109 Lk Ave Hackensack, MN 56452
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.