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Active
$2,300,000
/mo Edit
Commercial:  Retail/Shopping Center
Built 1950
1.03 acres
Brainerd schools
MLS# 6647176
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    Property Description

    Discover an exceptional investment opportunity with this prime strip center, located at a high-visibility, stoplight-controlled intersection in Brainerd. Oak Place is a well-maintained, multi-tenant building boasting 90% occupancy, offering immediate income potential. Tenants enjoy excellent access and high traffic flow, with the added benefit of being within walking distance of downtown businesses, restaurants, parks, and more. This is your chance to acquire a highly sought-after property in a bustling area, ensuring a solid return on investment while becoming part of Brainerdâ??s vibrant community!

    Listing

    Contingency: None
    City: Brainerd
    County: Crow Wing
    State: MN
    Property Style: Retail/Shopping Center
    Zip Code: 56401
    Subdivision Name: Town Of Brainerd & First Add Bra

    Interior

    Ceiling Height: 8-10

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 56
    Air Conditioning: Central Air
    Foundation Size: 12,912 ft2
    Handicap Accessible: No Stairs External, No Stairs Internal
    Heating System: Forced Air
    Parking Features:
    • Open
    • Paved
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Stucco
    Roof Details: Flat

    Lot & Land

    Acres: 1.03
    Geolocation: 46.352968, -94.200225
    Inclusions: Building, Land, Leases
    Lot Dimensions: 300 x 150
    Addl Parcels: 41241040
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Farm

    Topography: Level

    Schools

    School District: 181
    District Phone: 218-454-6900

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $19,412
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $19,412

    Units

    Total Units: 8

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Professional Service
    • Professional/Office
    • Retail
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water 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.
    Payment:  /mo

    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.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Close-Converse Commercial Prop.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.