Address Not Published

    Frazee, MN 56544
    • $219,900
    • STATUS: Active
    • ON SITE: 195 days
    • MLS #: 20-26014
    UPDATED: 46 min ago
    $219,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,200
      SQFT
    • $31
      $/SQFT
    Type:
    Commercial
    Built:
    1915

    School Ratings & Info

    School District:

    Description

    5 unit mixed use investment property with 3 commercial spaces and 2 residential units make this the perfect mixed use investment for your portfolio. Located on the busiest corner of Frazee this building has character and modern features. With $25,800 in yearly rents this investment has a strong 11.7% ROI. 2 of the Commercial spaces will be empty because they are currently used by the real estate office that is selling the building. We have already received several interested parties in leasing both of them.

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    © 2019 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 Ryan Hanson Homes- Keller Williams Realty Professionals. Data last updated: 2019-10-21T16:44:42.887.
    www.ryanhansonhomes.com/homes/93472893

    Address Not Published Frazee, MN 56544

    • Price: $219,900
    • Status: Active
    • Updated: 46 min ago
    • MLS #: 20-26014
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    7,200
    SQFT
    $31
    $/SQFT
    1915
    Built
    School District:
    Frazee-Vergas #23
    Property Description
    5 unit mixed use investment property with 3 commercial spaces and 2 residential units make this the perfect mixed use investment for your portfolio. Located on the busiest corner of Frazee this building has character and modern features. With $25,800 in yearly rents this investment has a strong 11.7% ROI. 2 of the Commercial spaces will be empty because they are currently used by the real estate office that is selling the building. We have already received several interested parties in leasing both of them.
    Exterior Features

    Approximate Lot Dimensions irregular Construction Poured Concrete Exterior Stone Foundation Size 2400 Overhead Doors 0 Parking Characteristics Shared Parking Parking Spaces 0.00 Road Frontage City StreetCounty Highway Roof Other Waterfront No Waterfront Name None

    Interior Features

    Air Conditioning Central Amenities Restrooms Current Use Business ServiceOtherProfessional ServiceResidential Heat Boiler

    Property Features

    Assessments No Commercial Type Mixed Use For Sale Or Lease For Sale Fuel Natural Gas Lender Owned No Owner Is Agent Yes Owners Expense ElectricFuelMaint/RepairSnowTrashWater/Sewer Sale Includes BuildingFixture/EquipmentLandLeases Tax Amount 2002.00 Tax Classification Mixed Use Tax Year 2019 Taxes With Assessments 2002.00 Tenant Expenses Cable Tv Terms CashConventional Unit1 Leased Unit2 Leased Unit3 Leased Water City

    Listing information © 2019 Lake Region Association of Realtors MLS
    Listing provided courtesy of Brad Bender of Bender Realty.



    © 2019 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 Ryan Hanson Homes- Keller Williams Realty Professionals. Data last updated: 2019-10-21T16:44:42.887.
     
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