900 2Nd St Baudette, MN 56623
- Commercial real estate
- 1.68 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 900 2Nd St
- Lot size
- 1.68 lot acres
- Property type
- Commercial real estate
- APN
- 60.34.43.040
- APU
- 603443040
Description
This exceptional 1.68-acre commercial/industrial property, located at 900 2nd Street NW in Baudette, Minnesota, presents a unique investment opportunity. The property boasts excellent visibility and accessibility, situated conveniently off Highway 11, ensuring high traffic exposure for any business. The main structure is a substantial 4,800 square foot building, comprising a 120x40 foot shop and integrated office space, ideal for a variety of uses. This provides ample room for operations, storage, and administrative functions. In addition to the main shop, the property includes a secondary 80x40 foot shed, offering further storage or workshop capabilities. The expansive lot size allows for potential expansion or future development, catering to evolving business needs. This property is well-suited for a range of businesses seeking a prominent location with significant space and convenient highway access. The asking price of $259,900 represents a compelling value for this substantial commercial property in a desirable location. Serious inquiries are encouraged to explore the possibilities this property offers. The property's location on Highway 11 ensures high visibility and easy access for customers and employees. This is a rare opportunity to acquire a well-established commercial property in Baudette, Minnesota.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $200,000
- 7%
- $175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $190,000
- Geo Method
- $185,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $195,000
- Mixed-Use
- $195,000
- Hospitality
- $180,000
- Educational
- $170,000
- Residential Income
- $230,000
- Energy
- $195,000
- Income-Based Land
- $225,000
- Food Service
- $225,000
Location Insight
- Map
- Local Demand
- City
- Baudette
- County
- Lake Of The Woods
- State
- Minnesota
- Longitude
- -94.6135
- Latitude
- 48.7147