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SOLD! Commercial Corner

Listed by Chris Close


Property Description: SOLD! Prime opportunity to purchase a commercial corner along Summit Ave in Blackduck, containing a large 2-level office building. Formerly a bank, the main level is outfitted with an open seating area, private offices, teller counter and one exterior drive-thru. The lower level is finished, but not currently utilized. This busy corridor location has high traffic counts, prime visibility, and easy access.

Listing Details

mls: 4918419
CC File #: 1479
Address: 17 Summit Ave E
City: Blackduck
State: MN
Zip: 56630
Zoning: C-1 Central Business District
PID#: 810014300 & 810014200
Legal Description: Lots 28 & 29, Block 8, Less E 60', Plat of Blackduck; AND Lots 25-27, Block 8, Less E 60' and inc vacated portion of alley adj Lot 25 (Resolution MF 412322), Plat of Blackduck
Lot Size : Acres: 0.43
Lot Size : Sq.Ft.: 18,730.8
Lot Dimensions: Approx. 82' x 170' x 119' x 10' x 63.36' x 147.2' Note: Measurements are estimated from the Beltrami County GIS mapping site and should be verified.
Building Size : Total Sq. Ft.: 8,476
Building Size : Main Level Sq. Ft.: 4,184
Building Size : Lower Level Sq. Ft.: 4,292
Sale Price: $205,000.00

Directions: From the intersection of Hwy 71 (Bemidji Road NE) and CR 30 (Summit Ave W) - East on Summit Ave - Property is at the SE corner of Summit Ave (CR 30) and Main Street (CR 47)
Property Features & Assets: Main Level: 4,184 SF (Offices, Reception, Teller Counter, Drive-Thru Window). Lower Level: 4,292 SF (Finished Office & Storage). 1 drive-thru window located on the south side of the building.

Property Features

Water: City
Sewer: City
Heating: Propane Forced Air plus Electric Baseboard in Lower Level
Cooling: Central Air - Electric Rooftop Units
Electric : Amps: 400
Electric : Phase: Three
Lighting: Fluorescent
Year Built: 1981
Construction: Concrete Block & Spancrete
Foundation: Concrete Block
Roof: Rubber Membrane
Exterior: Brick
Traffic Counts: 1,600 on Summit Ave and 1,100 on Main Street
Property Tax Year: 2017
Annual Property Tax: $11,288.00
Ceiling Height : Office: 9'
Bathrooms: 3 (2 on Main Level, 1 on Lower Level)
Security: Yes
High-Speed Internet: Yes
Parking Spaces: Approx. 10-15 Paved Asphalt Spaces + Additional On-Street Parking
Road Frontage: Approx. 82' along Summit Ave E and 170' along CR 47 (Main Street)
Neighboring Businesses: Nearby businesses include Blackduck Dental, Moon-Drug, Cease Funeral Home, Shell Station, Northlander Gift, USPS, Senior Center, Public Library, Northland Timber, King Koin, Anderson Fabrics, Deerwood Bank, O'Reilly Chiropractic, Drake Motel, The Pond Liquor, Blackduck Floral & Gift, SuperValu, Cennex, 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.