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Property Description

Park Rapids commercial opportunity! This business features over 4,500 square feet and is well suited for several commercial uses. Consisting of an office space and a potential second, store front, storage, lobby area and 3 garage stalls. The space lends itself to easily be rented as 2 entities. Centrally located in the heart of Park Rapids.

Location
1012
Birch
Street
USA
MN
Hubbard
Park Rapids
56470
327200300
Park Rapids
309
Eastwood 2nd Add
218-237-6500
Detailed Property
2022
153x154x152x139
0
0
No
Natural Gas
: No
1970-01-01
Agency
NST500502501
NST25498
2022-11-23 19:33:03
Wolff & Simon Real Estate
No
Directions
From 34/71 in Park Rapids, East on 34 to a right on Henrietta Ave S, to a right on Birch St. S to property on left.
W96° 57' 38.7''
N46° 55' 10.3''

Commercial Sale For Sale

1012 Birch Street, Park Rapids, Minnesota 56470

0 Bedrooms
0 Bathrooms
0.52 Acre
Visits : 3 in 8 days
$349,900
Listing ID #6312052
Basic Details
DaysOnMarket : 0
Exclusive Property : No
Amount Due : Unknown
Estimated Resale Value : N/A
Sale Amount : N/A
Property Title : Commercial Sale For Sale
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 6312052
Price or Estimated Resale Value : $349,900
Year Built : 1995
Bedrooms : 0
Bathrooms : 0
Garage Spaces : 2
Lot Area : 0.52 Acre
Property Tax : $3,868
Tax With Assessments : $3,868
Property Sub Type : Business
Listing Status : Active
Potential Short Sale : No
Foreclosure Status : No
Lender Owned : No
Agent Info
Rob Just
Just Realty
21195 Minnetonka Blvd. Shorewood MN 55331
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Examples

We have hundreds of examples from over the years. Here are just a few. (they note the “Net Profit”. This isn’t a gross profit, or proposed profit, as seen elsewhere. This is net profit, after all purchase, finance, remodel, resale expenses):

6809 Queen Ave S. Richfield MN.

Net Profit: TBD, Seller Purchase, see property details to purchase. Elderly Owner moving into a care facility and needed to sell asap. Cash deal that benefitted all parties. Outdated home. Purchase Price: $2xx,000. AVM: 347,800.

 

14619 Oakwood Rd. Minnetonka

Net Profit: $67,000.Vacant for a couple of years. Deteriorated Property. Seller needed to sell so son could inherit the profits before she passed. Cash Deal. Purchase Price: $275,000. Resale: $385,000.

 

10520 Grant Dr. Eden Prairie

Net Profit: @ $49,000. Seller defaulted on a 1st and 2nd loan. Needed to sell. We were able to save his car, avoid further penalties from the 2nd mortgage AND, reconnect seller with his Father. Seller Purchase. Remodeled and Resold on MLS.

 

8356 Allegheny Grove Blvd. Victoria

Net Profit: @ $52,000. Seller defaulted. 1st lien purchase and close. Home was in very rough shape. We helped seller out of depression. Seller purchase, major remodel, resold on MLS.