$950,000
CHATFIELD PROPERTIES LLC
Details
Property Type Retail
Sub Type Storefront
Square Footage 8,460
Occupancy 50%
Tenancy Multi
Lease Type Gross
Lease Term 10
Lease Expiration 09/30/2028
Remaining Term 2.3
Price per SqFt $112
Year Built 2004
Stories 1
Acreage 0.970
Zoning B-2 Neighborhood Comm
Lease Commencement 10/01/2018
Ground Lease No
Ownership PRI – PRIMARY
Sale Condition N/A
8,460 sq ft commercial building on busy highway in Chatfield, MN. Building is 1/2 rented 1/2 vacant
Marketing description
This general retail asset offers a solid income stream with a tenant occupying half of the building and generating $5,000 per month in gross rent. With $60,000 in annual income already in place, the property provides an immediate return and reduced leasing risk. Its Main Street frontage enhances long-term demand and supports stable occupancy. This makes the property a strong opportunity for investors seeking dependable cash flow and value in a small-market commercial corridor.
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