For Sale: Parkers Prairie MLS# 6257640
Active
$145,000
Commercial: Apartments/Retail
Built 1904
0.13 acres
Parkers Prairie schools
MLS# 6257640
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Property Description
Here's a chance to own a large building and have your mortgage nearly paid for with 3 rental units on upper level. All units are currently rented.
Building would be great for retail or whatever the heart desires.
Things just got better for this unit. Owner says due to a water line leak they had Service Master in and remove all floor coverings, a wall that didn't need to be there. Everything needed for a new owner to complete a remodel. ($30000.00 worth of cleanup) All remaining fixtures and appliances from cafe have been removed.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$145,000
Property Type:
Commercial
City:
Parkers Prairie
Garage Spaces:
0
County:
Otter Tail
Year Built:
1904
State:
MN
Property Style:
Apartments/Retail
Zip Code:
56361
Subdivision Name:
Lakeview Add
Interior
Ranges:
Three
Refrigerators:
Three
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
0
Garage Door Height:
0
Garage Door Width:
0
Other Parking Spaces:
1
Air Conditioning:
Window Unit(s)
Foundation Size:
3,104 ft2
Handicap Accessible:
No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
- Flat
- Tar/Gravel
Lot & Land
Acres:
0.13
Geolocation:
46.1524271201, -95.3285683574
Inclusions:
Building, Leases, Rental License
Lot Dimensions:
130 x 90
Zoning:
Business/Commercial
Schools
School District:
547
District Phone:
218-338-6011
Expenses
Annual Gross Expense:
$2,400
Tenant Expenses:
Cable TV, Electricity, Fuel, Janitorial Service
Financial & Taxes
Tax Year:
2022
Annual Taxes:
$2,956
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,956
Land Lease Amount:
0
Income
Annual Gross Income:
$17,400
Rent
Annual Net Income:
$15,000
Units
Total Units:
3
Miscellaneous
Current Use:
- Commercial
- Other
- Vacant
Fuel System:
- Electric
- Propane
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Northstar Lakes Realty.
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.