233 2nd NW St

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233 2nd NW St

Ortonville, MN 56278
Asking Price
$980K
Asset Type
Office
Class
Class B

AI Property Summary

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

  • Commercial office property located at 233 2nd NW St in Ortonville
  • Asset offered for sale with an asking price of $980,000
  • Site resides within a prominent business area of Big Stone County
  • Suitable location for professional service firms or administrative business use
  • Situated near major regional routes in western Minnesota

What's Special

Ortonville serves as a regional hub in western Minnesota, positioned near the border of South Dakota and the scenic Big Stone Lake area. This office property at 233 2nd NW St occupies a central position within the local business district, providing accessibility for residents and surrounding agricultural communities. The regional economy relies on a blend of service industries, retail, and nearby outdoor recreation sectors, making this a functional site for professional services, administrative operations, or a small business headquarters. Investors and business owners evaluating this market will find a stable community environment suitable for long-term commercial occupancy. The structure is well-positioned for firms seeking a dedicated workspace in a established neighborhood setting. Its location within the city grid allows for straightforward connectivity to primary thoroughfares serving the broader Big Stone County area, ensuring utility for both local clientele and staff.

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NOI
$80,000
Cap Rate
8.16%
DSCR
1.37
Strong
Cash-on-Cash
7.42%
Monthly Payment
$4,848.505
Annual Cash Flow
$21,817.936

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