$144,500
Lancaster, MN 56735
MLS# 7132265
1 baths | 768 sqft
1 / 9
Property 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!
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $144,500
Contingency: None
ListPrice: 144500
List Date: 2026-08-24
Office/Member Info
Association: NWMAR
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
Lot Dimensions: 25x130
Acres: 0.08
Foundation Size: 768
Garage Stalls: 0
For Sale or Lease: For Sale
Assessment Pending: No
Baths Total: 1
Location, Tax and Other Information
Legal Description: ORIG LANCASTER LOT-013 BLOCK-003
Listing City: Lancaster
Map Page: 999
Municipality: Lancaster
School District: Lancaster
School District Phone: 218-762-5400
Zip Plus 4: 9514
Property ID Number: 380024200
Tax Year: 2026
Tax Amount: 1268
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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!
Directions: In Lancaster: East side of the business district on Central Avenue S. Sign posted in USPS window.
Accessible
Fully Wheelchair: 1
Air Conditioning
Central Air: 1
Assessments
Assessment Balance: 0
Assessment Installment: 0
Tax With Assessments: 1268
Basement
Foundation Dimensions: 24x32
None: 1
Building Information
Building Finished SqFt: 768
Building SqFt: 768
Construction Materials
Block: 1
Brick: 1
Concrete: 1
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Foundation
Poured Concrete: 1
Fuel
Propane: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Owner Pays
Insurance: 1
Maintenance/Repair: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Gravel Lot: 1
Uncovered/Open: 1
Road Frontage
City Street: 1
Road Responsibility
Public Maintained Road: 1
Roof
Flat: 1
Rubber: 1
Sale Options
Sale Includes: Building, Leases
Sewer
City Sewer/Connected: 1
Stories
One: 1
Topography
Level: 1
Unit 1
Lease Expiration Date: 2027-07-31
Leased?: Yes
Level: Main Level
Unit Number: 1
Monthly Rent: 925
Half Baths: 1
Total Bathrooms: 1
Total Rooms: 4
Unit Total SqFt: 768
Unit Details
Total Units: 1
Water
City Water/Connected: 1
Tenant Pays
All Utilities: 1
Gas: 1
Grounds Care: 1
Hot Water: 1
Janitorial Service: 1
Lawn: 1
Sewer: 1
Snow Removal: 1
Water: 1
On Site Utilities
Electric Separate: 1
Heating Separate: 1
Hot Water Separate: 1
CMU Style
Business Opportunity: 1
Current Use
Other: 1
Loan Terms
Cash: 1
Conventional: 1
Location Description
Downtown: 1
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
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
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.