306 Lemieur St

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306 Lemieur St

Little Falls, MN 56345
Asking Price
$2.29M
Asset Type
Retail
Class
Class B

What's Special

306 Lemieur Street is located in the central business area of Little Falls, Minnesota, near the Mississippi River. The surrounding neighborhood features a mix of historic architecture, local government offices, and small-scale commercial storefronts. The property is situated blocks away from Highway 27 and within reach of Highway 10, providing regional connectivity for commuters and residents. Local amenities include nearby public parks, the Carnegie Library, and established community retailers. The property is suited for retail operations such as a boutique storefront, light commercial showroom, or a service-oriented business. Due to its location in a walkable district, the asset is positioned for tenants seeking visibility among local pedestrian traffic and residents. Typical tenants for this profile include independent retailers, specialty food providers, or professional service firms requiring a storefront presence in a secondary market.

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NOI
$80,000
Cap Rate
3.49%
DSCR
0.59
Underwater
Cash-on-Cash
-8.17%
Monthly Payment
$11,354.408
Annual Cash Flow
$-56,252.894

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