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Listing 7 out of 650
$125,000 For Sale

501 Lake Street NE
Warroad, MN 50109

5 units |

lot: 9148 sq ft
Commercial: Commercial - MLS# 19-200
Property Photo
1/8

Description

Prime Location, Great Investment! Come take a look at this opportunity! This property offers a prime location with excellent store frontage centrally located on Lake Street in Warroad. The property features a brick exterior, 3 apartment units currently generating $1450 a month of rent as well as an additional large space for office space or another rental income opportunity! The front of the building offers excellent access and frontage on Lake Street. This is a rare opportunity for any small business owner to own an investment as well as operating space for their personal business!

Features

  • Property Type: Commercial
  • Sub Type: Commercial
  • Listing Status: Active
  • County/Area: Roseau County
  • Zip Code: 50109
  • Year Built: 1900
  • School District: Warroad #690
  • Units: 5 units
  • Bedrooms: 3
  • Full Baths: 2
  • Lot Size: 9148 sq ft
  • Baths: 2
  • Construction Type: Frame/Wood
  • Exterior: Brick
  • For Sale/Lease: For Sale
  • Foundation Size: 48 X 105
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Lot Dimensions: 75 x 120
  • Owners Expense: Electric, Water/Sewer
  • Remodeled/Addition: Yes
  • Road Frontage: City
  • Roof: Rubber
  • Sale Includes: Building, Fixture/Equipment, Leases
  • Sewer: City
  • Square Footage: Total SqFt: 6964
  • Township Name: Lake
  • U1 Air Conditioning: Ductless Unit
  • U1 Appliances: Dishwasher, Range/Stove, Refrigerator
  • U2 Air Conditioning: Ductless Unit
  • U2 Appliances: Dishwasher, Range/Stove, Refrigerator
  • U3 Air Conditioning: Ductless Unit
  • U3 Appliances: Dishwasher, Range/Stove, Refrigerator
  • Unit 1: Full Baths: 1
  • Unit 1: Monthly Rent: 500
  • Unit 1: Total Baths: 1
  • Unit 1: Total Bedrooms: 1
  • Unit 1: Total Rooms: 1
  • Unit 2: Monthly Rent: 500
  • Unit 2: Total Baths: 1
  • Unit 2: Total Bedrooms: 1
  • Unit 2: Total Rooms: 3
  • Unit 3: Full Baths: 1
  • Unit 3: Monthly Rent: 450
  • Unit 3: Total Baths: 1
  • Unit 3: Total Bedrooms: 1
  • Unit 3: Total Rooms: 3
  • Water: City
Courtesy of Tru North Realty

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