Property profile

601 WASHINGTON ST Brainerd, MN 56401

OFF-MARKET
Financial Building
Property ID
US46-0841017
4,593 SF 0.41 ac lot Built 1963
Saved · see the list in your Dashboard

Property summary

AI-generated overview

A historic corner mixed-use building located at the intersection of Washington Street (Highway 210) and South 6th Street, directly across from a white water tower, with frontage on Washington Street. The property is configured with a lower-level restaurant space designed for food and beverage use and includes existing commercial kitchen infrastructure, along with an extensive inventory of commercial equipment and fixtures that were previously included with the restaurant area. The upper levels provide residential rental units totaling 8 apartments, and an additional commercial rental space fronts Washington Street. Access is supported by both on-street parking and a large off-street parking lot. The building’s historical use evolved from an office for the Brainerd Sawmill to later service connected to the Northern Pacific railroad depot, and it was subsequently used as Van’s Cafe and later the Sawmill Inn. It has benefited from corridor improvements associated with major MnDOT reconstruction of the Washington Street corridor, including streetscape, sidewalk, and trail connection work.

Property profile

Verified
Property type Financial Building
Year built 1963
Total area 4,593 SF
Lot 0.41 ac (17,857 SF)
APN 41040597
UPID US46-0841017

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
  • Bank Loan Service

Location

601 WASHINGTON ST Brainerd, MN 56401
Brainerd metro
Google Maps

Value estimations

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

Owner & transaction history

Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 601 WASHINGTON ST?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message