Renovated Mixed-Use Building
For Sale
Contact for pricing
408 Lake Street NE, Warroad, MN 56763
Mixed-use building with apartments and commercial space in Warroad.
Property SizeContact for details
Days on Market150
Property Features for 408 Lake Street NE
General Information
Standard status
Active
Property subtype
Hospitality
Zoning
Business/Commercial, Residential-Multi-Family
Building Details
Year Built
1906
Listing Agency:
TruNorth Realty Inc
Listed By:
Robert Brellenthin · License #40620513
Source:
Crexi
Added: Mar 24
Changed: Aug 13
Last Checked: Aug 19 at 2:19AM
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 TruNorth Realty Inc
Investment Insights
Based on property information with market context.
This renovated building in downtown Warroad presents a significant investment opportunity. The property features 17 apartments and prime commercial space situated in the heart of Warroad. The building's income generation offers investors a chance to diversify their portfolios. Updated mechanical systems, exterior finishes, and extensive renovations throughout the rental units enhance the property's appeal.
Key Highlights
- Tremendous investment opportunity with income generation.
- 17 apartments plus prime commercial space.**
- Located in the heart of downtown Warroad.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Explore this area
Business Placement
Demographics for 56763, MN
5,132
Population
2,347
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
92%
High-School Grad
262.9 sq mi
ZIP Area
20
Density / Sq Mi
$70,357
Median Household Income
$47,471
Median Earnings
$830
Median Rent
$184,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Mixed-use building with apartments and commercial space in Warroad.
Where is this apartment building located?
The property is located at 408 Lake Street NE Warroad, MN.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Tremendous investment opportunity with income generation.; 17 apartments plus prime commercial space.**; Located in the heart of downtown Warroad.
