Former C-Store / Subway | Melrose, MN
$700,000
406 South 2nd Avenue East, Melrose, MN 56352
For Sale
Retail
Street Retail
Active
Last Updated: 08/19/2025
4,388 sqft
Building Size
0.84 acres
Lot Area
Details:
Building Size: 4,388 sqft
Lot Area: 0.84 acres
Occupancy: 25.1%
Year Built: 1987
Parking Spots: 24
Description:
Dual Build-Out with Drive-Thru:
Flexible configuration supports a variety of future uses.
Excellent Access & Circulation:
Five points of ingress/egress allow for smooth traffic flow and customer convenience.
Strategic Location:
Positioned to capture traffic from Melrose’s residential neighborhoods heading south toward I-94.
Supplemental Rental Income:
Existing Subway tenancy provides ongoing income.
Strong Market Fundamentals:
Retail submarket vacancy at just 3.9% with no current construction, supporting long-term stability.
Healthy Retail Market:
Low 3.9% vacancy rate with no new retail development underway, creating a stable and competitive environment.
n/a
Documents:
| Title | ||
|---|---|---|
| _Subway___Melrose__MN_OM.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
