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For Sale:  Pequot Lakes MLS# 6550832

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Active
$257,900
/mo Edit
Commercial:  Office
Built 1980
0.09 acres
Pequot Lakes schools
MLS# 6550832
763-576-8286
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    Property Description

    Potential for assumable C4D option for the right buyer! 4.5% for another 4 years. Prime investment opportunity in a dual-tenant office building. One unit is already leased, leaving a perfect space available for your business or for rental income. Situated just off Main Street in Pequot Lakes, this location offers excellent visibility, high traffic flow from the 4-way stop at Main & Rasmussen, and convenient access. The area attracts both locals and tourists who come for shopping and services, making it an ideal spot to expand your business.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $257,900
    Property Type: Commercial
    City: Pequot Lakes
    Garage Spaces: 0
    County: Crow Wing
    Year Built: 1980
    State: MN
    Property Style: Office
    Zip Code: 56472
    Subdivision Name: Coles Of Pequot

    Interior

    Ceiling Height: 8-10

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 8
    Air Conditioning: Central Air
    Foundation Size: 1,824 ft2
    Handicap Accessible: No Stairs External, No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Parking Features: Open
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Log Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.09
    Geolocation: 46.602484, -94.310248
    Inclusions: Building
    Lot Dimensions: 50 x 80
    Zoning: Business/Commercial

    Farm

    Topography: Level

    Schools

    School District: 186
    District Phone: 218-568-4996

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,501
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,526

    Income

    Annual Gross Income: $26,520

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Professional Service
    • Vacant
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    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

    Listing provided by RMLS, courtesy of Real Broker, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.