For Sale: Pine City MLS# 6709946
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Property Description
3, 600 SF - SINGLE-TENANT BLDG
CONVENIENT LOCATION - CLOSE TO I-35
STRONG TENANT IN PLACE SINCE 2013
2 YEARS REMAINING ON TERM
NEW FURNACE IN 2019
NEW A/C IN 2019
REMODEL FRONT ELEVATION 2022
PARKING LOT SEAL COATING 2020
NEW SIDING AND WINDOWS 2024
BUILDING REMODELED FOR TENANT 2013
Listing
Listing Status:
Active
Contingency:
None
List Price:
$395,000
Property Type:
Commercial
City:
Pine City
Garage Spaces:
0
County:
Pine
Year Built:
1980
State:
MN
Property Style:
Office
Zip Code:
55063
Exterior
Garage Spaces:
0
Other Parking Spaces:
10
Air Conditioning:
Central Air
Foundation Size:
1,800 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Asphalt
Exterior Material:
- Brick/Stone
- Vinyl Siding
Lot & Land
Geolocation:
45.827922, -92.976579
Inclusions:
Building, Land
Lot Dimensions:
.18 Acres
Zoning:
Business/Commercial
Schools
School District:
578
District Phone:
320-629-4010
Expenses
Annual Gross Expense:
$16,351
Tenant Expenses:
Janitorial Service, Grounds Care
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,304
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,304
Income
Annual Gross Income:
$50,400
Rent
Annual Net Income:
$34,049
Units
Total Units:
1
Miscellaneous
Current Use:
- Professional Service
- Professional/Office
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of RE/MAX Synergy.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.