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    600 Park Avenue N

    Park Rapids, MN 56470
    • $179,900
    • STATUS: Active
    • ON SITE: 107 days
    • MLS #: 20-30565
    UPDATED: 35 min ago
    $179,900
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,500
      SQFT
    • $40
      $/SQFT
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    School District:

    Description

    Park Rapids commercial property located on Fishhook River. This great investment opportunity features 4500+ finished square feet yielding (3) sizeable rental suites. All of which are conducive for a variety of business models. Tenancy has been long-term (years) and income is consistent. Ideal for the passive investor. Current occupants include a loan company, beauty salon and a dance studio. The building has maintenance free siding, newer metal roof, natural gas furnaces, central air, city water/sewer, asphalt parking lot and secondary dirt parking area. Sits on 70ft of highly visible US HWY 71 (Park Ave.) frontage and 50ft on the river. Contract for deed option available.

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    © 2020 Lake Region Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or FM Team - Keller Williams Inspire Realty. Data last updated: 2020-09-24T06:44:47.887.
    www.fmrealestateteam.com/homes/106654597
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    600 Park Avenue N Park Rapids, MN 56470

    • Price: $179,900
    • Status: Active
    • Updated: 35 min ago
    • MLS #: 20-30565
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    4,500
    SQFT
    $40
    $/SQFT
    1950
    Built
    County:
    Hubbard
    School District:
    Park Rapids #309
    Property Description
    Park Rapids commercial property located on Fishhook River. This great investment opportunity features 4500+ finished square feet yielding (3) sizeable rental suites. All of which are conducive for a variety of business models. Tenancy has been long-term (years) and income is consistent. Ideal for the passive investor. Current occupants include a loan company, beauty salon and a dance studio. The building has maintenance free siding, newer metal roof, natural gas furnaces, central air, city water/sewer, asphalt parking lot and secondary dirt parking area. Sits on 70ft of highly visible US HWY 71 (Park Ave.) frontage and 50ft on the river. Contract for deed option available.
    Exterior Features

    Approximate Lot Dimensions 70Xirreg Construction Frame/Wood Exterior Vinyl Siding Foundation Size 4500 Lake Acres 0.00 Lake Chain No Lake Class River Lake Maximum Depth 0 Overhead Doors 0 Parking Characteristics Other Parking Spaces 20.00 Road Between Water And Home No Road Frontage City Street Roof Metal Water Access River Waterfront Yes Waterfront Frontage 50.00 Waterfront Name Fish Hook

    Interior Features

    Air Conditioning Central Current Use Beauty/Barber ShopBusiness ServiceProfessional Service Heat Forced Air Total Sq Ft 4500

    Property Features

    Assessments No Commercial Type Business For Sale Or Lease For Sale Fuel Natural Gas In Foreclosure No Lender Owned No Owner Is Agent No Potential Short Sale No Sale Includes BuildingLandLeases Tax Amount 4578.00 Tax Classification Non-Homestead Tax Year 2020 Taxes With Assessments 4990.00 Terms CashContract For DeedConventional Water City

    Listing information © 2020 Lake Region Association of Realtors MLS
    Listing provided courtesy of Jack J Brann of Affinity Real Estate Inc.



    © 2020 Lake Region Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or FM Team - Keller Williams Inspire Realty. Data last updated: 2020-09-24T06:44:47.887.
     
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