111 Division Street Sauk Rapids, MN ^$ 500,000

111 Division Street

^$ 500,000

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111 Division Street

Sauk Rapids, MN, 56379

^$ 500,000

Studio Baths0.0 Sq 6,500

Monthly Estimate*

^$ 3,493

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Studio

Commercial Property for sale in Sauk Rapids, MN

for $500,000. This 6,500 square foot building was built in 1950 on a lot size of 0.18.

Welcome to 111 Division Street, a remarkable commercial building located in the heart of Sauk Rapids. This property presents an exceptional opportunity for entrepreneurs, business owners, and investors looking to establish or expand their presence in a thriving community. Its prime location on Division Street offers excellent visibility and easy access, ensuring maximum exposure for any business venture.

Commercial Active

Price

^$ 500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,864

Style

Office,Retail

Lot Size

0.18

Year Built

1950

Town/City

Sauk Rapids

County/Region

Benton

MLS | Web ID

6509007

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Common Heating Common

Garage Spaces 0

Construction Materials Brick/Stone Stucco

Year Built 1950

Property SubType Office Retail

Tax Year 2022

Current Use Professional/Office

Gross Income 80400

Accessibility Other

County Benton

Net Operating Income 56400

Operating Expense 24000

Insurance Expense 2500

Property Type Commercial Sale

Contingency None

Subdivision Name Town Of Sauk Rapids

Directions Benton Drive to Division Street

City Sauk Rapids

Buyer Agent Compensation 2.70

High School District Sauk Rapids-Rice

Zoning Description Business/Commercial

Total Units 10

Street Name Division

Land Lease Y/N N

Tax Annual Amount 2864

Electric Expense 7200

Fuel Expense 7200

Trash Expense 400

Water Sewer Expense 1000

Additional Parcels Y/N N

Days on Market 22

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Block Full

Basement (Y/N) Y

Street Suffix Street

Fuel Natural Gas

Exterior

Parking Features On-Street Parking Only Other Parking Lot

Water Source City Water/Connected

Inclusions Building Land

Lot Size Area 0.18

Building Area Total 6500

Lot Dimensions 8000

Lot Size Units Acres

Foundation Area 6500

Internal Only

Street Number 1 111

* Excluded Features

List By

Re/Max Results

Broker

jeremy.danielson@results.net

Affordability Calculator

$3,731

Per Month

Monthly Principal & Interest: $3,493
Monthly Property Taxes: $239
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 Sauk Rapids, MN

Average List Price ^$1,150,003

Percent of Sale Price 130%

About Sauk Rapids, MN

13,214 Population

24% Since 2002

^$48,681 Median Income

36.53 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708359 Elementary School

708670 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2024	$500,000		Listed Price

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111 Division Street, Sauk Rapids, MN, 56379 is a Commercial Property for sale at $500,000 with 6,500 sqft and a lot size of 0.18. 111 Division Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 56379 which is in Sauk 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 4/29/2024.

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111 Division Street

Commercial Property for sale in Sauk Rapids, MN

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