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Active
$2,300,000
/mo Edit
Commercial:  Retail/Shopping Center
Built 1950
1.03 acres
Brainerd schools
MLS# 6647176
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    Property Description

    Discover an exceptional investment opportunity with this prime strip center, located at a high-visibility, stoplight-controlled intersection in Brainerd. Oak Place is a well-maintained, multi-tenant building boasting 90% occupancy, offering immediate income potential. Tenants enjoy excellent access and high traffic flow, with the added benefit of being within walking distance of downtown businesses, restaurants, parks, and more. This is your chance to acquire a highly sought-after property in a bustling area, ensuring a solid return on investment while becoming part of Brainerdâ??s vibrant community!

    Listing

    Contingency: None
    City: Brainerd
    County: Crow Wing
    State: MN
    Property Style: Retail/Shopping Center
    Zip Code: 56401
    Subdivision Name: Town Of Brainerd & First Add Bra

    Interior

    Ceiling Height: 8-10

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 56
    Air Conditioning: Central Air
    Foundation Size: 12,912 ft2
    Handicap Accessible: No Stairs External, No Stairs Internal
    Heating System: Forced Air
    Parking Features:
    • Open
    • Paved
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Stucco
    Roof Details: Flat

    Lot & Land

    Acres: 1.03
    Geolocation: 46.352968, -94.200225
    Inclusions: Building, Land, Leases
    Lot Dimensions: 300 x 150
    Addl Parcels: 41241040
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Farm

    Topography: Level

    Schools

    School District: 181
    District Phone: 218-454-6900

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $19,412
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $19,412

    Units

    Total Units: 8

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Professional Service
    • Professional/Office
    • Retail
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Close-Converse Commercial Prop.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.