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Nisswa Building For Sale or Lease

Listed by Chris Close

FOR SALE/LEASE: RETAIL & APARTMENT: MAIN STREET, NISSWA

Property Description: PRICE REDUCED TO $649,000 FROM $699,000! Main Street in downtown Nisswa is an incredibly popular retail destination in the Brainerd Lakes Area - and now is your chance to locate your retail or office-service business to this tourist area. This retail building was completely rebuilt in 2000, and includes a three bedroom residence/home along with a basement/storage area that provides ample room to store product during the busy tourist season. This is a rare opportunity to own or lease a piece of history in one of the most renowned retail locations in the Brainerd Lakes Area.

Listing Details

mls: 4645172
CC File #: 1387
Address: 25485 Main Street
City: Nisswa
State: MN
Zip: 56468
Zoning: CBD-Central Business District
PID#: 28136002002B009
Legal Description: Lengthy - See Brochure
Lot Size : Acres: 0.1
Lot Size : Sq.Ft.: 4524
Lot Dimensions: 33' x 142.44' x 30.5' x 143.4'
Building Size : Total Sq. Ft.: 5,973
Building Size : Main Level Sq. Ft.: 2,569
Building Size : Upper Level Sq. Ft.: 1,904
Building Size : Lower Level Sq. Ft.: 1,500
Monthly Rent: $4500/Mo Gross + Utilities
Sale Price: $649,000.00
Original Price: $699,000.00
Price Note: PRICE REDUCED TO $649,000 FROM $699,000!
Year Established: 1946

Directions: From the Baxter Hwy 210/371 intersection - North on Hwy 371 to Nisswa - Right on CR 18 - Exit round-a-bout onto Smiley Road (which turns into Main Street) - Property is located on the west side of Main Street, just after Smiles Dentist Office
Property Features & Assets: Main Level Retail: 1,921 SF; Upper Level Retail: 712 SF; Upper Level 3-Bdrm Apartment: 1,192 SF; Attached 2-Car Garage: 648 SF (Insulated & Heated); Basement/Storage: 1,500 SF (Unfinished Space used for Product Storage)

Property Features

Water: Drilled Well
Sewer: City
Heating: Natural Gas Forced Air (Apartment & Retail Separately Metered); Retail: 90,000 BTU; Apartment: 60,000 BTU
Cooling: 2 Forced Air Units; Retail: 5-Ton Unit; Apartment: 3-Ton Unit
Electric : Amps: Two 200 Amp Panel (Apartment & Retail Separately Metered)
Lighting: Fluorescent & Bulb Fixtures
Year Remodeled: Building was completely rebuilt in 2000, with original storefront remaining. The Totem Pole in front of the store was completely refinished in 2009.
Construction: Wood Frame
Foundation: Concrete Block
Roof: Asphalt Shingles & Cedar Shakes (New in 2016)
Exterior: Vertical Wood Siding
Traffic Counts: 5,700 on Main Street and 9,400 on Hwy 371
Property Tax Year: 2016
Annual Property Tax: $4,434.00
Ceiling Height: Retail: 16' Front Half & 7' Back Half; Apartment: 8'; Garage: 10'
Overhead Doors: 1 (16'W x 8'H) in Garage
Floor Drains: Retail: 3 on Main Floor
Utilities Available: Power: MN Power & Gas: Xcel Energy
High-Speed Internet: Yes
Parking Spaces: On-Street Parking along both sides of Main Street plus 2 spots in back of the building for the Apartment Resident
Road Frontage: 33' along Main Street
Neighboring Businesses: Located along Main Street, neighboring businesses include Turtle Town, Green Porch, Carriage house, Moxy Hair Salon, Smiles, Adirondack, Rafferty's Pizza, Martin's, Indulge, Big Axe Brewery, BlackRidge Bank, Lazy One, Purple Squirrel, Rebecca's, Chocolate Ox, Appaloosa Ridge, Woodland Meadow, Denali, Zaiser's, Town & Lake, Simpler Thymes, Buffalo Plaid, Compliments, Ganley's, A&W, Dairy Queen, Ye Ole Pickle, plus numerous other retail/food/specialty shops. Also in the area is Schaefer's Foods, Spirits of Nisswa, Gull Dam Brewery, Holiday Gas, Wendy's, Grandview Resort, Zorbaz, Bar Harbor, Subway, Anytime Fitness, plus 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.