Corner Retail and Medical
209 Washington St Brainerd, MN 56401
For Sale
Contact for pricing
Modern 2018 building with drive-thru lane, designed for retail or medical office uses with ample on-site parking.
Property Size3,550 SF
Price / SF$364.79
Days on Market111
Property Features for 209 Washington St
General Information
Standard status
Active
Size
3,550 SF
Property subtype
RETAIL
Listing Agency:
Close-Converse Commercial Properties
(218) 831-7510
Listed By:
Christopher C. Close
(218) 831-7510
Source:
Moodyscre
Added: Apr 8
Changed: Jul 25
Last Checked: Jul 26 at 12:16PM
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 modern commercial building was constructed in 2018 and is described as a turn-key opportunity for medical use or pharmacy. The property includes a functional interior layout that can accommodate retail showroom space, professional offices, or customer service areas.
Located on a highly visible commercial corner along the Washington Street corridor, the site is positioned for easy access and customer visibility. The building features a convenient drive-thru lane, along with ample on-site parking complemented by an adjacent parking lot.
The configuration supports flexible floorplan use across retail and office-oriented applications, with drive-thru capability intended for quick-service operations associated with pharmacy or related retail concepts.
Located on a highly visible commercial corner along the Washington Street corridor, the site is positioned for easy access and customer visibility. The building features a convenient drive-thru lane, along with ample on-site parking complemented by an adjacent parking lot.
The configuration supports flexible floorplan use across retail and office-oriented applications, with drive-thru capability intended for quick-service operations associated with pharmacy or related retail concepts.
Key Highlights
- Modern commercial building constructed in 2018 on a prominent Washington Street corner
- Drive‑thru lane designed for pharmacy, retail, office, or quick‑service restaurant concepts
- Flexible interior layout for retail showroom space, professional offices, or customer service areas
Financial Insights For Healthcare Medical
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 | $78.8k | $22.20 |
| − Vacancy | −$6.7k | −$1.89 |
| EGI | $72.1k | $20.31 |
| − OpEx | −$28.8k | −$8.13 |
| NOI | $43.3k | $12.19 |
3,550 SF · lease $22.20/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$618.1K
$540.8K – $721.1K
NOI $43,267 @ 7.0% cap · market cap 3.34%
Second Best
Specialty Retail
$607.9K
$532.0K – $709.3K
NOI $42,556 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$753.7K
$659.5K – $879.3K
NOI $52,756 @ 7.0% cap · market cap 4.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Jason P. Hinrichs, Pharm — 108 S 6th St, Brainerd, MN 56401
- Megan Krueger — 108 S 6th St, Brainerd, MN 564013575
- Laura J. Schwartzwald, RPH — 108 S 6th St, Brainerd, MN 56401
- Mark C. Carlson, PharmD — 108 S 6th St, Brainerd, MN 56401
- Katherine Rangen — 108 S 6th St SUITE 1, Brainerd, MN 564013575
Frequently Asked Questions
What type of property is this?
Drug store - Modern 2018 building with drive-thru lane, designed for retail or medical office uses with ample on-site parking.
Where is this drug store located?
The property is located at 209 Washington St Brainerd, MN.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Modern commercial building constructed in 2018 on a prominent Washington Street corner; Drive‑thru lane designed for pharmacy, retail, office, or quick‑service restaurant concepts; Flexible interior layout for retail showroom space, professional offices, or customer service areas
