113 Central Avenue S, Lancaster, MN 56735 (MLS# 7132265)

113 Central Avenue S, Lancaster, MN 56735

$144,500
Property Type: Commercial Baths: 1 Square Footage: 768 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $144,500 List Date: 8/24/2026 Last Modified: 8/27/2026

Overview

Description

This block and brick building has been and is leased by the US Postal Service. The current lease is in effect through July 31, 2027 and has been renewed/extended through July 31, 2032. Succeeding 5-year lease options are in place through July 31, 2042. The property owner is responsible for building maintenance/repair, taxes, and insurance on the structure. The postal department is responsible for utilities, fuel, lawncare and snow removal. Qualified buyers are able to review the lease agreement with a signed non-disclosure agreement. The opportunity to own a USPS is a rare occurrence. Call an agent today!

Listing Details MLS# 7132265

General Property Information

Lot Measurement
Acres
Management Company Name
KADS Properties LLC
Multiple PIDs?
No
Other Parking Spaces
3
Owner Occupied
No
Waterfront YN
No
Year Built
1962
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
768
For Sale or Lease
For Sale
Acres
0.08
Lot Dimensions
25x130
Assessment Pending
No

Property Features

Accessible: Fully Wheelchair Air Conditioning: Central Air Basement: None CMU Style: Business Opportunity Construction Materials: Block; Brick; Concrete Construction Status: Previously Owned Current Use: Other Exterior: Brick/Stone Foundation: Poured Concrete Fuel: Propane Heating: Forced Air Loan Terms: Cash; Conventional Location Description: Downtown On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Owner Pays: Insurance; Maintenance/Repair Parking Characteristics: Gravel Lot; Uncovered/Open Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Flat; Rubber Sewer: City Sewer/Connected Stories: One Tenant Pays: All Utilities; Gas; Grounds Care; Hot Water; Janitorial Service; Lawn; Sewer; Snow Removal; Water Topography: Level Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
144500
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
113
Street Name
Central
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Lancaster
County
Kittson
State
MN
Zip Code
56735
Complex/Dev/Subdivision
Orig Lancaster

Assessments

Tax With Assessments
1268

Basement

Foundation Dimensions
24x32

More Information

Building Information

Building Finished SqFt
768
Building SqFt
768

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building, Leases

Unit 1

Unit Number
Yes
Monthly Rent
925
Half Baths
Yes
Total Bathrooms
Yes
Total Rooms
4
Level
Main Level
Unit Total SqFt
768
Leased?
Yes
Lease Expiration Date
2027-07-31

Unit Details

Total Units
Yes
IDX
Listing Office: Nordin Realty Inc.
Last Updated: August - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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