a Berkshire Hathaway affiliate

$950,000

190 Southgate Drive, Aitkin, MN 56431


$950,000

Off-Market Date: 3/3/2021

190 Southgate Drive Aitkin, MN 56431

Pending MLS# 5661816

35,615 sq ft Commercial

Data current as of {{getLocalTime('2021-05-07T04:01:38Z')}}

Details

MLS# 5661816

Description for 190 Southgate Drive, Aitkin, MN, 56431


MOTIVATED SELLER WILL CONSIDER ALL OFFERS, INCLUDING LEASE OR LEASE WITH OPTION TO BUY. ASK ABOUT HELP WITH FUNDING AT FEDERAL & STATE LEVELS. RARE OPPORTUNITY TO OWN THIS PROFITABLE LOCATION FORMERLY OCCUPIED BY SHOPKO, WHICH IS SITUATED ON STATE HIGHWAY 169, ON A ROUNDABOUT AT A MAJOR CROSSROADS TO THE AITKIN LAKES AREA, A RECREATIONAL DESTINATION WITHIN 2 HOURS OF THE METRO. SHOPKO OPERATION FROM THIS LOCATION ENJOYED NEARLY $6 MILLION ANNUALLY IN SALES ! DON'T LET THIS OPPORTUNITY PASS YOU BY !

Listing Information


Property Type: Commercial, Business Opportunity,Retail/Shopping Center

Status: Pending

Lot Size: 4.31 Acres

Square Feet: 35,615 sq ft

Year Built: 1992

Foundation: 35,615 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 1

Current Use: Warehouse,Retail,Vacant

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Aitkin

Days On Market: 161

HERS Score:

Construction Status: Previously Owned

School Information


District: 8001 - Aitkin

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Basement: Slab

Accessibility: No Stairs Internal

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Common,Electric Common,Hot Water Common

Other Utilities:

Cooling: Central

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 50

Parking Description: Paved Lot

Exterior: Block

Roof: Other, Tar/Gravel

Lot View:

Lot Dimensions: 4 ACRES

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Irregular Lot, Road Frontage - City, Paved Streets, State

Soil Type:

Tillable Acres:

Driving Directions


GPS recommended; from the Aitkin stop light, follow Minnesota Ave South to the round about. Follow 3/4 around the round about and exit right into the "SHOPKO" center parking lot on your right. See for Sale Sign.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Annual Income: $6,000,000

Ownership Type:

Tax/Property ID: 560174500

Tax Amount: $24,212

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$950,000 Original Price
$950,000 Current Price
+$0 Total Change
Date Price Change
9/21/2020 01:43 PM $950,000

Sales History

Date Price Change
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Tax Summary

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Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 190 Southgate Drive

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings