End-Cap Retail Building in
14307 Gould Street Crosslake, MN 56442
14307 Gould Street, Crosslake, MN, 56442
Contact for pricing
For Sale
Contact for pricing
End-cap retail building in a mixed retail and office shopping center anchored by a public entertainment square.
Property Size1,725 SF
Price / SF$115.36
Days on Market54
Property Features for 14307 Gould Street
General Information
- Standard status
- Active
- Size
- 1,725 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agency
Close-Converse Commercial Properties
(218) 828-3334
Listed by
Chris Close, CCIM · License #MN 20286846
Source
Crexi
Added: May 30 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 7:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Close-Converse Commercial Properties
Investment Insights
Based on property information with market context.
This for-sale end-cap retail building is part of Crosslake Town Square, a well-established retail center with a mix of retail and professional office tenants. The end-cap configuration is designed to provide a clear retail storefront presence within the shopping center.
The center is organized around a public entertainment square, with community events and seasonal tourism cited as drivers of activity. The setting is positioned for walkable customer access within the retail hub.
For retailers and service-based businesses looking to establish or relocate, the end-cap location within a multi-tenant environment can support visibility to both event attendees and ongoing center visitors. This property also fits buyers evaluating a retail purchase in a shopping center that blends retail frontage with professional office tenancy.
The center is organized around a public entertainment square, with community events and seasonal tourism cited as drivers of activity. The setting is positioned for walkable customer access within the retail hub.
For retailers and service-based businesses looking to establish or relocate, the end-cap location within a multi-tenant environment can support visibility to both event attendees and ongoing center visitors. This property also fits buyers evaluating a retail purchase in a shopping center that blends retail frontage with professional office tenancy.
Key Highlights
- End‑cap retail building in a mixed retail and office shopping center.
- Built in 2003.
- Located within Crosslake Town Square, centered around a public entertainment square.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.8k | $14.40 |
| − Vacancy | −$2.0k | −$1.15 |
| EGI | $22.9k | $13.25 |
| − OpEx | −$6.9k | −$3.97 |
| NOI | $16.0k | $9.27 |
1,725 SF · lease $14.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$228.5K
$200.0K – $266.6K
NOI $15,997 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$366.2K
$320.4K – $427.3K
NOI $25,635 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - End-cap retail building in a mixed retail and office shopping center anchored by a public entertainment square.
Where is this storefront property located?
The property is located at 14307 Gould Street Crosslake, MN.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: End‑cap retail building in a mixed retail and office shopping center.; Built in 2003.; Located within Crosslake Town Square, centered around a public entertainment square.
