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203 5th St

5,000 SF Retail Building Pine City, MN 55063 $358,517 CAD ($72 CAD/SF)

Investment Highlights

  • Showcase your business here in this stunning 5,000 sq ft finished commercial building with prime window frontage!
  • Expansive conference room and 2 reception areas. Kitchenette area, perfect for staff or small gatherings.
  • Ample storage space throughout including a 5000 SF basement.
  • Spacious layout with 8 potential rental spaces, not including a separate entrance space that's already rented.
  • Historic charm combined with modern updates: newer roof, 2 updated furnaces and a new electrical panel.
  • Prime Location located on bustling 5th St., surrounded by shopping, dining and exceptional foot traffic.

Executive Summary

Showcase your business here in this stunning 5,000 SF finished commercial building with prime window frontage! Located in one of Pine City's most vibrant areas, this property offers endless possibilities for businesses of all types. Key features: Spacious layout with 8 potential rental spaces, not including a separate entrance space that's already rented. Expansive conference room and 2 reception areas. Kitchenette area, perfect for staff or small gatherings. Historic charm combined with modern updates: newer roof, 2 updated furnaces and a new electrical panel. Ample storage space throughout including a 5000 SF basement. Step inside and be greeted by a gorgeous and inviting atmosphere, ideal for any professional or retail venture. This building is not only beautiful but also functional, offering a great opportunity to bring new life to a space with rich history. Prime Location located on bustling 5th St., surrounded by shopping, dining and exceptional foot traffic. Close proximity to I-35, the scenic Snake River and right across from a lively city park that hosts summertime events. Don't miss out on this rare chance to position your business in the heart of Pine City's thriving community.

Attachments

Flyer

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1900/1990
Price
$358,517 CAD
Price Per SF
$72 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.98
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Frontage
51 ft on 5th St

Amenities

  • 24 Hour Access
  • Corner Lot
  • Storage Space
  • Air Conditioning

Nearby Major Retailers

Village Inn
U.S. Bank
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
042.5144.000
Land Assessment
$21,758 CAD
Improvements Assessment
$277,806 CAD
Total Assessment
$299,563 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 33971975

  • Date on Market: 2024-11-22

  • Last Updated:

  • Address: 203 5th St, Pine City, MN 55063

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