$329,900

34381 Majestic Pine Dr

Sturgeon Lake MN, 55783

Description

Location! Location!, Move your business to this location plus get some rental income. Built in 2004 with 3200 finished square feet, this building has 3 separate offices, separate utilities, commons area, forced air heat, central air, one level, handicap accessible, security system throughout, patio, paved parking lot, compliant septic, drilled well, on site freeway bill board and an onsite 30 foot tall freeway advertising sign that includes a 2 X 12 foot electronic message display. Plus you will have 477 feet of I-35 frontage with an annual average of 16300 vehicles passing by daily. Great Condition. Sitting on 1.74 Acres and is located on the SE quadrant of I-35 and the Sturgeon Lake exit next to Docs Sports Bar and Grill. 2019 Cap Rate 5.25

Details

MLS#5496379
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2003
Days On Site25

Features

SQ Feet3,200
Story(s)1
Units3
ZoningBusiness/Commercial

Market Activity 55783

Loading Form

Loading Form

Area Information

StateMN
CountyPine
CitySturgeon Lake
Zip Code55783
AreaSturgeon Lake (MN)
Listing VS Median (in 55783)
Price:
$329,900
low | high
Med:
$159,450
100% of Average
SqFt:
3,200
low | high
Med:
1,872
91.5% of Average
$ / SqFt:
$103
low | high
Med:
$27
100% of Average
On Site:
25
low | high
Med:
141.500000
17.667844522968% of Average
Listing Updated: 03/27/2020
MLS Number: 5496379
Listing Provided By:
Bryan Ketchmark  of  Majestic Pine Realty Inc.
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

© {{year}} Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.