a Berkshire Hathaway affiliate

$179,900

600 Park Avenue N, Park Rapids, MN 56470


600 Park Avenue N Park Rapids, MN 56470 - Fish Hook

Active Contingent MLS# 20-30565

Commercial

Data current as of {{getLocalTime('2020-12-03T05:05:34Z')}}

Details

MLS# 20-30565

Description for 600 Park Avenue N, Park Rapids, MN, 56470 - Fish Hook


Park Rapids commercial property located on Fishhook River. This great investment opportunity features 4500+ finished square feet yielding (3) sizeable rental suites. All of which are conducive for a variety of business models. Tenancy has been long-term (years) and income is consistent. Ideal for the passive investor. Current occupants include a loan company, beauty salon and a dance studio. The building has maintenance free siding, newer metal roof, natural gas furnaces, central air, city water/sewer, asphalt parking lot and secondary dirt parking area. Sits on 70ft of highly visible US HWY 71 (Park Ave.) frontage and 50ft on the river. Contract for deed option available.

Listing Information


Property Type: Commercial

Status: Active-Contingent-Active-Contingent

Lot Size: 0.56 Acres

Square Feet:

Year Built: 1950

Foundation: 4,500 sq ft

Garage: No

Stories:

Construction: Frame/Wood

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 3

Current Use: Beauty/Barber Shop,Business Service,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: 4,500 sq ft

Square Footage below:

Flooring:

Additional Interior Features:

Utilities


Water: City

Available Utilities:

Other Utilities:

Cooling: Central

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 20

Parking Description: Other

Exterior: Vinyl Siding

Roof: Metal

Lot View:

Lot Dimensions: 70xirreg

Farm Type:

Crop Type:

Zoning:

Additional Exterior/Lot Features: Road Frontage - City Street

Soil Type:

Tillable Acres:

Waterfront Details


Body of Water: Fish Hook

DNR Lake ID: S9990346

Water Front Type: River

Water Frontage: 50 Ft.

Lake Acres:

Lake Bottom:

Lake Chain Name:

Lake Chain Acres:

Road Between Waterfront and Home: No

Slope To Waterfront:

High Point to Waterfront:

Driving Directions


From Hwy's 71/34: Go North On Hwy 71 (Park Ave) 5 Blocks To Property On Right.

Financial Considerations


Other Deposit Fees:

Assessments: $412

Covenants/Deed Restrictions:

Terms: Cash,Contract for Deed,Conventional

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 324103000

Tax Amount: $4,578

Tax Year: 2020

HomeStead Description: Non-Homestead

Price Changes


$179,900 Original Price
$179,900 Current Price
+$0 Total Change
Date Price Change
6/8/2020 02:09 PM $179,900

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

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