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317 Lake Street NE

Warroad, MN 56763
  • $310,000
  • STATUS: Active
  • ON SITE: 188 Days
  • ID#: 6313423
UPDATED: 68 min ago
$310,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,450
    SQFT
  • $70
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1912
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Pahlen Realty, Inc..

Description

PRIME COMMERCIAL INVESTMENT OPPORTUNITY! This historic downtown Warroad, MN building features 2,225 square feet of finished floor space on each level plus a 24x30 attached garage space for your storage needs. The main level is currently occupied by Annie's Trading Post Outlet (retail space) complete with handicap accessibility, dual 1/2 bath customer bathrooms, brick features, industrial feeling exposed ductwork and bonus storage room. Upstairs the 3 bedroom, 2 bathroom residential rental unit is spacious with unique character abounding - stunning kitchen, impressive faux fireplace, wet bar, tiled bathroom, walk-in closets, crown moulding, laundry and a rooftop sitting area. Both units have central air, separate natural gas forced air furnaces and many recent renovations have been completed. Proven rental history with impressive income generation and no recent vacancies. Excellent location along heavily traveled Lake Street. Reach out for financial details and more information!

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IDX data © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Michael Kaslow Team | Keller Williams Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Michael Kaslow Team | Keller Williams Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Michael Kaslow Team | Keller Williams Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2023-06-08T09:22:57.13.

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317 Lake Street NE Warroad, MN 56763

  • Price: $310,000
  • Status: Active
  • On Site: 188 Days
  • Updated: 68 min ago
  • ID#: 6313423
0
Beds
0
Baths
0
½ Baths
0.07
Acres
4,450
SQFT
$70
$/SQFT
1912
Built
Neighborhood:
Moodys Addition
County:
Roseau
School District:
690 - Warroad
Property Description
PRIME COMMERCIAL INVESTMENT OPPORTUNITY! This historic downtown Warroad, MN building features 2,225 square feet of finished floor space on each level plus a 24x30 attached garage space for your storage needs. The main level is currently occupied by Annie's Trading Post Outlet (retail space) complete with handicap accessibility, dual 1/2 bath customer bathrooms, brick features, industrial feeling exposed ductwork and bonus storage room. Upstairs the 3 bedroom, 2 bathroom residential rental unit is spacious with unique character abounding - stunning kitchen, impressive faux fireplace, wet bar, tiled bathroom, walk-in closets, crown moulding, laundry and a rooftop sitting area. Both units have central air, separate natural gas forced air furnaces and many recent renovations have been completed. Proven rental history with impressive income generation and no recent vacancies. Excellent location along heavily traveled Lake Street. Reach out for financial details and more information!
Exterior Features

Construction Materials BlockBrick/Stone Foundation Area 2225 Foundation Dimensions 25X89 Garage Dimensions 24X30 Garage Door Height 8 Garage Door Width 14 Garage Square Feet 720 Levels Two Lot Features Zero Lot Line Lot Size Dimensions 25X120 Parking Features Attached Garage Parking Open 0 Road Frontage Type City StreetCurbsPaved StreetsSidewalksStreet LightsStorm Sewer Roof Age Over 8 YearsAge 8 Years Or LessFlatRubber Topography Level

Interior Features

Amenities Unit Ceiling Fan(S)City ViewHardwood FloorsKitchen Center IslandKitchen WindowPrimary Bedroom Walk-In ClosetPaneled DoorsTile FloorsWasher/Dryer HookupWet BarWalk-In Closet Appliances DishwasherDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher Basement Crawl SpacePostsStone/RockUnfinished Cooling Central Air Heating Forced AirRadiant Refrigerator Num One

Property Features

Accessibility Features Doors 36"+Partially WheelchairWheelchair Ramp(S) Additional Parcels YN No Assessment Pending No Association Amenities None Contingency None Current Use CommercialResidentialRetail Electric Expense 3000 Expenses 6783.0000 Foreclosure Status No Fractional Ownership YN No Fuel ElectricNatural Gas Gross Income 27600 Inclusions BuildingLandLeases Insurance Expense 1100 Internet Options Cable Land Lease YN No Lender Owned No Net Operating Income 20817 Owner Pays ElectricityFuelInsuranceRepairsTaxesTrash CollectionWater Postal City Warroad Potential Short Sale No Property Sub Type Mixed Use Rental License Type Standard Rental License YN Yes Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 2368 Tax With Assessments 2458.0000 Tax Year 2023 Tenant Pays Cable TvSnow Removal Utilities Electric CommonElectric SeparateHeating SeparateHot Water Separate Water Source City Water/Connected Zoning Description Business/Commercial

NorthstarMLS] logo © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Pahlen Realty, Inc.: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Michael Kaslow Team | Keller Williams Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Michael Kaslow Team | Keller Williams Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Michael Kaslow Team | Keller Williams Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2023-06-08T09:22:57.13.

Click here for Digital Millennium Copyright Act
 
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The Michael Kaslow Team | Keller Williams Integrity Lakes
5315 Lyndale Avenue S Suite B
Minneapolis MN, 55419
NorthstarMLS] logo Listing courtesy of Pahlen Realty, Inc..