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    603-625 Oak St Brainerd, MN 56401

    For Sale
    $2,300,000

    Prime location, multi-tenant, strong income.

    Property size:
    17,912 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 17,912 square foot retail property, situated on a 1.03-acre lot at 603-625 Oak Street in Brainerd, Minnesota, presents a compelling investment opportunity. The property is a well-maintained multi-tenant strip center enjoying a 90% occupancy rate, generating immediate and substantial income. Its strategic location at a high-visibility, stoplight-controlled intersection ensures maximum exposure and high traffic flow. Tenants benefit from excellent accessibility and the convenience of being within walking distance of Brainerd's vibrant downtown core, including numerous businesses, restaurants, and parks. This property offers a rare chance to acquire a highly desirable asset in a thriving community, promising a strong return on investment for the discerning buyer. The building's solid construction and current high occupancy rate contribute to its financial stability and potential for future growth. The property's prime location and established tenant base make it an attractive investment for those seeking a stable and profitable commercial venture in a desirable Minnesota market. The asking price is $2,300,000.

    Property Features for 603-625 Oak St

    General Information

    Property type
    Retail properties
    Square Feet
    17,912 SF
    Lot Size
    44,867 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brainerd
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.20049
    Latitude
    46.35301

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    FAQs

    What type of property is this?
    Retail property - Prime location, multi-tenant, strong income.
    Where is this retail property located?
    The property is located at 603-625 Oak St Brainerd, MN.
    What is the asking price?
    The asking price for this property is $2,300,000.
    (218) 828-3334
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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
    603-625 Oak St Brainerd, MN 56401
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