a Berkshire Hathaway affiliate

$214,900

600 Park Avenue N, Park Rapids


600 Park Avenue N Park Rapids, MN 56470

For Sale MLS# 20-25093

Commercial

Data current as of {{getLocalTime('2019-11-12T16:20:43Z')}}

Details

MLS# 20-25093

Description for 600 Park Avenue N, Park Rapids, MN, 56470


Great investment opportunity with 4800 finished sq ft that includes 3 fully rented units located in Park Rapids MN. The building is well maintained with good income, new metal roof, 40+ parking spots, and 50 frontage ft on Fishhook River. Currently houses three retail businesses: beauty salon, dance studio and small loan company. Building has great visibility with 70 feet of frontage on Highway 71 North/Park Avenue, one of the major business thoroughfares.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 0.56 Acres

Square Feet:

Year Built: 1950

Foundation: 4,800 sq ft

Garage: No

Stories:

Construction: Concrete Block

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 3

Current Use: Beauty/Barber Shop,Other,Professional Service

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hubbard

HERS Score:

Construction Status:

School Information


District: Park Rapids #309

Elementary:

Middle:

High:

Interior Features


Square Footage above: 4,800 sq ft

Square Footage below:

Flooring:

Additional Interior Features:

Utilities


Water: City

Available Utilities:

Other Utilities:

Cooling: Central

Heating: Natural Gas, Forced Air

Exterior / Lot Features


Parking Spaces: 40

Parking Description: Driveway - Asphalt, Uncovered/Open

Exterior: Vinyl

Roof: Asphalt Shingles

Lot View:

Lot Dimensions: 70x410x50x394

Farm Type:

Crop Type:

Zoning:

Additional Exterior/Lot Features: Road Frontage - US Highway

Soil Type:

Tillable Acres:

Waterfront Details


DNR Lake ID:

Water Front Type: River

Water Frontage:

Lake Acres:

Lake Depth:

Lake Bottom:

Lake Chain Acres:

Road Between Waterfront and Home: No

Slope To Waterfront:

High Point to Waterfront:

Driving Directions


From Hwys. 71/34 in Park Rapids, go North on US-71/Park Avenue for 5 blocks. Property is on the right. Driveway to parking lot is on South side of building.

Financial Considerations


Other Deposit Fees:

Assessments: $404

Covenants/Deed Restrictions:

Terms: Cash,Conventional

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 324103000

Tax Amount: $4,522

Tax Year: 2019

HomeStead Description: Non-Homestead

Price Changes


$224,900 Original Price
$214,900 Current Price
-$10,000 Total Change
Date Price Change
5/20/2019 02:06 PM $214,900 -$10,000
11/12/2018 03:19 PM $224,900

Sales History

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Schools nearby 600 Park Avenue N

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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

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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.

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Contingent and Pending statuses may not be available for all listings