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Listing Details
- $1,050,000
- MLS# 7152891
- Type Commercial - Office
- Status Active
Listed By
Agency Name: Northstar Real Estate Associates
Agency Phone: 651-451-2850
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
Excellent Investment Opportunity ? Child Care Center Building! The owner has invested over $300,000 in renovations, creating a well-appointed facility ready for continued use as a child care center. The property is currently leased for $8,000 per month with a 5-year lease term and an option to renew for an additional 5 years. The tenant is responsible for all utilities, providing the owner with a favorable expense structure. A strong opportunity for an investor seeking a leased commercial property with established income and significant improvements already completed.
Features
- Cooling: Central Air
- Heating: Forced Air
- Taxes: $18,410
- Water: City Water/Connected, City Water - In Street
- Year Built: 1964
Gallery
Listed By
Agency Name: Northstar Real Estate Associates
Agency Phone: 651-451-2850
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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By searching Listing Data you agree to this End User License Agreement
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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