Former C-Store / Subway | Melrose, MN

For Sale

406 South 2nd Avenue East, Melrose, MN 56352

This Melrose property for sale is located at 406 South 2nd Avenue East. The current listed sale price for Former C-Store / Subway | Melrose, MN is $700,000. Former C-Store / Subway | Melrose, MN is situated on a lot that is 0.84 acre in size.

Contacts

broker
Brian Brisky

Brisky Net Lease

Property Details

  • Property Type Retail - Street Retail
  • Property Size 4,388 SF
  • Lot Size 0.84 Acre
  • Parking Spaces Avail. 24
  • Property Tenancy Multi-Tenant
  • Year Built 1987
  • Year Renovated 1999
  • Date Updated Aug 19, 2025
n/aDual 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.
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Getting around

  • 54/100

    Walk Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Melrose, MN
  • Zip Code 56352
  • Market Minneapolis St Paul

Points of Interest

  • Casey's General Store

    0.01 miles

  • Sinclair

    0.08 miles

  • Parking Lot, Christopher Kurilla WMA

    3.20 miles

  • Parking Lot, Sauk River WMA

    4.32 miles

  • Parking Lot, Ritter WMA

    4.56 miles

  • Parking Lot, Spirit Marsh WMA

    5.26 miles

  • Parking Lot, Daniel Shay WMA

    9.81 miles

  • Subway

    0.01 miles

  • Burger King

    0.10 miles

  • DQ Grill & Chill

    0.40 miles

  • McDonald's

    7.65 miles

  • Pizza Hut

    7.78 miles

  • Hardee's

    7.78 miles

  • Walmart Supercenter

    7.44 miles

  • Coborn's

    7.61 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brian Brisky

Brisky Net Lease

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