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SOLD! Commercial Corner

Listed by Chris Close


Property Description: SOLD! Excellent opportunity to purchase a multi-tenant retail/office building or to lease space within it. This versatile building is located along the heavily traveled Washington Street corridor in Brainerd - next door to the new Thrifty White building. Convenient location to serve your clients while benefiting from the easy access and high visibility.

Listing Details

mls: 4999898
CC File #: 1500
Address: 223 Washington Street
City: Brainerd
State: MN
Zip: 56401
Zoning: B6-Washington Street Commercial
PID#: 09196052007Y009, 09196052007Z009 & 091960520060009
Legal Description: Lots 6 thru 9 inclusive Block 52 except S 75 ft thereof, and Lots 10 thru 12 Inclusive Block 52 AND S 75 ft of Lots 7 thru 9 inclusive Block 52, Town of Brainerd & First Addition to Brainerd
Lot Size : Acres: 0.53
Lot Size : Sq.Ft.: 23,000
Lot Dimensions: 150' x 130' + 140' x 25'
Lease Space Size : Total Sq. Ft.: 1,500
Lease Space Size : Min Sq. Ft. Available: 630
Lease Space Size : Max Sq. Ft. Available: 1,500
Lease Space Size : Main Level Sq. Ft.: 1,500
Building Size : Total Sq. Ft.: 9,786
Building Size : Main Level Sq. Ft.: 9,786
Monthly Rent: $750/Month Gross + Garbage per Space
Sale Price: $225,000.00

Directions: From the Historic Water Tower in Downtown Brainerd (S 6th St and Washington St) - West on Washington St 3 blocks to the NW corner of N 3rd St and Washington St
Property Features & Assets: Building is 9,786 SF Total. Space A: 5,025 SF (Indian Motorcycle Shop); Space B: 1,670 SF (Back Arrow Martial Arts); Space C: 630 SF (Vacant); Space D: 870 SF (Vacant); Space E: 1,588 SF (Barnabas Care). Lease Space C or Space D at $750/Month Gross + Garbage, per Space. Landlord covers all other utilities and expenses.

Property Features

Water: City
Sewer: City
Heating: Natural Gas Forced Air
Cooling: Central Air - Electric Rooftop Unit
Electric : Amps: 200
Electric : Phase: Single
Lighting: Fluorescent
Year Built: 1985
Construction: Wood Frame
Foundation: Concrete Block
Roof: Flat - Rubber Membrane
Exterior: Stucco
Traffic Counts: 31,700 on Washington Street and 1,200 on Kingwood Street
Property Tax Year: 2018
Annual Property Tax: $8,682.00
Terms: Negotiable
Ceiling Height: 8'
Overhead Doors: 1 (10' W x 10' H) on Space A (Indian Motorcycle Shop)
Floor Drains: 6
Bathrooms: 4 Total (Shared between Tenants)
High-Speed Internet: Yes
Parking Spaces: 15+ Paved Parking Spaces
Road Frontage: 150' along Washington Street and 130' + 25' along N 3rd Street
Adjacent Tenants: Space A: Indian Motorcycle Shop; Space B: Back Arrow Martial Arts; Space E: Barnabas Care
Neighboring Businesses: Nearby businesses include Thrifty White, Hardee's Insty Prints, Boardwalk Bagel, Brainerd Floral, Super America, Family Dollar, Greenheck Auto Glass, ROC Detail, Dairy Queen, 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.