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    109 Lk Ave Hackensack, MN 56452

    Sponsored
    For Sale
    $425,900

    Live/Work Opportunity: Lake Views!

    Property size:
    3,560 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This unique Hackensack property offers a blend of residential comfort and commercial potential. The 3,560 square foot, single-story home features two bedrooms and one and a half bathrooms, providing ample living space. An open floor plan enhances the feeling of spaciousness, complemented by a cozy wood-burning fireplace. Attached is a two-car garage, offering convenient parking and storage. Beyond the home lies a significant advantage: a substantial workshop and commercial space. The heated 24x44 foot shop connects to a 16x44 foot storage area, seamlessly flowing into a 20x32 foot commercial/retail space complete with an office. This versatile layout presents numerous possibilities, from expanding the living space to establishing a home-based business or generating rental income. The property sits on a 0.14-acre corner lot on 1st Street, offering prime visibility across from the city park and boasting stunning Birch Lake views. Its convenient location places you within walking distance of local amenities, including shops, restaurants, the city park with its swimming area, and the Paul Bunyan Trail. Direct access to the Birch Lake boat launch adds to the property's appeal. This exceptional property is an ideal opportunity for those seeking a unique live-work arrangement or a lucrative investment in a desirable location. The possibilities are truly endless.

    Property Features for 109 Lk Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,560 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1993
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hackensack
    County
    Cass
    State
    Minnesota
    Longitude
    -94.52168
    Latitude
    46.93059

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    FAQs

    What type of property is this?
    Commercial real estate - Live/Work Opportunity: Lake Views!
    Where is this commercial real estate located?
    The property is located at 109 Lk Ave Hackensack, MN.
    What is the asking price?
    The asking price for this property is $425,900.
    (218) 675-7575
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 Lk Ave Hackensack, MN 56452
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