1935 8Th St Baudette, MN 56623
This exceptional 435,600 square foot property in Baudette, Minnesota, presents a unique investment opportunity. Located at 1935 8th Street NW, this expansive land parcel includes a substantial 36x65 foot heated shop, built in 2012, ideal for various commercial or industrial uses. The shop boasts in-floor heat, a new forced air furnace, and a waste oil boiler, ensuring efficient and cost-effective operation. Two post lifts and a large air compressor are included, making it perfectly suited for automotive or similar businesses. A concrete slab with plumbing and water stub-outs is already in place, providing a foundation for future expansion, such as residential construction (camper or house). The property also features approximately 30 acres of land with established trails, offering recreational opportunities. While not currently zoned commercial, this listing reflects MLS requirements. The asking price is $299,900. This property is situated in Lake of the Woods County, Minnesota, zip code 56623, offering proximity to Lake of the Woods. The property's versatility and substantial size make it an attractive prospect for a wide range of buyers seeking a combination of commercial space, workshop facilities, and recreational land. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.