Search Results


$339,900
501 1st Street E
Park Rapids, MN 56470
MLS# 5730393



501 1st Street E, Park Rapids, MN 56470
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Property Description
C443 Great investment opportunity, in a premium location just off of highway 34, near Fish Hook River, and just down the street from Heartland Park. Sale includes six furnished apartments, all currently rented, along with a unique combination of commercial/retail space, office spaces & plenty of storage in the garage. Various features and rooms of the building have been updated and renovated in the past few years. The boiler was recently replaced, also. The property has loads of potential for the right buyer.

Details
Maps
None
Allow Auto Valuation: Yes
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Availability: Available
Status: Active
Current Price: $339,900
Original List Price: 339900
Contingency: None
ListPrice: 339900
List Date: 2021-03-23
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: GLAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 23
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 5000
Garage Stalls: 1
For Sale or Lease: For Sale
Acres: 0.29
Lot Dimensions: 45x110x115x130
Assessment Pending: No
Location, Tax and Other Information
Legal Description: .29 AC PRC AUDITOR'S PLAT TWO S110 OF LOT 7 BLK 5 EX E82
Map Page: 999
Rental License?: No
School District Phone: 218-237-6500
Map Coordinate Source: King's Street Atlas
House Number: 501
Street Name: 1st
Street Suffix: Street
Street Direction Suffix: E
Postal City: Park Rapids
County: Hubbard
State: MN
Zip Code: 56470
Zip Plus 4: 1864
Property ID Number: 325243010
Complex/Dev/Subdivision: Auditors #2
Tax Year: 2021
Tax Amount: 8018
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Tax With Assessments: 8018
Directions & Remarks
Public Remarks: C443 Great investment opportunity, in a premium location just off of highway 34, near Fish Hook River, and just down the street from Heartland Park. Sale includes six furnished apartments, all currently rented, along with a unique combination of commercial/retail space, office spaces & plenty of storage in the garage. Various features and rooms of the building have been updated and renovated in the past few years. The boiler was recently replaced, also. The property has loads of potential for the right buyer.
Directions: From Hwys. 71/34 in Park Rapids, go E on 34 to the property on the left, right after the river.
Building Information
Building Finished SqFt: 12000
Building SqFt: 12000
Ceiling Height: 8-10
Green Verification
Green Certification: No
Miscellaneous Information
FIPS Code: 27057
Homestead Desc: Other
Structure Information
Sale Includes: Building,Land,Fixture/Equipment,Leases
Unit Details
Total Units: 11
Property Features
Accessible: None
Air Conditioning: Ductless Mini-Split; Wall
Basement: None
CMU Style: Mixed Use
Construction Status: Previously Owned
Current Use: Business Service; Residential
Exterior: Block; Vinyl; Wood
Floor Description: Carpet; Concrete Slab; Tile; Vinyl/Linoleum
Fuel: Electric; Natural Gas
Heating: Boiler
Internet Options: None
Loan Terms: Cash; Conventional
Lock Box Type: Combo
No. of Ranges: Six or More
No. of Refrigerators: Six or More
On Site Utilities: Heating Common; Hot Water Common
Owners Expense: Fuel; Insurance; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection
Parking Characteristics: Attached Garage; Heated Garage; Paved Lot
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles; Metal
Sewer: City Sewer/Connected
Stories: Two
Tenant Expenses: Electricity
Wall Description: Drywall
Water: City Water/Connected

Listing Office: Coldwell Banker Clack Dennis

Last Updated: April - 30 - 2021

501 1st Street E, Park Rapids, MN 56470 - MLS# 5730393

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.

Thursday 6th of May 2021 09:48 PM

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