122 W Monroe Avenue, Mahnomen, MN

$495,000

6,350

Square feet

0.16

Acres

About 122 W Monroe Avenue

Discover the potential of this updated approx. 6,000 square foot commercial property in the heart of downtown Mahnomen. Conveniently located near the school, government offices, hospital, and businesses. Split into two functional units, this building offers exceptional flexibility for entrepreneurs, investors, or community-focused businesses or non-profits. Unit 1 (approx. 1,200 sq ft): A charming space ideal for a coffee shop, bakery, boutique retail, floral shop, deli, nail/hair salon, service business or office space. High visibility and great street presence make it perfect for drawing in foot traffic. Unit 2 (approx. 5,000 sq ft): A spacious, open-layout area well-suited for an event center, fitness studio, community gathering space, indoor market /maker space, antique mall, furniture store, after school space, daycare, or large retail concept. This unit previously housed a bar and commercial kitchen, offering the opportunity to rebuild or repurpose for food-related uses. Updates include a newly coated rubber roof. 24kW rooftop solar array reduces your operating costs with renewable energy. New plumbing lines, on demand hot water, and fixtures. New electrical panels, lines, and fixtures. New HVAC with energy efficient mini splits, gas boiler, and radiant. Newly renovated bathrooms. Whether you're launching a new venture or expanding your existing business, this building is packed with value and potential. Priced below recent appraised value – instant equity and a rare opportunity for savvy buyers. Owner/agent.

Features of 122 W Monroe Avenue

MLS® # 6727548
Price $495,000
Square Footage 6,350
Acres 0.16
Year Built 1946
Type Commercial
Status Active Contingent
Contingency Type Inspection

Community Information

Address 122 W Monroe Avenue
Subdivision Original Townsite
City Mahnomen
County Mahnomen
State MN
Zip Code 56557

Amenities

Garages On-Street Parking Only
Is Waterfront No
Has Pool No

Interior

Heating Boiler, Ductless Mini-Split, Radiant
Cooling Ductless Mini-Split
Fireplace No
Has Basement No

Exterior

Lot Description Corner Lot
Roof Age Over 8 Years, Flat, Rubber
Construction Block

School Information

District Mahnomen

Additional Information

Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $2,116
Tax Year 2024
Office Greenlaw Realty

Listing Details

OfficeGreenlaw Realty

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