1014 Laurel StBrainerd, MN 56401

Property Details for 1014 Laurel St

Lot size

0.73 AC

Property size (Sq ft)

11,584 SF

Property type

Office properties

Property subtype

Other office properties

APN

41241216

APU

41241216

Description

This exceptional office space, located at 1014 Laurel Street in Brainerd, Minnesota, offers a unique opportunity to lease beautifully finished, turn-key suites within a historic building. The property, situated on a 0.72-acre lot in the heart of downtown Brainerd, boasts a total of 22,456 square feet, with multiple suites available ranging from a minimum of 660 square feet to a maximum contiguous space of 3,881 square feet. Currently, 4,541 square feet is vacant and ready for immediate occupancy. Built in 1910, the building features attractive architectural details and high ceilings ranging from 8 to 13 feet. The property is zoned B-3 Central Business District, providing flexibility for a variety of businesses. The building is equipped with robust power, including 800 Amp, three-phase service. This prime location offers easy access to other downtown businesses, restaurants, parks, and more, all within walking distance. The property's APN is 41241216, and it's located in Crow Wing County, Minnesota, zip code 56401. This is an excellent opportunity to establish a presence in a vibrant and convenient downtown setting. The property is ideal for businesses seeking executive or creative office space. Contact us today to learn more about leasing options and pricing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,129,778

  6.5%

  $1,965,949

  7%

  $1,825,524

• Comparable approach

  Method

  Valuation

  Relative Method

  $591,247

  Geo Method

  $591,247

• Alternative Use

  Use

  Valuation

  Residential

  $2,437,777

  Hospitality

  $2,232,991

  Educational

  $1,857,822

  Medical

  $1,921,716

  Retail

  $2,889,946

Location Insight

City

Brainerd

County

Crow Wing

State

Minnesota

Latitude

46.3554

Longitude

-94.1937

CBSA code

14660

CBSA name

BRAINERD, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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