For Sale: Sauk Rapids MLS# 6624086
Active
$495,000
Commercial: Office,Retail
Built 1950
0.18 acres
Sauk Rapids-Rice schools
MLS# 6624086
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Property Description
Welcome to 111 Division Street, a remarkable commercial building located in the heart of Sauk Rapids. This property presents an exceptional opportunity for entrepreneurs, business owners, and investors looking to establish or expand their presence in a thriving community. Its prime location on Division Street offers excellent visibility and easy access, ensuring maximum exposure for any business venture.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$495,000
Property Type:
Commercial
City:
Sauk Rapids
Garage Spaces:
0
County:
Benton
Year Built:
1950
State:
MN
Property Style:
Office, Retail
Zip Code:
56379
Subdivision Name:
Town Of Sauk Rapids
Interior
Basement Details:
- Block
- Full
Exterior
Garage Spaces:
0
Other Parking Spaces:
4
Air Conditioning:
Central Air
Foundation Size:
6,500 ft2
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- On-Street Parking Only
- Other
- Parking Lot
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
Flat
Lot & Land
Acres:
0.18
Geolocation:
45.589766, -94.165555
Inclusions:
Building, Other
Lot Dimensions:
8000
Zoning:
Business/Commercial
Schools
School District:
47
District Phone:
320-253-4703
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$7,200
Annual Fuel Expense:
$7,200
Annual Insurance Expense:
$2,500
Annual Gross Expense:
$24,000
Annual Trash Expense:
$400
Annual Water/Sewer Expense:
$1,000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,700
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,850
Income
Annual Gross Income:
$80,400
Rent
Annual Net Income:
$56,400
Units
Total Units:
10
Miscellaneous
Current Use:
Professional/Office
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of RE/MAX Results.
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.