121 Main Avenue

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121 Main Avenue

Hoffman, MN 56339
Asking Price
$284K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront available for purchase in Hoffman, MN
  • Property is listed for an asking price of $284,000
  • Asset provides a versatile space for local business operations
  • Located at 121 Main Avenue in the 56339 zip code
  • Suitable for retail or professional service-based commercial use

What's Special

This retail storefront located at 121 Main Avenue in Hoffman, MN, presents a functional asset for investors or business owners. Situated within the professional landscape of a smaller community in Minnesota, the property offers a straightforward layout well-suited for traditional retail, service-oriented businesses, or local commerce ventures. The Hoffman market maintains a steady pace, benefiting from the regional economic environment that supports neighborhood-scale enterprise. Prospective buyers will find this space adaptable to various commercial operations, providing a stable foundation for storefront activities within the city. Its positioning within the local streetscape ensures visibility and accessibility for regular patrons, making it a viable addition to a local business portfolio. The building serves as a practical solution for those seeking a dedicated retail footprint in this specific part of Grant County, where community-focused business remains a core driver of the local economy.

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NOI
$80,000
Cap Rate
28.17%
DSCR
4.74
Strong
Cash-on-Cash
74.11%
Monthly Payment
$1,405.077
Annual Cash Flow
$63,139.075

Location & Travel Times