For Sale: Park Rapids MLS# 6023499
Active
$350,000
Commercial: Apartments/Retail
Built 1950
0.4 acres
Park Rapids schools
MLS# 6023499
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Great river view to this live/work property, 2019 traffic count estimate: 15, 900 VPD. Picture window in main dining room has great view of the Fish Hook River! Over 6, 000 total square feet. 4, 900 sq main level with commercial kitchen, bar and two large dining areas. Mix use, with a 2-bedroom apartment above. Plenty of square footage with potential for bar, restaurant, retail and/or office space. Ample free parking. The restaurant needs updating.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$350,000
Property Type:
Commercial
City:
Park Rapids
County:
Hubbard
Year Built:
1950
State:
MN
Property Style:
Apartments/Retail
Zip Code:
56470
Subdivision Name:
Riverside Add
Interior
Ranges:
One
Refrigerators:
Two
Basement Details:
- Full
- Partially Finished
Exterior
Garage Dimensions:
0
Other Parking Spaces:
20
Air Conditioning:
Central Air
Foundation Size:
5,300 ft2
Foundation Dimensions:
53x100
Handicap Accessible:
Grab Bars In Bathroom, No Stairs Internal, Partially Wheelchair
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Open
Road Frontage:
City Street
Exterior Material:
Log Siding
Roof Details:
- Age Over 8 Years
- Composition
- Flat
- Other
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Fish Hook
Waterfront View:
River
DNR Lake ID#:
29024200
WF Frontage:
122
Lake Chain Name:
N
Lake Acres:
1642
Lake Depth:
76
Waterfront:
River Front
Lot & Land
Acres:
0.4
Geolocation:
46.9220975774, -95.0515688188
Inclusions:
Building, Land
Lot Dimensions:
92 x 60, 100 x 114
Addl Parcels:
324403400
Zoning:
- Business/Commercial
- Residential-Single Family
Lot Description:
- Corner Lot
- Tree Coverage - Light
Schools
School District:
309
District Phone:
218-237-6500
Expenses
Tenant Expenses:
Electricity, Fuel, Insurance, Janitorial Service, Repairs, Snow Removal, Taxes, Trash Collection, Water
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$7,152
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$8,182
Units
Total Units:
2
Miscellaneous
Current Use:
- Bar/Tavern
- Commercial
- Food Service
- Restaurant
- Retail
Fuel System:
- Electric
- Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Heating Separate
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
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.