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SOLD! Locate on the Laurel St. Corridor

Listed by Nate Grotzke


Property Description: SOLD! Excellent investment opportunity near Downtown Brainerd. This fully-occupied auto-service building is equipped with numerous overhead doors and vehicle bays. This highly visible, easily accessible property is located on the west end of the Laurel Street bridge, not far from the lighted Walgreens intersection. Great opportunity for an owner/user or investor looking for a return on investment with the current tenant.

Listing Details

CC File #: 527
Address: 310 W Laurel Street
City: Brainerd
State: MN
Zip: 56401
Zoning: B2 - Neighborhood Business District
PID#: 09198003001A009
Legal Description: Lengthy - See Brochure
Lot Size : Acres: 0.7
Lot Size : Sq.Ft.: 30750
Lot Dimensions: 205' x 150'
Building Size : Total Sq. Ft.: 7,592
Building Size : Main Level Sq. Ft.: 7,592
Sale Price: $399,000.00

Directions: From Walgreens, at the corner of Washington Street (Hwy 210) & SW 4th Street - South on SW 4th - East on Laurel Street - Property is located on the North side of Laurel Street just after State Farm Insurance/Edward Jones
Property Features & Assets: Entire Building is currently occupied/leased by Paradigm Performance. See Brochure for details.

Property Features

Water: City
Sewer: City
Heating: 2 GFA Furnaces & 1 Overhead GFA Unit
Cooling: None
Electric : Amps: 200
Electric : Phase: Single (3-Phase is available, check with Brainerd Public Utilities for more information)
Lighting: Mercury Vapor & Incandescent
Construction: Concrete Block
Foundation: Concrete
Roof: Flat Rubber Membrane
Exterior: Stucco
Traffic Counts: 6,800 on Laurel Street and 8,900 on SW 4th Street
Other: Note: Property is Broker Owned
Property Tax Year: 2016
Annual Property Tax: $5,764.00
Ceiling Height : Office: 8'
Ceiling Height : Warehouse: 12' 6" & 14'
Overhead Doors: 11
Overhead Door Size: (2) 11' 6" H x 10' W, (6) 10' H x 10' W, (3) 12' H x 12' W
Floor Drains: 2 (SW Garage Area)
Bathrooms: 1
High-Speed Internet: Yes
Parking Spaces: Gravel Lot
Road Frontage: 205' on Laurel Street
Neighboring Businesses: Businesses in the area include Edward Jones, State Farm Insurance, Walgreens, Erbert & Gerbert's, Wells Fargo, Domino's Pizza, Rafferty's Take & Bake, Subway, McDonalds, Wendy's, Ace Hardware, Service Drug, North Medical Supply, Riverside School, plus several others.
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Information provided by members of Greater Lakes Association of Realtors. Copyright 2009 Greater Lakes Multiple Listings Service. All rights reserved. Information is deemed reliable but not guaranteed.