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Active
$440,000
/mo Edit
Commercial:  Business,Office,Other,Retail
Built 1996
0.25 acres
Frazee-Vergas schools
MLS# 6511357
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    Property Description

    Seller offering $10, 000 credit towards buyer's closing costs. Great Commercial Investment Opportunity! Over 8, 000 SF of commercial space built in 1996 in downtown Frazee, MN! Current Rental income with plenty of value add. 2, 000 SF unfinished that would make a great indoor self storage/heated area. Energy efficient and durable with little to no maintenance. Newer natural gas / forced air furnace.

    Listing

    Contingency: None
    City: Frazee
    County: Becker
    State: MN
    Property Style: Business, Office, Other, Retail
    Zip Code: 56544
    Subdivision Name: Frazee

    Interior

    Basement Details: Slab

    Exterior

    Stories: One
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 8,280 ft2
    Handicap Accessible: Doors 36"+
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Other
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Steel Siding
    Roof Details:
    • Metal
    • Pitched

    Lot & Land

    Acres: 0.25
    Geolocation: 46.728287, -95.700862
    Inclusions: Building, Leases
    Lot Dimensions: 140 x 77
    Zoning: Business/Commercial

    Schools

    School District: 23
    District Phone: 218-334-3181

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $2,122
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,122

    Units

    Total Units: 4

    Miscellaneous

    Current Use: Other
    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

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    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 The Real Estate Company of Detroit Lakes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.