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R.W. Rice Building 435 E Main St

8,250 SF 100% Leased Retail Building Rice, MN 56367 £1,251,138 (£152/SF)

Investment Highlights

  • Holiday gas station has a long-term lease and will continue to operate the gas station.

Executive Summary

Excellent investment opportunity to purchase this retail shopping center! 100% fully leased. Long term tenants provide stable rental income. Highly visible location right off Highway 10 in Rice, MN. Holiday gas station has a long-term lease and will continue to operate the gas station.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,250 SF
Building Class
C
Year Built
1986
Price
£1,251,138
Price Per SF
£152
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.14
Land Acres
1.38 AC
Zoning
Commercial - Business commercial
Parking
30 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
223 ft on E Main St

Amenities

  • Freeway Visibility
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15.00431.00
Land Assessment
£126,757
Improvements Assessment
£485,354
Total Assessment
£612,111
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
  • Listing ID: 32821897

  • Date on Market: 15/08/2024

  • Last Updated:

  • Address: 435 E Main St, Rice, MN 56367

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