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300 S Mill St

5,400 SF 100% Leased Retail Building Rushford, MN 55971 £233,953 (£43/SF) 6.72% Net Initial Yield

Investment Highlights

  • Fully leased.
  • Well-located at the intersection of 2 state highways.

Executive Summary

Commercial location is crucial and this property has just that. Located at the intersection of 2 state highways. Completely rented (NO VACANCIES!). 8100 square foot building with main floor store front commercial area, beauty salon one bedroom apartment and a 2,700 square foot upstairs apartment (house). Invest today!

Financial Summary (Actual - 2021)

Annual Annual Per SF
Gross Rental Income £23,239 £4.30
Other Income - -
Vacancy Loss - -
Effective Gross Income £23,239 £4.30
Taxes £3,572 £0.66
Operating Expenses - -
Total Expenses £3,572 £0.66
Net Operating Income - -

Financial Summary (Actual - 2021)

Gross Rental Income
Annual £23,239
Annual Per SF £4.30
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £23,239
Annual Per SF £4.30
Taxes
Annual £3,572
Annual Per SF £0.66
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £3,572
Annual Per SF £0.66
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
5,400 SF
Building Class
C
Year Built
1900
Price
£233,953
Price Per SF
£43
Net Initial Yield
6.72%
NOI
£15,727
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.77
Land Acres
0.07 AC
Zoning
Commercial - Commercial
Frontage
26 ft on South Mill Street
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(507) 864-7952

  • Listing ID: 15178735

  • Date on Market: 14/02/2019

  • Last Updated:

  • Address: 300 S Mill St, Rushford, MN 55971

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300 S Mill St, Rushford, MN for sale Primary Photo- Image 1 of 16
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300 S Mill St
(507) 864-7952 x

300 S Mill St

Rodney Darr

(507) 864-7952

(507) 864-7952

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