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Property profile & analytics
OFF-MARKET
Warehouses

4326 Lk St Pequot Lakes, MN 56472

5,200 SF 1.47 ac lot Built 1974
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 4326 W Lake St in Pequot Lakes, Minnesota, presents a unique investment opportunity. The 5,200 square foot building sits on a 1.47-acre lot (approximately 253.90’ x 284.38’ x 219.80’ x 109.64’ x 25.18’ x 173.18’) and is zoned DMU-Downtown Mixed Use, offering versatility for a variety of businesses. The property features a 1,500 square foot retail space and a 3,700 square foot warehouse, ideal for businesses needing both retail and storage space. The warehouse boasts three dock-high doors (two measuring 14'W x 10'H and one 10'W x 10'H), providing convenient loading and unloading capabilities. Both the retail and warehouse areas have 7' to 8' ceilings, concrete foundations, steel roofs, and steel exteriors. The retail space includes one bathroom and central air conditioning, while the warehouse is heated by natural gas forced air. Both buildings have 100-amp single-phase electrical service and fluorescent lighting. The property is serviced by city water and sewer. Ample parking is available in a large gravel lot. Built in 1974, this property offers a blend of established infrastructure and significant potential. The asking price is $349,000 (reduced from $385,000), and the 2024 annual property tax is $2,910. This property is perfectly situated to benefit from both local and tourist traffic, making it an ideal location for expanding your business. APN: 29100973, 29100976 & 29100977.

Property profile
Verified
Property type Warehouses
Year built 1974
Total area 5,200 SF
Lot 1.47 ac (64,033 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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