$700,000
$750,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
408 Lake ST NE Warroad, MN 56763
0.25 Acres Lot
Key Details
Sold Price $700,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5581641
Sold Date 10/01/20
Year Built 1906
Annual Tax Amount $12,568
Tax Year 2020
Contingent None
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 115X115
Property Description
TREMENDOUS INVESTMENT OPPORTUNITY! Come take a look at this nicely renovated building downtown Warroad! The building offers 17 apartments as well as prime Commercial Space in the heart of Warroad! The income generated from the building speaks for itself and offers any investor a unique opportunity to diversify their investment portfolio. The building has updated mechanicals, exterior finishes as well as extensive renovations done throughout the rental units.
Location
State MN
County Roseau
Zoning Business/Commercial,Residential-Multi-Family
Interior
Heating Boiler, Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Open
Utilities Available Heating Common, Heating Separate, Hot Water Common
Present Use Commercial,Hotel/Motel
Building
Foundation 9040
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Aluminum Siding,Brick/Stone
Schools
School District Warroad
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