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617 E Highway 12 832 SF Office Building Litchfield, MN 55355 $412,016 CAD ($495.21 CAD/SF)
Investment Highlights
- Located at a high-traffic, high-visibility intersection along Highway 12.
- Zoned Business/Commercial, allowing for a wide range of potential uses.
- Includes a remodeled office building, a rental residence, and additional land for future use.
- Direct highway frontage enhances access and long-term redevelopment potential.
Executive Summary
The site includes a newly remodeled office building, an additional rental home, and excess land that allows for future development or expansion. The combination of existing improvements and undeveloped land supports multiple business or investment strategies, including owner-occupancy with supplemental income or phased redevelopment.
Zoned Business/Commercial, the property supports a broad range of permitted uses, subject to municipal verification. Public utilities serve the site, and the parcel benefits from direct frontage on Highway 12, one of the city’s most traveled thoroughfares. Nearby businesses, restaurants, and service providers contribute to steady daytime activity in the immediate area.
Litchfield serves as the county seat of Meeker County and functions as a regional service hub, drawing consumers from surrounding rural communities. The property’s visibility, access, and flexible configuration make it suitable for professional office, service retail, or mixed-use investors seeking income with long-term upside.
Zoned Business/Commercial, the property supports a broad range of permitted uses, subject to municipal verification. Public utilities serve the site, and the parcel benefits from direct frontage on Highway 12, one of the city’s most traveled thoroughfares. Nearby businesses, restaurants, and service providers contribute to steady daytime activity in the immediate area.
Litchfield serves as the county seat of Meeker County and functions as a regional service hub, drawing consumers from surrounding rural communities. The property’s visibility, access, and flexible configuration make it suitable for professional office, service retail, or mixed-use investors seeking income with long-term upside.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
832 SF
Building Class
C
Year Built
1962
Price
$412,016 CAD
Price Per SF
$495.21 CAD
Building Height
1 Story
Typical Floor Size
832 SF
Building FAR
0.05
Lot Size
0.37 AC
Opportunity Zone
Yes
Parking
8 Spaces (9.62 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $223,822 CAD | |
| Land Assessment | $103,662 CAD | Total Assessment | $327,485 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$103,662 CAD
Improvements Assessment
$223,822 CAD
Total Assessment
$327,485 CAD
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Presented by
Riverwood Realty
617 E Highway 12
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