40240 Wabasha County

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40240 Wabasha County

Wabasha County, MN
Asking Price
$1.50M
Asset Type
Retail
Class
Class B

What's Special

Located in the heart of Wabasha County, Minnesota, this retail property occupies a strategic position within a growing rural commercial corridor. The surrounding neighborhood is characterized by a mix of local service businesses and residential pockets, maintaining a steady community atmosphere. The site offers direct frontage along primary regional thoroughfares, ensuring visibility for transit traffic moving through the county. Essential amenities, including local supply stores and government offices, are situated within a short drive, while the nearby highway network provides reliable logistics and customer access to and from adjacent townships. This asset is well-suited for a variety of general retail applications, including convenience hardware, specialty boutiques, or service-oriented storefronts. The layout supports flexible floor plans adaptable for high-volume foot traffic or showroom requirements. Typical tenants for this location include regional franchises seeking to capture the local market share or independent entrepreneurs looking for established community presence. Given the surrounding demographic, the property is ideal for businesses providing daily necessities, professional services, or specialty goods that cater to both long-term residents and seasonal visitors passing through the Wabasha area.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

Location & Travel Times