MLS 5216491 : Frazee MN : 0.050 ac
We are offering a one of a kind investment opportunity right in the heart of downtown Frazee. This 5 unit, mixed use property features 3 commercial spaces and 2 residential units sure to enhance your investment portfolio. Located on the town's busiest intersection, this building is a charming combination of turn of the century character with modern features and updates.This building boasts $25,800/year in rental income, giving it a strong 11.7% ROI. The listing agency currently uses 2 of the 3 commercial spaces available, which will leave them vacant upon sale, but there have already been multiple interested parties looking to lease. You can ''bank'' on this being an investment you won't regret!