111 Division StBuffalo, MN 55313

For Sale
$400,000

Prime redevelopment opportunity; 7,962 SF building, 18,986 SF lot.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional mixed-use property, located at 111 Division St E in Buffalo, Minnesota, presents a compelling redevelopment opportunity. The property boasts a substantial lot size of 18,986 square feet, encompassing a 7,962 square foot building currently zoned B-5. This prime location in downtown Buffalo offers excellent visibility and accessibility, situated conveniently near Highways 25 and 55. The property's strategic placement ensures proximity to a variety of shops and stores, catering to a thriving local market. Ample parking is readily available through nearby municipal lots. The asking price is $400,000, translating to $50.24 per square foot. 2021 property taxes amounted to $8,260.00. The Parcel Identification Number (PID) is 103-010-065032. This versatile property is ideal for investors seeking to capitalize on the vibrant downtown Buffalo area and create a significant return on investment. The substantial lot size and existing building provide a solid foundation for a variety of development projects.

Highlights

  • $400,000 asking price for a mixed-use commercial storefront property.
  • 7,962 square feet building on an 18,986 square foot lot.
  • $50.24 per square foot.
  • B-5 zoning.
  • Prime redevelopment opportunity in downtown Buffalo, MN, near Highways 25 and 55.

Location Insight

City
Buffalo
County
Wright
State
Minnesota
Latitude
45.172225
Longitude
-93.873995
111 Division St, Buffalo, Minnesota

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111 Division St
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