For Sale: Detroit Lakes MLS# 6343650
Active
$549,000
Commercial: Other
Built 1940
0.55 acres
Detroit Lakes schools
MLS# 6343650
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Property Description
20, 000+ Square Foot Commercial Building in Detroit Lakes in close proximity to the Hwy's 10&59 Intersection. Mix of Light Manufacturing, Retail, and Office Space. 13 rentable Units. Many options of use for the building. Move your business in and/or collect rent from your tenants! Partial seller financing available.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$549,000
Property Type:
Commercial
City:
Detroit Lakes
Garage Spaces:
2
County:
Becker
Year Built:
1940
State:
MN
Property Style:
Other
Zip Code:
56501
Subdivision Name:
Detroit Lakes
Exterior
Garage Spaces:
2
Other Parking Spaces:
15
Foundation Size:
1 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Guest Parking
- Insulated Garage
- Tuckunder Garage
Exterior Material:
- Block
- Metal Siding
Lot & Land
Acres:
0.55
Geolocation:
46.821023, -95.853738
Inclusions:
Building, Land
Lot Dimensions:
Irregula
Zoning:
Business/Commercial
Schools
School District:
22
District Phone:
218-847-9271
Expenses
Annual Electric Expense:
$10,800
Annual Insurance Expense:
$1,800
Annual Maintenance Expense:
$1,000
Annual Gross Expense:
$15,541
Annual Trash Expense:
$1,440
Financial & Taxes
Tax Year:
2022
Annual Taxes:
$8,434
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,434
Income
Annual Gross Income:
$48,600
Rent
Annual Net Income:
$33,059
Units
Total Units:
13
Miscellaneous
Current Use:
- Commercial
- Office
- Other
- Professional Service
- Professional/Office
- Storage Facility
- Warehouse
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of The Real Estate Company of Detroit Lakes.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.