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Active
Listed
$329,900
/mo   Edit
MLS# 5496379
Commercial
Built 2003
1.74 acres
Willow River schools
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    Description:   Location! Location!, Move your business to this location plus get some rental income. Built in 2004 with 3200 finished square feet, this building has 3 separate offices, separate utilities, commons area, forced air heat, central air, one level, handicap accessible, security system throughout, patio, paved parking lot, compliant septic, drilled well, on site freeway bill board and an onsite 30 foot tall freeway advertising sign that includes a 2 X 12 foot electronic message display. Plus you will have 477 feet of I-35 frontage with an annual average of 16300 vehicles passing by daily. Great Condition. Sitting on 1.74 Acres and is located on the SE quadrant of I-35 and the Sturgeon Lake exit next to Doc's Sports Bar and Grill. “2019 Cap Rate 5.25”
    List Price: $329,900
    Sold Date: 0000-00-00
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Office
    Year Built: 2003
    City: Sturgeon Lake
    County: Pine
    State: MN
    Zip Code: 55783

    Interior

    Building Fin Sq Ft: 3,200 ft²
    Basement Details: None

    Exterior

    Air Conditioning: Central Air
    Heating System: Forced Air
    Foundation Size: 3,200 ft²
    Road Frontage: Township
    Handicap Accessible: No Stairs Internal, No Stairs External, Doors 36"+, Hallways 42"+, Door Lever Handles, Fully Wheelchair
    Exterior Material: Fiber Cement
    Garage Spaces: 0
    Other Parking Spaces: 10
    Roof Details: Asphalt

    Lot

    Acres: 1.74
    Lot Description: Irregular Lot, Tree Coverage - Light, Underground Utilities
    Latitude: 46.37278799
    Longitude: -92.78985565
    Lot Size Dim.: 477 X 406 X 66 X 300
    Zoning: Business/Commercial

    Schools

    School District: 577
    District Phone: 218-372-3131

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $6,330
    Assessment Pending: No
    Taxes w/ Assessments: $6,338

    Income

    Annual Gross Income: $30,000

    Rent

    Annual Net Income: $17,347

    Unit

    Total Rooms in Unit 1: 0
    Total Rooms in Unit 2: 0
    Total Rooms in Unit 3: 0
    Total Units: 3
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Professional/Office
    Fuel System: Propane
    Owner Occupied: Yes
    Sale Includes: Building, Land
    Sewer System: Tank with Drainage Field
    Available Utilities: Electric Separate
    Utilities: Electric Separate
    Water System: Well

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    Get to know our Home Mortgage Professionals

    Jason
    Roaldson
    CrossCountry
    Justin
    Larson
    Movement
    Jeff
    Zajac
    TruStone
    Jason Roaldson
    Premier Loan Officer
    CrossCountry Mortgage NMLS#308253
    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.
    612.268.1503

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    Listing provided by RMLS, courtesy of Majestic Pine Realty, Inc..
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