tenants, including an integrative wellness clinic (will transition to a aesthetic dentist), a salon service provider, and a chiropractic practice. Tenants operate under established lease agreements, contributing to a diversified and stabilized income profile.
Year Built
2021
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
Property is being sold as a full-building purchase only. Fully leased now & future.
Current Property Expenses
Operating expenses are largely reimbursed through CAM charges to tenants. Owner-paid expenses are minimal and primarily limited to standard property items such as insurance and property taxes. Clean expense structure with predictable cash flow.
Listing Info
ID:
2469531
Listing Views:
5
Business Location

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Property Listed by: Ellie Anderson

Listing ID: 2469531 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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