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305 Main St 2,930 SF 100% Leased Retail Building Henderson, MN 56044 $341,763 CAD ($116.64 CAD/SF)
Investment Highlights
- Main Street location
- Open layout for endless future possibilities
- Room for future expansion on backside of building
Executive Summary
Exceptional opportunity in downtown Henderson! This well-maintained two-story commercial building, built in 2006, features a main level commercial space(currently a fitness center) and an upper-level 1-bedroom apartment. The main floor offers an open layout ideal for fitness, retail, or office use, with large display windows, restroom, and excellent street visibility. The Second-story 1 bedroom apartment includes a full kitchen, bath, and private entrance-perfect for owner occupancy or rental income. Off-street parking, rear access, and great exposure along Main Street. Prime live/work or investment property in the heart of Henderson's historic downtown district.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$22,966
|
$7.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$22,966
|
$7.84
|
| Taxes |
$7,703
|
$2.63
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,703
|
$2.63
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $22,966 |
| Annual Per SF | $7.84 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $22,966 |
| Annual Per SF | $7.84 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,703 |
| Annual Per SF | $2.63 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $7,703 |
| Annual Per SF | $2.63 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,930 SF
Building Class
C
Year Built
2006
Price
$341,763 CAD
Price Per SF
$116.64 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.56
Lot Size
0.12 AC
Frontage
28’ on Main St.
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Jessenland Health & Fitness
- Health Care and Social Assistance
- 1,886 SF
- -
- -
- Residental
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Jessenland Health & Fitness | Health Care and Social Assistance | 1,886 SF | - | - | ||
| Residental | - | - | - | - |
Property Taxes
| Parcel Number | 35.0039.010 | Total Assessment | $360,670 CAD |
| Land Assessment | $33,855 CAD | Annual Taxes | $7,703 CAD ($2.63 CAD/SF) |
| Improvements Assessment | $326,815 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
35.0039.010
Land Assessment
$33,855 CAD
Improvements Assessment
$326,815 CAD
Total Assessment
$360,670 CAD
Annual Taxes
$7,703 CAD ($2.63 CAD/SF)
Tax Year
2025
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305 Main St
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