122 W Monroe AVE new

Mahnomen,MN 56557

$ 495000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Original Townsite

MLS Listing ID 6727548

Year Built 1946

Annual Tax Amount $2,116

Tax Year 2024

Lot Size 6,969 Sqft

Property Description

Discover the potential of this updated approx. 6,000 square foot commercial property in the heart of downtown Mahnomen. Conveniently located near the school, government offices, hospital, and businesses. Split into two functional units, this building offers exceptional flexibility for entrepreneurs, investors, or community-focused businesses or non-profits. Unit 1 (approx. 1,200 sq ft): A charming space ideal for a coffee shop, bakery, boutique retail, floral shop, deli, nail/hair salon, service business or office space. High visibility and great street presence make it perfect for drawing in foot traffic. Unit 2 (approx. 5,000 sq ft): A spacious, open-layout area well-suited for an event center, fitness studio, community gathering space, indoor market /maker space, antique mall, furniture store, after school space, daycare, or large retail concept. This unit previously housed a bar and commercial kitchen, offering the opportunity to rebuild or repurpose for food-related uses.
Updates include a newly coated rubber roof. 24kW rooftop solar array reduces your operating costs with renewable energy. New plumbing lines, on demand hot water, and fixtures. New electrical panels, lines, and fixtures. New HVAC with energy efficient mini splits, gas boiler, and radiant. Newly renovated bathrooms.
Whether you're launching a new venture or expanding your existing business, this building is packed with value and potential. Priced below recent appraised value – instant equity and a rare opportunity for savvy buyers. Owner/agent.

Location

State MN

County Mahnomen

Zoning Business/Commercial

Rooms

Kitchen Other

Interior

Heating Boiler,Ductless Mini-Split,Radiant

Cooling Ductless Mini-Split

Inclusions Building

Exterior

Parking Features On-Street Parking Only

Utilities Available Electric Common,Heating Common,Hot Water Common

Roof Type Age Over 8 Years,Flat,Rubber

Building

Lot Description Corner Lot

Story One

Foundation 6550

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Block

Schools

School District Mahnomen

View More
Favorite Go Tour