Property profile

21 Washington St Brainerd, MN 56401

OFF-MARKET
Office Spaces
Property ID
US46-0740410
1,208 SF 0.21 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,416 square foot office building is ideally situated on a 0.21-acre lot at 21 Washington Street in Brainerd, Minnesota. Its prominent corner location on the busy Washington Street corridor ensures high traffic and excellent visibility, providing unparalleled exposure for any business. The building's versatile split-level design offers flexibility for a variety of uses, accommodating businesses needing either one level or the entire space. The property is offered at $275,000 and is fully turn-key, meaning it's ready for immediate occupancy. This presents a rare opportunity to acquire a well-located, functional office building in a thriving area. The high-traffic location and adaptable layout make this property an attractive investment for businesses seeking a strong presence in Brainerd. Don't miss this chance to secure a prime commercial space in a desirable location. The building's condition is ready for immediate use, minimizing upfront costs and maximizing return on investment. This is a truly exceptional opportunity for business owners seeking a move-in ready space with excellent visibility and accessibility. The property's size and layout offer significant potential for growth and expansion.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1986
Total area 1,208 SF
Lot 0.21 ac (9,018 SF)
APN 41251142
UPID US46-0740410

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Insurance Agency

Location

21 Washington St Brainerd, MN 56401-3334
Brainerd metro Census 951200 BRAINERD, MN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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