305 Washington St Brainerd, MN 56401

Property Details for 305 Washington St

Year built

1960

Lot size

0.32 lot acres

Property size

6,387 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

41040641

APU

41040641

Description

This exceptional commercial property at 305 W Washington Street, Brainerd, MN, presents a prime multi-tenant investment opportunity. The 6,387 square foot building boasts five long-term tenants, ensuring consistent income. Its prime location offers high visibility and high traffic counts, maximizing exposure and potential. The property includes a 0.46-acre lot providing ample parking, with additional lease options for parking spaces available. Each of the five rental units features a private entrance, a covered roadside patio, a dedicated bathroom, and a shared mechanical room. Tenants are responsible for their own utilities, simplifying management. The building has been meticulously maintained, undergoing a Nor-son Construction remodel in 2012. The roof, fully adhered and approximately six years old, is in excellent condition. This well-maintained property offers a stable investment with strong potential for future growth, thanks to its desirable location and established tenant base. The combination of high visibility, ample parking, and well-maintained facilities makes this a truly attractive investment opportunity in the thriving Brainerd commercial market. The individual units' features, including private entrances and covered patios, enhance tenant satisfaction and retention. The property's strong financial performance is further supported by the long-term leases in place.

Location Insight

City

Brainerd

County

Crow Wing

State

Minnesota

Longitude

-94.2156

Latitude

46.3574

CBSA code

14660

CBSA name

BRAINERD, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments