603-625 Oak St - Storefront Retail/Office FOR SALE


Brainerd, MN 56401
$2,300,000 USD
218-831-7510
603-625 Oak St, Brainerd, MN for Sale
$2,300,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | 7.04% Cap Rate

603-625 Oak St
Brainerd, MN 56401


HIGHLIGHTS

  • 90% Occupancy!
  • Prime Stoplight Corner!
  • Thriving Strip Center!

OVERVIEW

Discover an exceptional investment opportunity with this prime strip center, located at a high-visibility, stoplight-controlled intersection in Brainerd. Oak Place is a well-maintained, multi-tenant building boasting 90% occupancy, offering immediate income potential. Tenants enjoy excellent access and high traffic flow, with the added benefit of being within walking distance of downtown businesses, restaurants, parks, and more. This is your chance to acquire a highly sought-after property in a bustling area, ensuring a solid return on investment while becoming part of Brainerd’s vibrant community! Building Size: 17,912 SF Total; Ste 603: 2,006 SF (Legal Aid Service of NE MN); Ste 607: 1,500 SF (Hoffman Weber Construction); Ste 609: 2,233 SF (Panda Massage); Ste 611: 1,658 SF (Rising Hope Counseling); Ste 613: 1,242 SF (AVAILABLE); Ste 615: 2,214 SF (We Are Clinic); Ste 617: 4,140 SF (Core Professional Services); Ste 625: 2,580 SF (Slice on Oak); Utility: 339 SF

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

7.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oak Place

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

TC

APN/PARCEL ID

41241031,41241040

ASK ABOUT THIS PROPERTY

Christopher CloseClose ConverseMore Info
218-831-7510

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Christopher CloseClose ConverseMore Info
218-831-7510

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