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Sold
$237,500  (list price)
$210,000
/mo Edit
Commercial:  Other
Built 1995
Park Rapids schools
MLS# 5237747
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    Property Description

    Excellent income investment. Prime Highway 34 East location with large double corner lot, room for expansion and excellent parking. Building recently updated with new roofing, flooring, paint, entrance doors, bathroom fixtures, LED lighting & on demand water heater. Excellent rental history with built in renters. Offices, conference room, reception areas plus. Building has built in renters for instant income. Also available is a Digital LED Commercial changeable sign for great Highway exposure. Seller is a licensed real estate agent in Minnesota.

    Listing

    Contingency: None
    City: Park Rapids
    County: Hubbard
    State: MN
    Property Style: Other
    Zip Code: 56470

    Interior

    Finished Building Area: 2,688 ft2

    Exterior

    Garage Spaces: 1
    Garage Dimensions: 14 x 26
    Garage Size: 364 ft2
    Other Parking Spaces: 15
    Air Conditioning: Central Air
    Foundation Size: 1,344 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Open
    • Other
    Exterior Material:
    • Block
    • Brick/Stone
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0
    Geolocation: 46.92204331, -95.05052448
    Inclusions: Building, Land, Other
    Lot Dimensions: 100 x 140
    Zoning: Business/Commercial

    Schools

    School District: 309
    District Phone: 218-237-6500

    Financial & Taxes

    Tax Year: 2022
    Annual Taxes: $5,630
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,498
    Land Lease Amount: 0

    Units

    Total Units: 10

    Miscellaneous

    Current Use:
    • Professional Service
    • Professional/Office
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Lakeplace.com - Park Rapids.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.