115 S Broadway

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115 S Broadway

Crookston, MN 56716
Asking Price
$125K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office property located in downtown Crookston, Minnesota.
  • The building is currently available for purchase at $125,000.
  • Versatile workspace suited for a variety of professional service firms.
  • Ideally positioned to serve the regional market of the Red River Valley.
  • Property is situated at 115 S Broadway with convenient local access.

What's Special

This traditional office building located at 115 S Broadway in Crookston, Minnesota, provides a professional space for local operations. Situated in a region known for its steady agricultural and regional commerce roots, the property serves as a functional hub for businesses seeking a physical presence in the heart of the city. The layout supports a variety of administrative functions, making it suitable for professional services, legal consultations, or private corporate workspaces. The asset presents a straightforward acquisition for an owner-occupant or an investor looking to secure a foothold in a stable, community-focused market. Its central position in Crookston ensures proximity to local civic amenities and major transportation routes connecting throughout the Red River Valley. As a versatile workspace, the facility is well-positioned for firms requiring a defined office environment in an established commercial district.

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NOI
$80,000
Cap Rate
64.00%
DSCR
10.78
Strong
Cash-on-Cash
193.54%
Monthly Payment
$618.432
Annual Cash Flow
$72,578.818

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