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Mixed-Use Commercial Building

35494 County Road 3, Crosslake, MN 56442

For Sale
$999,900

Established local tenant mix with one lower-level rental space currently available.

Property Size10,000 SF
Price / SF$99.99
Days on Market105

Property Features for 35494 County Road 3

General Information

Standard status Active
Size 10,000 SF

Additional Details

Anchor Co-Tenants The North Salon, Up North Social, Wing Wellness

Taxes and HOA fees

Annual Taxes $9,395

Building Details

Tenancy Multi
Listing Agency: Northland Sotheby's International Realty
Listed By: Laura Pederson
Source: Exprealty
Added: Jul 29 Changed: Nov 3 Last Checked: Nov 10 at 11:03AM

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 Northland Sotheby's International Realty

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Investment Insights

Based on property information with market context.

This mixed-use commercial building contains approximately 10,000 square feet and is occupied by seven established businesses. Current tenants include The North Salon, Up North Social, Wing Wellness, and additional complementary local businesses. One lower-level rental space is currently available, providing flexibility within the existing configuration.

The property is located at 35494 County Road 3 in Crosslake, Minnesota, in the community’s central commercial area. Its setting serves year-round residents, seasonal visitors, and the surrounding tourism economy. The property also generates annual net rental income through its existing tenancy.

Key Highlights

  • Approximately 10,000 square feet of mixed‑use commercial space
  • Seven established businesses occupy the building
  • Current tenants include The North Salon, Up North Social, and Wing Wellness

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

251
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 71% Home Improvements & Furnishings 29%
Holiday Station Store Shops & Services
6,897 visits/mo 0.2 miles
Crosslake Ace Hardware Home Improvements & Furnishings
4,245 visits/mo 0.0 miles
Dollar General Shops & Services
3,567 visits/mo 0.2 miles

Demographics for 56442, MN

2,720
Population
3,415
Households
0.8
Avg Household Size
60
Median Age
34%
College-Educated
96%
High-School Grad
35.2 sq mi
ZIP Area
77
Density / Sq Mi
$85,179
Median Household Income
$45,481
Median Earnings
$1,071
Median Rent
$534,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Established local tenant mix with one lower-level rental space currently available.
Where is this mixed-use property located?
The property is located at 35494 County Road 3 Crosslake, MN.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Approximately 10,000 square feet of mixed‑use commercial space; Seven established businesses occupy the building; Current tenants include The North Salon, Up North Social, and Wing Wellness
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