Office Building For Sale — 116 W Broadway, Climax MN

Property Overview

Office Space

Well-maintained professional office building with flexible layout suitable for multiple uses.

Downtown Location

Prime Main Street frontage on W Broadway in Climax. High visibility and easy access.

Turnkey Ready

Move-in ready condition. Ideal for professional services, medical office, agency, or co-working.

Investment Opportunity

Solid small-town commercial asset with strong fundamentals and low operating costs.

Recent Improvements

Updates made since current ownership — move-in ready and well-maintained.

Power Line Safety

Removed a tree that had grown into the overhead power lines — eliminating a safety hazard and preventing future utility issues.

Updated Bathrooms

Both restrooms upgraded with modern toilet fixtures — clean, functional, and ready for immediate occupancy.

New Carpet — Suite B

All of Suite B carpeted with new 2024 carpet. Fresh, professional finish throughout the entire smaller suite.

Ventilation Caps Replaced

Both roof whirlybird ventilation caps replaced with new units — proper airflow maintained, no deferred maintenance.

Photo Gallery

11 photos of the building interior and exterior — all complete.

Exterior

Front exterior — brick veneer facade with peaked gable roof

Rear exterior of 116 W Broadway showing cement brick painted exterior, propane tank, and Climax water tower in background

Rear exterior — cement brick, propane tank, Climax water tower

Suite A — Larger Suite

Front entryway and vestibule

Suite A large open interior space viewed from the front entrance

Open interior from front entrance

Suite A interior viewed from the back looking toward the front

Interior from the back looking forward

2016 Trane furnace installed by Grove Mechanical in Suite A

2016 Trane furnace (Grove Mechanical)

Historic Halls Safe and Lock Co vault from the credit union era, door disabled for safety

Historic Halls Safe & Lock Co vault (credit union era, disabled)

Suite B — Smaller Suite with Sublet Potential

Suite B main open area with new 2024 carpet

Main open area — new 2024 carpet

Private office room

Suite B back hallway leading to bathroom

Back hallway with bathroom

Separate front entrance

Property Details

Building Details
Year Built	1960
Building Size	1,496 sq ft
Building Footprint	~44' × 34'
Stories	Single story (no basement)
Construction	Concrete block with brick veneer
Foundation	8" concrete
Roof	Asphalt shingle on wood deck
HVAC	Central AC + 2016 Trane furnace
Land & Location
Address	116 W Broadway, Climax MN 56523
Lot Size	5,250 sq ft (0.121 acres)
Lot Dimensions	37.5' × 140'
Street	Paved (W Broadway / Hwy 220)
Utilities	City water and sewer
Zoning	Commercial
Parcel ID	81.00078.00
Legal Description	Original Townsite Climax City, Lot 011, Block 003
Financial
Assessed Value	$33,200 (2025 certified)
Annual Property Tax	~$1,012 (2026)
Price	$35,000
Interior & Features
Interior Finishes	Drywall walls, suspended drop ceiling, carpet flooring
Plumbing	2 bathrooms (one per suite)
Suite Configuration	Suite A (larger) + Suite B (smaller, sublet potential)
Suite B Features	New 2024 carpet, own bathroom and entrance
Historic Feature	Original credit union vault (Halls Safe & Lock Co, Minneapolis)
Property Status
Property Type	Commercial Office
Condition	Turnkey / Move-in Ready
Parking	On-site

Property data verified with Polk County Assessor records (2025 assessment). Buyers should independently verify all information with the county and conduct professional inspections.

Material Disclosure — Asbestos Floor Tiles

This building, constructed in 1960, contains original asbestos floor tiles — a common feature in commercial buildings of this era. The tiles are properly sealed throughout: covered by carpet in all occupied spaces, and in near-perfect, undisturbed condition in the safe room.

Asbestos floor tiles in sealed, undisturbed condition pose no health hazard. Fibers are released only if tiles are pulled up dry and ground into powder — conditions not present here. Carpet serves as a legal and proper sealant. Prospective buyers should consult a licensed inspector and follow applicable state and local regulations prior to any renovation work.

Interested? Let's Talk.

Asking $35,000 — schedule a showing or reach out with questions. I'm happy to provide additional details, financials, or walk you through the property.

116 W Broadway