Investment Opportunity with this Park Rapids unique and nostalgic commercial property on the corner of Main Street and 2nd Ave, which boasts 3,450 sq feet of rental space and great parking. As you enter the main level you will feel the care and beauty that this building possesses. Rental history has been great with retail on the main level, bathroom facilities and lower-level storage. There are 2 apartments which are rented and have a great history for occupancy. The main floor bedroom apartment has 2 bedrooms and separate entry and there is an updated 4 bedroom on the upper level. Both of the apartments have laundry facilities and designated parking. Income producing and so much potential. Call today for your private showing.
| MLS # | 7089335 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 53 |
| Listing Provided By | Affinity Real Estate Inc. | Candace Gulsvig |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 3,450 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | Business/Commercial |
| Acreage | 0.08 |
| Heating | Baseboard, Boiler, Ductless Mini-Split, Hot Water, Zoned |
|---|---|
| Appliances | Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned |
| Roof | Age Over 8 Years, Asphalt, Pitched |
|---|---|
| Construction Materials | Frame, Stone |
| Lot Features | Corner Lot |
| Parking Features | Assigned, On-Street Parking Only |
|---|
| Utilities | Electric Common, Heating Common, Hot Water Common |
|---|
| Property | 2963 |
|---|
| State | MN |
|---|---|
| County | Hubbard |
| City | Park Rapids |
| Zip Code | 56470 |
| Community Name | Park Rapids |
| School District | 309 |
| High School | Park Rapids |
| Listing VS Median (in Park Rapids) | |
Price: $219,000 low | high Med: $109,500 sqft: 3,450 low | high Med: 1,873 $ / sqft: $63 low | high Med: $32 On site: 53 low | high Med: 47.5 | |
| State | MN |
|---|---|
| County | Hubbard |
| City | Park Rapids |
| Zip Code | 56470 |
| Community Name | Park Rapids |
| School District | 309 |
| High School | Park Rapids |
| Listing VS Median (in Park Rapids) | |
Price: $219,000 low | high Med: $109,500 sqft: 3,450 low | high Med: 1,873 $ / sqft: $63 low | high Med: $32 On site: 53 low | high Med: 47.5 | |