For Sale: Baudette MLS# 7100983
Active
NEW!
$199,000
Commercial: 1 Story
Built 2022
1.03 acres
Lake Of The Woods schools
MLS# 7100983
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Property Description
Income property in Baudette, MN! This 120'x24' storage unit offering 11 large units and 3 small units (all unheated) was built in 2022. Current full occupancy shows steady income with 6-12 month leases. Invest with confidence knowing the newer structure and 150' of State Highway 11 frontage will have enduring value.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$199,000
Property Type:
Commercial
City:
Baudette
Garage Spaces:
11
County:
Lake of the Woods
Year Built:
2022
State:
MN
Property Style:
1 Story
Zip Code:
56623
Subdivision Name:
Third Add To East Beaudette
Interior
Flooring:
Concrete Slab
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
11
Air Conditioning:
None
Foundation Size:
2,880 ft2
Foundation Dimensions:
24x120
Fencing:
None
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
None
Parking Features:
Gravel
Road Frontage:
- Paved Streets
- State Road
Exterior Material:
Frame
Roof Details:
Asphalt
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
1.03
Geolocation:
48.711424, -94.590014
Inclusions:
Building, Land
Lot Dimensions:
150 x 150
Zoning:
Industrial
Lot Description:
- Corner Lot
- Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
390
District Phone:
2186342735
Expenses
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,000
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,588
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,588
Income
Annual Gross Income:
$16,000
Rent
Annual Net Income:
$12,900
Units
Total Units:
14
Miscellaneous
Current Use:
Storage Facility
Fuel System:
Other
Sewer System:
None
Available Utilities:
None Available
Water System:
None
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Reed 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.