For Sale: Park Rapids MLS# 6023499
Active
$350,000
Commercial: Apartments/Retail
Built 1950
0.4 acres
Park Rapids schools
MLS# 6023499
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Property Description
Great river view to this live/work property, 2019 traffic count estimate: 15, 900 VPD. Picture window in main dining room has great view of the Fish Hook River! Over 6, 000 total square feet. 4, 900 sq main level with commercial kitchen, bar and two large dining areas. Mix use, with a 2-bedroom apartment above. Plenty of square footage with potential for bar, restaurant, retail and/or office space. Ample free parking. The restaurant needs updating.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$350,000
Property Type:
Commercial
City:
Park Rapids
Garage Spaces:
0
County:
Hubbard
Year Built:
1950
State:
MN
Property Style:
Apartments/Retail
Zip Code:
56470
Subdivision Name:
Riverside Add
Interior
Ranges:
One
Refrigerators:
Two
Basement Details:
- Full
- Partially Finished
Exterior
Garage Spaces:
0
Garage Dimensions:
0
Other Parking Spaces:
20
Air Conditioning:
Central Air
Foundation Size:
5,300 ft2
Foundation Dimensions:
53x100
Handicap Accessible:
Grab Bars In Bathroom, No Stairs Internal, Partially Wheelchair
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Open
Road Frontage:
City Street
Exterior Material:
Log Siding
Roof Details:
- Age Over 8 Years
- Composition
- Flat
- Other
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Fish Hook
Waterfront View:
River
DNR Lake ID#:
29024200
WF Frontage:
122
Lake Chain Name:
N
Lake Acres:
1642
Lake Depth:
76
Waterfront:
River Front
Lot & Land
Acres:
0.4
Geolocation:
46.9220975774, -95.0515688188
Inclusions:
Building, Land
Lot Dimensions:
92 x 60, 100 x 114
Addl Parcels:
324403400
Zoning:
- Business/Commercial
- Residential-Single Family
Lot Description:
- Corner Lot
- Tree Coverage - Light
Schools
School District:
309
District Phone:
218-237-6500
Expenses
Tenant Expenses:
Electricity, Fuel, Insurance, Janitorial Service, Repairs, Snow Removal, Taxes, Trash Collection
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$7,152
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$8,182
Land Lease Amount:
0
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Current Use:
- Bar/Tavern
- Commercial
- Food Service
- Restaurant
- Retail
Fuel System:
- Electric
- Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Heating Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.