For Lease, For Sale $359,000.00 - Price | $2,000/Month - Lease Rate
This downtown corner property pairs a distinctive former bank building with an additional 30,000 square feet of vacant commercial land, creating opportunities for an owner-occupant, investor, or future development. The building retains three original working vaults and offers flexible main-level retail or workspace, two restrooms, and an unfinished basement for storage or potential future use. Improvements completed over the past six years include new flooring, roof, AC unit, kitchen area, plumbing, electrical systems, and interior finishes. CCTV cameras and keyless entry add convenience and security. Set on one of Pillager’s most recognizable corners, the property offers strong visibility and convenient access in the heart of downtown. Use the existing building for retail, office, studio, or specialty business space while exploring the possibilities of the additional land.
- Purchase Price: $359,000.00
- Lease Price (Month): $2,000/Month
- Directions: From Hwy 210 / River Street Intersection - South on River Street S - Property is the SE corner of River Street S and Cedar Ave E
- Building Size Total (Sq. Ft): 1,095
- Building Size Main (Sq. Ft): 1,095
- Lot Size (Sq. Ft): 32,500
- Lot Size (Acres): 0.75
- Lot Dimensions: 25’ x 300’ x 150’ x 200’ x 125’ x 100’
- Road Frontage: 25’ on Cedar Ave E, 300’ on River St S, and 150’ on Daisy Ave E
- Lease Size Total (Sq. Ft): 1,095
- Lease Size Main (Sq. Ft): 1,095
- Lease Type: Triple Net
- Terms of lease: Lease Rate is for Building Only. Tenant Pays Property Taxes, Insurance & Maintenance.
- Property Tax Year: 2026
- Annual Property Tax: $2,200.00
- Property Features / Assets: Appliances: Refrigerated Water Bottle Filler; Kitchen with Custom Cabinets & Induction Flat-Top - Plumbed for Dishwasher and Undercounter Fridge with Icemaker; Washer/Dryer Hook-Up in the Basement. Windows: Top Down - Bottom Up Window Treatments. Flooring: New in 2019. Ceiling: Original Tin. Vaults: 3 (2 on Main Level, 1 in Basement).
- Water: City
- Sewer: City
- Heating: Natural Gas Forced Air
- Cooling: Central Air - Electric Roof-Top Unit (New 2019)
- Electric – Amps: 200
- Electric – Phase: Single
- Lighting: LED Interior, Dusk to Dawn Exterior
- Year Built: Unkown
- Year Remodeled: 2020
- Construction: Concrete Block
- Foundation: Concrete Block
- Roof: Rubber Membrane (New 2019)
- Exterior: Brick & Stone
- Ceiling Height: 10’ and 11’-7”
- Bathrooms: 2 (Both Remodeled in 2019, 1 ADA Compliant)
- Security: Security System (with Low Temp Alarm Enabled); CCTV (1 front camera, 1 rear camera, 1 interior camera); Keyless Entry on Back Door.
- Parking Spaces: On-Street Parking (ADA Ramp in Rear)
- Neighboring Businesses: Located in downtown Pillager, nearby businesses include From Hair to There, Horizon Plumbing & Heating, KC’s Saloon, USPS, Bjerga’s Cafe, Redefyne Mental Health, CTC, Pillager Car Wash, Pine River State Bank, Manion Lumber & Truss, Pillager Auto Sales, Dollar General, plus numerous others.
- Traffic Counts: 3,450 (2019) - 4,650 (2019) on River St S and 6,567 (2022) on Hwy 210
- MLS #: S7030363; L7030378
- CC File #: 1817
- PID#: 93-340-0230, 93-340-0235, 93-340-0240 & 93-340-0245
- Legal Description: W 25’ of Lots 4 & 5 plus all of Lots 6-9, Block 2, Bacon’s Addition to Pillager






















