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For Sale:  Frazee MLS# 6754207

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Active
$325,000
/mo Edit
Commercial:  1 Story
Built 1944
41 acres
Frazee-Vergas schools
MLS# 6754207
763-576-8286
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    Property Description

    Excellent investment opportunity for commercial and residential rental property including 2 apartments currently being leased, and commercial area currently leased as a restaurant. Additional unit available for office/apartment space currently unfinished. Located on Main Ave in Frazee with excellent road frontage with easy side street parking. Many updates have been completed to this building including commercial space updates, and 2 residential apartment updates. No special assessments! Property includes two parcels, a one bedroom apartment, a two bedroom apartment, commercial space, and an unfinished unit. There are two unfinished basement areas for utility and storage.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $325,000
    Property Type: Commercial
    City: Frazee
    Garage Spaces: 0
    County: Becker
    Year Built: 1944
    State: MN
    Property Style: 1 Story
    Zip Code: 56544
    Subdivision Name: Amended Plat/Frazee City

    Interior

    Basement Details:
    • Block
    • Concrete
    • Partial
    • Storage Space
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 3
    Air Conditioning: Wall Unit(s)
    Foundation Size: 3,482 ft2
    Foundation Dimensions: 59x71
    Handicap Accessible: Other
    Heating System:
    • Baseboard
    • Boiler
    • Hot Water
    • Radiant
    Parking Features:
    • Gravel
    • Parking Lot
    • Units Vary
    Road Frontage: City Street
    Exterior Material: Steel Siding

    Lot & Land

    Acres: 41
    Geolocation: 46.727078, -95.700153
    Inclusions: Building, Land, Leases
    Lot Dimensions: .41 acres
    Addl Parcels: 500049001
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family

    Schools

    School District: 23
    District Phone: 218-334-3181

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,590
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,590

    Units

    Total Units: 4

    Miscellaneous

    Current Use:
    • Commercial
    • Residential
    • Restaurant
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Separate
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Counselor Realty Detroit Lakes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.