MLS 5579050 : Park Rapids MN : 0.560 ac

MLS 5579050
Park Rapids MN
0.560 ac


$179,900


Park Rapids commercial property located on Fishhook River. This great investment opportunity features 4500+ finished square feet yielding (3) sizeable rental suites. All of which are conducive for a variety of business models. Tenancy has been long-term (years) and income is consistent. Ideal for the passive investor. Current occupants include a loan company, beauty salon and a dance studio. The building has maintenance free siding, newer metal roof, natural gas furnaces, central air, city water/sewer, asphalt parking lot and secondary dirt parking area. Sits on 70ft of highly visible US HWY 71 (Park Ave.) frontage and 50ft on the river. Contract for deed option available.




10:1

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