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Mixed-Use Property with Restaurant
For Sale
$589,900

601 Washington Street, Brainerd, MN 56401

Upper floors contain residential rentals alongside a separate street-facing commercial tenancy.

Property SizeContact for details
Days on Market172

Property Features for 601 Washington Street

General Information

Standard status Active
Property subtype Commercial
Lease Term []

Site & Location

Traffic Count 26,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Equipment Included Yes
Multifamily Units 8

Amenities

Partially Wheelchair

Building Details

Year Built 1908
Buildings 1
Listing Agency: Real Broker,LLC
Listed By: Brandon Hedlund
Source: C21atwood
Added: Apr 24 Changed: Oct 11 Last Checked: Oct 11 at 2:37PM

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 Real Broker,LLC

Investment Insights

Based on property information with market context.

This 1908 mixed-use building combines a restaurant space with eight rental units and an additional commercial rental facing Washington Street. Restaurant equipment and fixtures are included, and on-street parking is available along with an off-street lot. The property also has a corner position at Washington Street and South 6th Street, across from Brainerd’s white water tower.

The site fronts Highway 210, also known as Washington Street, a corridor with approximately 26,000 vehicles passing daily. MnDOT’s Washington Street corridor reconstruction includes streetscape work, sidewalks, and trail connections. The off-street lot may be used for parking or sold, and the listing remarks identify potential duplex use for the lot.

Key Highlights

  • Eight rental units plus one additional commercial rental
  • Restaurant space includes commercial equipment and fixtures
  • Frontage on Highway 210 / Washington Street, with roughly 26,000 vehicles passing daily

Property Analytics

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Current Use

Neighborhood National Bank Bank

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Storage Facility Plumbing Service (Bike/Boat/Book/etc) Store

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

8
Residential units
26,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

590
Businesses Nearby

Demographics for 56401, MN

30,632
Population
16,038
Households
1.9
Avg Household Size
40
Median Age
24%
College-Educated
94%
High-School Grad
322.6 sq mi
ZIP Area
95
Density / Sq Mi
$70,269
Median Household Income
$40,172
Median Earnings
$918
Median Rent
$237,900
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Upper floors contain residential rentals alongside a separate street-facing commercial tenancy.
Where is this mixed-use property located?
The property is located at 601 Washington Street Brainerd, MN.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Eight rental units plus one additional commercial rental; Restaurant space includes commercial equipment and fixtures; Frontage on Highway 210 / Washington Street, with roughly 26,000 vehicles passing daily
More about this property
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