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LEASED! Retail Building For Lease

Listed by Tim Miller


Property Description: LEASED! Excellent opportunity to lease a gorgeous 3-level log retail building within the heart of the Pequot Lakes business district! Locals and tourists alike flock to this area for many of their shopping needs - you could locate your business in the middle of it all! Enjoy prime visibility and instant exposure.

Listing Details

CC File #: 1438
Address: 31038 Government Drive
City: Pequot Lakes
State: MN
Zip: 56472
Zoning: DMU-Downtown Mixed Use
PID#: 29102003005Z009 & 29102003006A009
Legal Description: Lot 5 Block 3 except N 18 ft of the E 60 ft and also including the N 2 ft of Lot 6 Block 3. AND N 18 ft of the E 60 ft of Lot 5 Block 3.
Lot Size : Acres: 0.16
Lot Size : Sq.Ft.: 7100
Lot Dimensions: 50x142
Lease Space Size : Total Sq. Ft.: 9,438
Lease Space Size : Max Sq. Ft. Available: 9,438
Lease Space Size : Main Level Sq. Ft.: 3,300
Lease Space Size : Upper Level Sq. Ft.: 2,838
Lease Space Size : Lower Level Sq. Ft.: 3,300
Lease Rate/Month: $1500/Month Triple Net

Directions: From Baxter - North on Hwy 371 to Pequot Lakes - East on CR 11 - Left (north) on Government Drive to 4th building on the right
Property Features & Assets: Main Level is 3,300 SF Retail, Office and Storage with a 432 SF Covered Deck. The Upper Level is 2,838 SF Retail w/ an Office. The Lower Level is 3,300 SF of finished Retail & Office Space, a Kitchen and unfinished Storage Area.

Property Features

Water: City
Sewer: City
Heating: Natural Gas Forced Air
Cooling: Central Air - Electric Ground Unit
Electric : Amps: Two 200-Amp Panels
Electric : Phase: Single
Lighting: Fluorescent
Year Built: 1994
Construction: Wood Frame
Foundation: Concrete Block
Roof: Asphalt Shingles
Exterior: Log Siding
Traffic Counts: 10,000 - 12,200 on Hwy 371 and 8,200 - 8,500 on CR 11 (Main St.)
Property Tax Year: 2016
Annual Property Tax: $7,242.00
Ceiling Height : Office: 8'
Ceiling Height : Warehouse: 18' - 26' Vaulted
Floor Drains: 4
Bathrooms: 3 (2 on Main Floor & 1 on Lower Level)
Security: Wired in
High-Speed Internet: Yes
Parking Spaces: 16+ On-Street Parking
Road Frontage: Along Government Drive / Hwy 371
Neighboring Businesses: Businesses nearby include Lakes Latte, Lucky's Tavern, Lakes Dental, plus several other shops and boutiques. Others include Dollar General, Wells Fargo, Super America, Family Dollar, Oasis Restaurant, Liquor & Gas, Super Value, Dairy Queen, Pequot Fire Hall Center, TimberJack and many more.
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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.