$489,000

2987 389th Avenue NEStanchfield Twp, MN 55080

Type: Commercial

1945 Year Built

Description

High visibility location! Investment opportunity is here. New updates include, new drilled well, new specially designed holding tank specifically for shop drainage, updated and compliant septic system. All EPA requirements brought up to date in 2023. Three units. Two are rented out for a total of $3,600 a month. The 30' x 40' pole building is not rented but could be for cold storage for additional monthly rent. Shop is currently a diesel repair shop and there is a one-bedroom apartment in the back of the building. Owner financing available.

MLS ID: 6549872

Directions: Hwy 65 north of Cambridge to CR 3. Property on the NW corner of the intersection.

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Property Details

Essential Details

MLS #: 6549872

Listing courtesy of: RE/MAX RESULTS

Price: $489,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Business/Commercial

Current Use: Automotive, Office, Residential, Storage Facility

Total Units: 3

Annual Gross Income: $43,200

Owner Pays: Electricity, Fuel, Repairs, Taxes, Trash Collection, Water

Overhead Door Clearance: 10-14 Feet

Parking Features: Attached Garage, Detached, Gravel, Concrete, Electric, Floor Drain, Garage Door Opener, Multiple Garages, Parking Lot, Storage

Garage Dimensions: 36 x 31

Garage Door Height: 12

Garage Door Width: 10

Garage SqFt: 1116

Garage Spaces: 2

Other Parking Spaces: 6

Building Details

Owner Occupied: No

Construction Materials: Block, Metal Siding, Stucco

AccessibilityFeatures: Doors 36"+, Hallways 42"+, No Stairs Internal

Roof: Age Over 8 Years

Heating: Forced Air, Space Heater

Cooling: Central Air

Style: Business, Duplex Other, Office

Year Built: 1945

Foundation Area: 2,752

Amenities - Unit: Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Patio, Paneled Doors, Tile Floors, Washer/Dryer Hookup

Sewer: Holding Tank, Mound Septic, Private Sewer, Septic System Compliant - Yes

Water Source: Submersible - 4 Inch, Drilled, Well

Number of Ranges: One

Number of Refrigerators: Two

Utilities: Electric Common, Heating Separate, Hot Water Separate

Lot Details

Lot Dimensions: 148 x 140

Road Frontage: County Road, Paved Streets, Street Lights, Highway

School Information

District: Braham

District Number: 314

District Phone: 320-396-3313

Community Information

County: Isanti

Survey Range: 23

Survey Section: 22

Survey Township: 37

Taxes

Tax Year: 2024

Tax Amount: $1,670

Assessment Pending: No

Taxes w/Assessments: $1,670

This listing was last updated by RE/MAX RESULTS on 7/9/2024 at 10:26 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 9/7/2024 10:25 pm.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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