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For Sale:  Park Rapids MLS# 6762343

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Active
$269,900
/mo Edit
Commercial:  Apartments/Retail
Built 1938
0.08 acres
Park Rapids schools
MLS# 6762343
763-576-8286
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    Property Description

    Prime commercial building with built in rental income! This well maintained commercial building is located right in the heart of Main Avenue in Park Rapids, a high visibility, this high traffic area perfect for long term investment! Situated in the center of Main Avenue, surrounded by thriving local businesses, restaurants, shops and foot traffic. The building has an apartment above and a full basement below!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $269,900
    Property Type: Commercial
    City: Park Rapids
    Garage Spaces: 0
    County: Hubbard
    Year Built: 1938
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 56470
    Subdivision Name: Town/Pk Rapids

    Interior

    Ranges: One
    Refrigerators: One
    Appliances Included:
    • Electric Water Heater
    • Range
    • Refrigerator
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 1,750 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Unit Amenities:
    • Cable
    • Ceiling Fan(s)
    • City View
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Shake Siding
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.08
    Geolocation: 46.920737, -95.060433
    Inclusions: Building
    Lot Dimensions: 50 x 140
    Zoning: Business/Commercial

    Schools

    School District: 309
    District Phone: 218-237-6500

    Expenses

    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,446
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $3,388

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Retail
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Coldwell Banker Crown Realtors.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.