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101 7th St S 3,000 SF 50% Leased Retail Building Saint James, MN 56081 $290,019 CAD ($96.67 CAD/SF)



Investment Highlights
- Prominent downtown corner location with strong visibility and exposure
- Located near government offices, professional services, and downtown businesses
- Approximately 0.27 acres across two parcels
- Dedicated paved parking lot plus additional side parking
Executive Summary
Two-story split-level brick commercial building for sale on a prominent downtown intersection in St. James, MN, offering excellent visibility and corner exposure on one of the city's main routes. Property comes with parking lot included with ownership. In addition to the main, front entrance, there is also a side entrance with direct access to the attached parking lot, making it well suited for professional office, financial, or service-oriented users. The lower level is leased to an established local tenant, providing immediate in-place income. The upper level — recently remodeled with a reception area, lobby, conference room, kitchenette, and multiple private offices — is ready for an owner-user or new tenant. The building offers two furnaces and two A/C units (one recently replaced), a 2024 furnace replacement, joint water and electric service, and solid brick construction. Landscaping is maintained, and ownership has invested roughly $55,000 in recent improvements. A prior appraisal supported a higher value in a stronger market. A clean, low-maintenance corner asset with in-place income, immediate upside from the newly remodeled upper suite, and contract-for-deed financing available to qualified buyers.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,000 SF
Building Class
C
Year Built
1980
Price
$290,019 CAD
Price Per SF
$96.67 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.14 AC
Zoning
B-3 - B-3 – General Business District
Amenities
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,500 SF
- Office
- Outparcel
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,500 SF | Office | Outparcel | Now |
1st Floor
| Size |
| 1,500 SF |
| Space Use |
| Office |
| Position |
| Outparcel |
| Available |
| Now |
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $171,415 CAD | |
| Land Assessment | $26,947 CAD | Total Assessment | $198,361 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$26,947 CAD
Improvements Assessment
$171,415 CAD
Total Assessment
$198,361 CAD
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101 7th St S
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