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205 Elm Avenue

Moose Lake, MN 55767
  • $715,000
  • STATUS: Active
  • ON SITE: 119 Days
  • ID#: 6204690
$715,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,323
    SQFT
  • $215
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2001
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Coldwell Banker Realty.

Description

OPPORTUNITY TO BUY A SAFE INVESTMENT PROPERTY LEASED BY THE ("USPS") One of the main advantages of buying a Post Office is that you are purchasing the property +Fee Simple+ meaning you own the land and building but are also buying the rights as a landlord to take over the lease with the USPS as the tenant of the United States Federal Government which guarantees the rental income providing exceptional security on your investment. 3,323 interior square feet / 3 parcels equal 0.51 acres located on a corner lot in downtown Moose Lake, MN a block from a beautiful Moosehead Lake. This ("USPS") location is a Postal Hub (distro center) and has multiple carrier routes. Owners have recently signed a new 5-year lease with 5-year options upon expiration. Building is in very good condition and has been well maintained.

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IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pietig Properties Group | RE/MAX Advantage Plus are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pietig Properties Group | RE/MAX Advantage Plus is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pietig Properties Group | RE/MAX Advantage Plus, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-09-28T00:24:25.923.

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205 Elm Avenue Moose Lake, MN 55767

  • Price: $715,000
  • Status: Active
  • On Site: 119 Days
  • ID#: 6204690
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,323
SQFT
$215
$/SQFT
2001
Built
Neighborhood:
City Moose Lake
County:
Carlton
School District:
97 - Moose Lake
Property Description
OPPORTUNITY TO BUY A SAFE INVESTMENT PROPERTY LEASED BY THE ("USPS") One of the main advantages of buying a Post Office is that you are purchasing the property +Fee Simple+ meaning you own the land and building but are also buying the rights as a landlord to take over the lease with the USPS as the tenant of the United States Federal Government which guarantees the rental income providing exceptional security on your investment. 3,323 interior square feet / 3 parcels equal 0.51 acres located on a corner lot in downtown Moose Lake, MN a block from a beautiful Moosehead Lake. This ("USPS") location is a Postal Hub (distro center) and has multiple carrier routes. Owners have recently signed a new 5-year lease with 5-year options upon expiration. Building is in very good condition and has been well maintained.
Exterior Features

Construction Materials Brick/Stone Construction Materials Desc Brick Foundation Area 3323 Levels One Lot Features Corner LotTree Coverage - Light Lot Size Dimensions 0.51 Parking Features Paved Parking Open 24 Road Frontage Type City Street Roof AsphaltPitched

Interior Features

Basement SlabSingle Tenant Access Cooling Central Air Heating Forced Air Refrigerator Num None

Property Features

Accessibility Features Doors 36"+Hallways 42"+ Additional Parcels YN Yes Assessment Pending No Contingency None Current Use Professional/OfficeCommercial Electric Expense 0 Expenses 2000.0000 Foreclosure Status No Fuel Natural Gas Fuel Expense 0 Gross Income 66000 Inclusions BuildingBusinessLandLeases Insurance Expense 1200 Internet Options CableDslFiber OpticSatellite Land Lease Amount 0 Lender Owned No Maintenance Expense 0 Manager Expense 0 Net Operating Income 44000 Operating Expense 2000 Other Expense 0 Owner Pays Insurance Postal City Moose Lake Potential Short Sale No Property Sub Type Other Rental License YN No Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 12998 Tax With Assessments 12998.0000 Tax Year 2021 Tenant Pays Cable TvElectricityJanitorial ServiceGrounds CareSnow RemovalTaxesTrash CollectionWater Trash Expense 0 Utilities Electric SeparateHeating SeparateHot Water Separate Water Sewer Expense 0 Water Source City Water/Connected Zoning Description Business/Commercial

NorthstarMLS] logo © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Coldwell Banker Realty: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pietig Properties Group | RE/MAX Advantage Plus are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pietig Properties Group | RE/MAX Advantage Plus is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pietig Properties Group | RE/MAX Advantage Plus, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-09-28T00:24:25.923.

Click here for Digital Millennium Copyright Act
 
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The Pietig Properties Group | RE/MAX Advantage Plus
270 Elm Street E.
Annandale MN, 55302
NorthstarMLS] logo Listing courtesy of Coldwell Banker Realty.