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70 Broadway Avenue E 70 E Broadway

3,750 SF 33% Leased Office Building Little Falls, MN 56345 £273,858 (£73/SF)

Investment Highlights

  • High traffic - ideal location in downtown
  • Open space - high end finish
  • Natural light

Executive Summary

Excellent location. Historic building in downtown Little Falls. Restored in 2019 to the original 1915 style, with 14' ceilings, and incredible natural light. This three story gem consists of a 3 bd 1 bath residential unit upstairs, with commercial/retail space on the main floor, three separate entrances and additional finished & storage space in the basement. 3750 ft2 total.
It has a new heat system (2024), with new 200 amp electric service, new hot water heater, new A/Cs and many other updates. Amazing natural light & vibe. Truly must see to appreciate, endless potential. Will discuss lease arrangement for long term renter, NNN.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,750 SF
Building Class
B
Year Built/Renovated
1915/2019
Price
£273,858
Price Per SF
£73
Percent Leased
33%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
1,250 SF
Building FAR
2.87
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
B1 - Business District Zoned (B1)
Parking
3 Spaces (1.2 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Accent Lighting
  • Roller Shutters
  • Storage Space
  • Basement
  • Central Heating
  • High Ceilings
  • Natural Light
  • Shower Facilities
  • Wooden Floors
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48.0016.000
Land Assessment
£21,987
Improvements Assessment
£14,241
Total Assessment
£36,227
  • Listing ID: 32824106

  • Date on Market: 15/08/2024

  • Last Updated:

  • Address: 70 E Broadway, Little Falls, MN 56345

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