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667 Prentice St 2,142 SF Retail Building Granite Falls, MN 56241 $187,649 CAD ($87.60 CAD/SF)



INVESTMENT HIGHLIGHTS
- Downtown
- Option to add a back patio with a view of the River
- Fully renovated
EXECUTIVE SUMMARY
Fully renovated building - Recently an Ice Cream, sandwich shop! This would make a great breakfast diner or evening bar. Tables and chairs included. Great location - downtown Granite Falls. Commercial kitchen equipment - request list. New furnace, A/C, plumbing, 2 ADA compliant bathrooms, Office space, front dining and back private dining room. A few small tables can be placed outside in front. The back of the building faces the MN River and there is a large back parking lot owned by the city. Full basement for storage. Bring your great ideas, and start your business in a building that is ready for you!
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$2,232
|
$1.04
|
| Operating Expenses |
$5,660
|
$2.64
|
| Total Expenses |
$7,892
|
$3.68
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $2,232 |
| Annual Per SF | $1.04 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $5,660 |
| Annual Per SF | $2.64 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $7,892 |
| Annual Per SF | $3.68 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,142 SF
Building Class
C
Year Built/Renovated
1900/2021
Price
$187,649 CAD
Price Per SF
$87.60 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.74
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
2 Spaces (0.93 Spaces per 1,000 SF Leased)
Frontage
26’ on Prentice St
AMENITIES
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 34-300-1505 | Total Assessment | $85,559 CAD (2025) |
| Land Assessment | $10,000 CAD (2025) | Annual Taxes | $2,232 CAD ($1.04 CAD/SF) |
| Improvements Assessment | $75,559 CAD (2025) | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
34-300-1505
Land Assessment
$10,000 CAD (2025)
Improvements Assessment
$75,559 CAD (2025)
Total Assessment
$85,559 CAD (2025)
Annual Taxes
$2,232 CAD ($1.04 CAD/SF)
Tax Year
2024 Payable 2024
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667 Prentice St
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