104 Park Ave N - Medical FOR SALE


Park Rapids, MN 56470
$1,289,000 USD
949-689-5637
104 Park Ave N, Park Rapids, MN for Sale
$1,289,000 USD
Medical - FOR SALE
1/42
null | 5.61% Cap Rate

Sep '25


104 Park Ave N
Park Rapids, MN 56470


HIGHLIGHTS

  • Great curb appeal and upscale professional image. High quality cosmetic finishes. Well maintained. Fully ADA accessible.Great Visibility.

OVERVIEW

Park Rapids' most prestigious location for the business professional. Located at the intersection of two major state highways. Excellent visibility with the highest traffic counts in the region. Seven climate zones with dual fuel heat pumps and four 93.5% efficient natural gas forced air furnances for year-round comfort and efficient low-cost heating and cooling. Fully ADA accessible. 100% leased and great rental history. Excellent maintenance history. This is a well performing investment quality business property suitable for long term income or an owner/operator to buy and occupy and collect rents from stable long term tenants. Very rare purpose-designed building for professional practicioners who need to present an appealing and professional image for their clients in the Heartland Lakes Region of North-Central Minnesota and downtown Park Rapids.

FOR SALE DETAILS

PRICE

$1,289,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

5.61%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Park Rapids Business Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

undefined, Loft/Creative Space, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

Commercial

APN/PARCEL ID

32.41.00601

ASK ABOUT THIS PROPERTY

Alan ZemekLRS Realty & Management, Inc.More Info
949-689-5637

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Alan ZemekLRS Realty & Management, Inc.More Info
949-689-5637

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.