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MLS# 5496379
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
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 2003
    City: Sturgeon Lake
    County: Pine
    State: MN
    Zip Code: 55783


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


    Air Conditioning: Central
    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: Cement Board
    Garage Spaces: 0
    Other Parking Spaces: 10
    Roof Details: Asphalt Shingles


    Acres: 1.74
    Lot Description: Irregular Lot, Tree Coverage - Light, Underground Utilities
    Latitude: 46.37278800
    Longitude: -92.78985600
    Lot Size Dim.: 477 X 406 X 66 X 300
    Zoning: Business/Commercial


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

    Financial & Taxes

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


    Annual Gross Income: 30000.00


    Annual Net Income: $17,347


    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


    Current Use: Business Service
    Fuel System: Propane
    Owner Occupied: Y
    Sale Includes: Building, Land
    Sewer System: Tank with Drainage Field
    Utilities: Electric Separate
    Water System: Well

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    Get to know our Home Mortgage Professionals

    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.

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