Suak Centre Mixed Use Property
Mixed Use | 15,680 SqFt
Marketing description
Inventure Real Estate is pleased to present a rare, fully stabilized mixed-use investment offering in the heart of Sauk Centre’s vibrant downtown district. This two-building portfolio—located along two of Sauk Centre's most traveled corridors at 509 1/2 Sinclair Lewis Avenue (8,160 SF) and 300 Main Street S (7,520 SF)—totals 15,680 square feet and is 100% occupied, providing investors with immediate in-place cash flow. Positioned within the C-1 Downtown Commercial District, these well-maintained properties feature a strong blend of retail and residential units. Together, the buildings contain 16 total units, including four street-level retail suites and 12 apartment units above, offering diversified income streams and stable tenancy. Both buildings benefit from prominent visibility, pedestrian traffic, and close proximity to Sauk Centre’s core amenities—including restaurants, shops, and community services. With their strategic location and full occupancy, these properties present an exceptional opportunity for investors seeking a asset in a growing regional market.
Investment highlights
Fully occupied mixed-use commercial property: Two building portfolio of 15,680 square feet, offering 16 units (4 retail units + 12 apartment units)
Zoned C-1 Downtown Commercial Zoning: Flexible zoning supports a variety of retail, service, office, and residential uses
Prime downtown location: Situated along Sinclair Lewis Ave and Main Street S, both buildings benefit from strong visibility and local traffic.
Value add: Several retail leases at this property are below market rents, providing significant upside potential upon renewal
Diverse tenant mix: Retail and multifamily components reduce risk and enhance income stability
Walkability: Many different businesses and restaurants on the main drag of Sinclair Lewis Ave and Main Street S, ex: Jitters, Crazy J's Bar & Grill, El Mezcal, etc.
Coin operated washer and dryers in 509 building for added revenue
Recent tenant and common area improvements
Ample city parking located in the back of the buildings
Both roofs redone in 2021
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