808 1st Street E Park Rapids, MN ^$ 274,500

808 1st Street E

^$ 274,500

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808 1st Street E

Park Rapids, MN, 56470

^$ 274,500

Studio Baths0.0 Sq 1,883

Monthly Estimate*

^$ 1,917

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Studio

Commercial Property for sale in Park Rapids, MN

for $274,500. This 1,883 square foot building was built in 1982 on a lot size of 0.87.

Set on a deep lot comprised of .87 acres with 123' of HWY frontage in a prized location with amazing visibility. The property offers a longstanding laundry facility, pergola, storage shed and two other separate buildings suited for retail or summer business. Don't miss your chance at this amazing commercial opportunity.

Commercial Pending

Price

^$ 274,500

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,056

Style

Business

Lot Size

0.87

Year Built

1982

Town/City

Park Rapids

County/Region

Hubbard

MLS | Web ID

6369603

Features

General

Sewer City Sewer/Connected

Heating Baseboard

Cooling Wall Unit(s)

Utilities Heating Separate

Garage Spaces 0

Construction Materials Wood Siding

Year Built 1982

Property SubType Business

Tax Year 2022

Current Use Laundromat

Accessibility None

County Hubbard

Property Type Commercial Sale

Contingency None

Subdivision Name Cutlers Sub

Possible Use Other

Directions From 34/71 in Park Rapids East on 34 to property on left.

City Park Rapids

Buyer Agent Compensation 2.25

High School District Park Rapids

Zoning Description Business/Commercial

Total Units 3

Street Name 1st

Land Lease Y/N N

Tax Annual Amount 7056

Additional Parcels Y/N N

Days on Market 294

Standard Status Pending

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Parking Lot

Water Source City Water/Connected

Inclusions Building Land

Lot Size Area 0.87

Building Area Total 1883

Lot Dimensions 123x303x124x305

Lot Size Units Acres

Foundation Area 1883

Interior

Basement (Y/N) N

Street Suffix Street

Fuel Electric Natural Gas

Internal Only

Street Number 1 808

* Excluded Features

List By

Wolff & Simon Real Estate

Broker

eric@wolffsimon.com

Affordability Calculator

$2,505

Per Month

Monthly Principal & Interest: $1,917
Monthly Property Taxes: $588
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Park Rapids, MN

Average List Price ^$427,846

Percent of Sale Price 56%

About Park Rapids, MN

3,934 Population

12% Since 2002

^$35,932 Median Income

40.71 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709114 Elementary School

709313 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/5/2024	$274,500	-8.47%	Price Down
5/12/2023	$299,900		Listed Price

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808 1st Street E, Park Rapids, MN, 56470 is a Commercial Property for sale at $274,500 with 1,883 sqft and a lot size of 0.87. 808 1st Street E is a studio with 0.0 baths and was built in 1982. The property's zip code is 56470 which is in Park Rapids, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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808 1st Street E

Commercial Property for sale in Park Rapids, MN

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