MLS 5579050 : Park Rapids MN : 0.560 ac
Park Rapids MN
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.