2012 Park S Ave Park Rapids, MN 56470-2256
- Retail space
- 3,776 SF
- 1.53 lot acres
Apr 21, 2025
Current Use by Public Records
- Retail space
Property Details for 2012 Park S Ave
- Year built
- 1993
- Lot size
- 1.53 lot acres
- Property size
- 3,776 SF
- Property type
- Retail space
- APN
- 32.35.00100
- APU
- 323500100
Description
This exceptional 3,776 square foot storefront in Park Rapids, Minnesota, presents a unique investment opportunity. Located on Park Ave S, this property boasts a prime location with excellent visibility and convenient access to US Hwy 71. Built in 1993, the single-story building sits on a 3.18-acre lot and includes 20 parking spaces, ensuring ample room for customers and inventory. The property features a 2,000 square foot shop area equipped to handle a wide range of marine maintenance and repair services, including shrink wrapping. A thriving 2,046 square foot showroom, retail sales area, service desk, and parts department complement the shop. This established marine sales and service business has operated successfully for over 21 years, offering boats, pontoons, docks, and lifts. The building is in excellent condition and ready for immediate operation. The safe, fenced location provides ample space for boat storage. The asking price is $640,000, with a price per square foot of $169.49. The property is zoned commercial and offers significant potential for continued growth and profitability. This is a rare opportunity to acquire a well-established business with a strong track record in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Park Rapids
- County
- Hubbard
- State
- Minnesota
- Longitude
- -95.0589
- Latitude
- 46.9019