101 S Main Street Pine Island, MN ^$ 249,000

101 S Main Street

^$ 249,000

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101 S Main Street

Pine Island, MN, 55963

^$ 249,000

Bedrooms-- Baths3.0

Monthly Estimate*

^$ 1,720

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Commercial Property for sale in Pine Island, MN

for $249,000 with 3 full baths. This building was built in 1960 on a lot size of 0.2.

Prime downtown commercial opportunity with excellent Main Street frontage and strong visibility. This well-located property is currently occupied by three established tenants, including a hairstyling salon, insurance office, and cleaning company, offering immediate income potential and a diverse tenant mix. Excellent exposure, convenient access, and a highly desirable downtown location make this a standout investment opportunity.

Commercial Active

Price

^$ 249,000

Full Bath

Property Type

Commercial

Taxes

^$ 7,358

Style

Lot Size

0.2

Year Built

1960

Town/City

Pine Island

County/Region

Goodhue

MLS | Web ID

7082131

Features

General

Sewer City Sewer/Connected

Heating Boiler Forced Air

Cooling Central Air

Utilities Electric Separate

Roof Asphalt

Garage Spaces 0

Year Built 1960

Levels Two

Tax Year 2025

Current Use Beauty/Barber Shop Office Professional Service

Gross Income 31920

Accessibility Partially Wheelchair Wheelchair Ramp(s)

County Goodhue

Net Operating Income 27920

Operating Expense 4000

New Construction N

Property Type Commercial Sale

Contingency None

Subdivision Name Pine Island

Directions East side of Main Street.

City Pine Island

High School District Pine Island

Zoning Description Business/Commercial

Number Of Units Total 3

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 7358

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Partially Finished Walkout

Basement (Y/N) Y

Total Bedrooms 0

Total Baths 3

Fuel Natural Gas

Exterior

Parking Features Concrete Parking Lot

Water Source City Water/Connected

Inclusions Building Land Leases

Lot Size Area 0.2

Lot Dimensions 70x124

Waterfront Y/N N

Foundation Area 1773

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 101

* Excluded Features

List By

Real Broker, Llc.

Broker

randyhoffarth@gmail.com

Affordability Calculator

$2,333

Per Month

Monthly Principal & Interest: $1,720
Monthly Property Taxes: $613
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Pine Island, MN

Average List Price ^$147,167

Percent of Sale Price 41%

About Pine Island, MN

3,358 Population

21% Since 2002

^$65,276 Median Income

40.41 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708794 Elementary School

709098 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/28/2026	$249,000	-3.86%	Price Down
6/23/2026	$259,000	-3.72%	Price Down
5/29/2026	$269,000		Listed Price

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101 S Main Street, Pine Island, MN, 55963 is a Commercial Property for sale at $249,000 with a lot size of 0.2. 101 S Main Street has 3.0 baths and was built in 1960. The property's zip code is 55963 which is in Pine Island, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/16/2026.

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101 S Main Street

Commercial Property for sale in Pine Island, MN

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