111 FOURTH AVE S

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111 FOURTH AVE S

PEASE, MN 56363-2123
Asking Price
$270K
Asset Type
Retail
Class
Class B

AI Property Summary

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

  • Retail asset located at 111 Fourth Ave S in Pease
  • Current asking price for the property is $269,900
  • Direct proximity to US Highway 169 for regional access
  • Versatile floor plan suitable for retail or office usage
  • Commercial site positioned within a functional regional trade corridor

What's Special

Priced at $269,900, this retail property at 111 Fourth Ave S in Pease, Minnesota, provides a strategic commercial footprint. Positioned near US Highway 169, the location benefits from proximity to a key regional arterial route, ensuring visibility and accessibility within this growing suburban market. The building is suited for investors or owner-occupiers seeking flexible space that can accommodate both traditional retail storefront operations and professional office needs. The layout supports various business models looking to establish a presence in Mille Lacs County, a region characterized by its accessible trade corridors and steady local economic activity. Business owners will find the proximity to major transportation links particularly advantageous for supply chain logistics or client-facing operations. Whether serving local residents or commuters traversing the highway, the site offers a practical foundation for commercial enterprise in a functional, well-situated market setting.

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NOI
$80,000
Cap Rate
29.64%
DSCR
4.99
Strong
Cash-on-Cash
79.01%
Monthly Payment
$1,335.318
Annual Cash Flow
$63,976.185

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