$350,000

500 1st Street E, Park Rapids, MN 56470


$350,000

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

500 1st Street E Park Rapids, MN 56470 - Fish Hook

For Sale MLS# 6023499

6,382 sq ft Commercial

Data current as of {{getLocalTime('2023-03-27T10:35:25Z')}}

Details for 500 1st Street E

MLS# 6023499

Description for 500 1st Street E, Park Rapids, MN, 56470 - Fish Hook


Location and river view in this live/work property, High traffic counts, back yard frontage & beautiful views of the Fish Hook River! Over 6,000 total square feet. 4,900 sq main level with commercial kitchen, bar and two large dining areas and BAR. Also, has a 2 bedroom apartment above. Plenty of square footage with potential for bar, restaurant, retail and/or office space. Many parking opportunities available for parking, on adjoining lot. Updated HVAC and roof.

Listing Information


Property Type: Commercial, Apartments and Retail

Status: Active

Bedrooms: 1

Lot Size: 0.40 Acres

Square Feet: 6,382 sq ft

Year Built: 1950

Foundation: 5,300 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Riverside Add

Builder:

Foundation:

Total Units: 2

Current Use: Commercial,Food Service,Restaurant,Retail,Tavern/Lounge

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hubbard

Days On Market: 399

HERS Score:

Construction Status: Previously Owned

School Information


District: 309 - Park Rapids

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring: Carpet,Vinyl/Linoleum

Basement: Full, Partial Finished

Accessibility: Partially Wheelchair, No Stairs Internal, Grab Bars In Bathroom

Additional Interior Features: 220 Volt

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate

Other Utilities:

Cooling: Central

Heating: Forced Air, Natural Gas, Electric

Exterior / Lot Features


Parking Spaces: 20

Parking Description: Driveway - Asphalt, Uncovered/Open, Garage Dimensions - 0

Exterior: Log Siding

Roof: Composition, Flat, Other, Age Over 8 Years

Lot View: River

Lot Dimensions: 92x60,100x114

Farm Type:

Crop Type:

Zoning: Business/Commercial,Residential-Single Family

Additional Exterior/Lot Features: Tree Coverage - Light, Corner Lot, Land Inclusions - Building,Land, Road Frontage - City

Soil Type:

Tillable Acres:

Waterfront Details


Body of Water: Fish Hook

DNR Lake ID: 29024200

Water Front Type: River Front

Water Frontage: 122 Ft.

Lake Acres: 1,643

Lake Depth: 76 Ft.

Lake Bottom:

Lake Chain Name:

Lake Chain Acres:

Road Between Waterfront and Home: No

Slope To Waterfront:

High Point to Waterfront:

Driving Directions


From 71/34: Go East on Hwy 34 to Just Across The Fish Hook River Bridge. First two properties on right

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric,Fuel,Insurance,Janitorial,Maintenance/Repair,Snow,Taxes,Trash,Water/Sewer

Owner Pays:

Annual Income: $0

Ownership Type:

Tax/Property ID: 324403200

Tax Amount: $11,600

Tax Year: 2021

HomeStead Description: Non-Homesteaded

Price Changes


$345,000 Original Price
$350,000 Current Price
+$5,000 Total Change
Date Price Change
7/22/2022 02:47 PM $350,000 +$5,000
7/12/2021 10:37 AM $345,000

Sales History

Date Price Change
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Tax Summary

Tax Year Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 500 1st Street E

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