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$289,900
1008 Park Avenue S
Park Rapids, MN 56470
MLS# 5733612



1008 Park Avenue S, Park Rapids, MN 56470
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Property Description
If you want your business and brand to be seen then look no further. This property includes 200 ft of prime frontage on HWY 71 (Park Ave S) with high traffic counts and extreme visibility all day long. Features a 28x78 building that has undergone a complete remodel over the past 6 years. 1624 sq ft is clean shop space while the remaining 560 sq ft has been finished into 3 offices and a common area. There are bathrooms and natural gas furnaces on each end of the building. For the investor; this building can easily be divided into 2+ independent rental spaces simply by changing a single lock. Sits on 1.72 acres with ample opportunity for future expansion. There is a huge asphalt parking lot and a large sign for effective messaging. Seller will pay all remaining special assessments (40k) at closing.

Details
Maps
None
Allow Auto Valuation: Yes
Allow Consumer Comment: Yes
MLSID: RMLS
Contract Information
Availability: Available
Status: Active
Current Price: $289,900
Original List Price: 289900
Contingency: None
ListPrice: 289900
List Date: 2021-04-01
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: GLAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 40
Owner Occupied: No
Waterfront Present: No
Year Built: 1980
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 2184
Garage Stalls: 3
For Sale or Lease: For Sale
Acres: 1.72
Lot Dimensions: 202x370
Assessment Pending: No
Location, Tax and Other Information
Legal Description: SECT-25 TWP-140 RANGE-035 1.72 AC 25-109&109D PAR OF NW1/4 OF SW1/4 FR SW COR SEC 25 E110.8 TO E RW ABN'D RR NE AL RW 1588.15 PB E114.47 N202.02 W371.66 TO E RW HWY 71 S202 E263.82 TO PB
Map Page: 999
Rental License?: No
School District Phone: 218-237-6500
Map Coordinate Source: King's Street Atlas
House Number: 1008
Street Name: Park
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Park Rapids
County: Hubbard
State: MN
Zip Code: 56470
Zip Plus 4: 2137
Property ID Number: 322504500
Tax Year: 2021
Tax Amount: 3199
In Foreclosure?: No
Potential Short Sale?: No
Assessment Balance: 4235
Lender Owned?: No
Tax With Assessments: 7434
Directions & Remarks
Public Remarks: If you want your business and brand to be seen then look no further. This property includes 200 ft of prime frontage on HWY 71 (Park Ave S) with high traffic counts and extreme visibility all day long. Features a 28x78 building that has undergone a complete remodel over the past 6 years. 1624 sq ft is clean shop space while the remaining 560 sq ft has been finished into 3 offices and a common area. There are bathrooms and natural gas furnaces on each end of the building. For the investor; this building can easily be divided into 2+ independent rental spaces simply by changing a single lock. Sits on 1.72 acres with ample opportunity for future expansion. There is a huge asphalt parking lot and a large sign for effective messaging. Seller will pay all remaining special assessments (40k) at closing.
Directions: From the Hwy 71/34 intersection: Go 11 bocks south on Hwy 71 to property on left.
Building Information
Building Finished SqFt: 2184
Building SqFt: 2184
Green Verification
Green Certification: No
Lock Box Type
Lock Box Source: GLAR
Miscellaneous Information
FIPS Code: 27057
Homestead Desc: Other
Public Survey Info
Range#: 35
Section#: 25
Township#: 140
Structure Information
Sale Includes: Building,Land
Unit Details
Total Units: 1
Property Features
Accessible: No Stairs External; No Stairs Internal
Air Conditioning: Central
Basement: Slab
CMU Style: Industrial
Construction Status: Previously Owned
Current Use: Business Service; Vacant
Exterior: Metal
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Lock Box Type: SentriLock
Lot Description: Tree Coverage - Medium
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Attached Garage; Driveway - Asphalt; Heated Garage
Road Frontage: City Street
Roof: Age 8 Years or Less; Asphalt Shingles
Sewer: City Sewer - In Street; Private Sewer; Other
Water: City Water - In Street; Sand Point; Well

Listing Office: Affinity Real Estate Inc.

Last Updated: April - 05 - 2021

1008 Park Avenue S, Park Rapids, MN 56470 - MLS# 5733612

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2020 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 18th of April 2021 08:14 AM

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