For Sale: Sauk Rapids MLS# 6624086
Active
$495,000
Commercial: Office,Retail
Built 1950
0.18 acres
Sauk Rapids-Rice schools
MLS# 6624086
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Welcome to 111 Division Street, a remarkable commercial building located in the heart of Sauk Rapids. This property presents an exceptional opportunity for entrepreneurs, business owners, and investors looking to establish or expand their presence in a thriving community. Its prime location on Division Street offers excellent visibility and easy access, ensuring maximum exposure for any business venture.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$495,000
Property Type:
Commercial
City:
Sauk Rapids
Garage Spaces:
0
County:
Benton
Year Built:
1950
State:
MN
Property Style:
Office, Retail
Zip Code:
56379
Subdivision Name:
Town Of Sauk Rapids
Interior
Basement Details:
- Block
- Full
Exterior
Garage Spaces:
0
Other Parking Spaces:
4
Air Conditioning:
Central Air
Foundation Size:
6,500 ft2
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- On-Street Parking Only
- Other
- Parking Lot
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
Flat
Lot & Land
Acres:
0.18
Geolocation:
45.589766, -94.165555
Inclusions:
Building, Other
Lot Dimensions:
8000
Zoning:
Business/Commercial
Schools
School District:
47
District Phone:
320-253-4703
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$7,200
Annual Fuel Expense:
$7,200
Annual Insurance Expense:
$2,500
Annual Gross Expense:
$24,000
Annual Trash Expense:
$400
Annual Water/Sewer Expense:
$1,000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,700
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,850
Income
Annual Gross Income:
$80,400
Rent
Annual Net Income:
$56,400
Units
Total Units:
10
Miscellaneous
Current Use:
Professional/Office
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 RE/MAX Results.
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.