38804 8th Ave

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38804 8th Ave

North Branch, MN 55056
Asking Price
Contact for price
Asset Type
Executive Office Multifamily
Class
Class B

AI Property Summary

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

  • Located in the downtown business district of North Branch Minnesota
  • Property is zoned B3 to accommodate professional office usage
  • Asset includes a residential studio apartment on the lower level
  • Site offers flexible configurations for executive or administrative workspace
  • Positioned within a growing submarket in the broader metro area

What's Special

Operating as a B3-zoned downtown property, this versatile asset in North Branch serves as a viable site for executive office space or professional headquarters. Its location within the central business district provides accessibility for local commerce, while the floor plan allows for a configuration that supports administrative operations. The inclusion of a lower-level studio apartment adds functionality for onsite management or auxiliary housing needs within the building footprint. This property benefits from its position in a growing regional market that maintains strong ties to the greater metro area. Investors or business owners seeking a functional multi-use workspace will find that the existing layout supports a professional environment suitable for a range of administrative and commercial activities. The North Branch submarket continues to see consistent interest, and this site provides a tangible opportunity to establish a foothold in the downtown corridor.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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