For Sale: Frazee MLS# 6754207


























                        Active
                                            
                    
                    
                        $310,000
                    
                    
                                        
                    
                    
                    
                    Commercial:  1 Story
                    Built 1944
                    41 acres
                    Frazee-Vergas schools
                    
                    
                        MLS# 6754207                    
                    
                    
                                        
                
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Property Description
                                                                Excellent investment opportunity for commercial and residential rental property including 2 apartments currently being leased,  and commercial area currently leased as a restaurant.  Additional unit available for office/apartment space currently unfinished.  Located on Main Ave in Frazee with excellent road frontage with easy side street parking.  Many updates have been completed to this building including commercial space updates,  and 2 residential apartment updates.  No special assessments!  Property includes two parcels,  a one bedroom apartment,  a two bedroom apartment,  commercial space,  and an unfinished unit.  There are two unfinished basement areas for utility and storage.
                            
                                            Listing
                                                                    Listing Status:
                                                                    Active
                            
                                                        
                                                                    Contingency:
                                                                    None
                            
                                                        
                                                                    List Price:
                                                                    $310,000
                            
                                                        
                                                                    Property Type:
                                                                    Commercial
                            
                                                        
                                                                    City:
                                                                    Frazee
                            
                                                        
                                                                    Garage Spaces:
                                                                    0
                            
                                                        
                                                                    County:
                                                                    Becker
                            
                                                        
                                                                    Year Built:
                                                                    1944
                            
                                                        
                                                                    State:
                                                                    MN
                            
                                                        
                                                                    Property Style:
                                                                    1 Story
                            
                                                        
                                                                    Zip Code:
                                                                    56544
                            
                                                        
                                                                    Subdivision Name:
                                                                    Amended Plat/Frazee City
                            
                                            Interior
                                                                    Basement Details:
                                                                    
                                            - Block
 - Concrete
 - Partial
 - Storage Space
 - Unfinished
 
Exterior
                                                                    Stories:
                                                                    One
                            
                                                        
                                                                    Garage Spaces:
                                                                    0
                            
                                                        
                                                                    Other Parking Spaces:
                                                                    3
                            
                                                        
                                                                    Air Conditioning:
                                                                    Wall Unit(s)
                            
                                                        
                                                                    Foundation Size:
                                                                    3,482 ft2
                            
                                                        
                                                                    Foundation Dimensions:
                                                                    59x71
                            
                                                        
                                                                    Handicap Accessible:
                                                                    Other
                            
                                                        
                                                                    Heating System:
                                                                    
                                                        - Baseboard
 - Boiler
 - Hot Water
 - Radiant
 
                                                                    Parking Features:
                                                                    
                                                        - Gravel
 - Parking Lot
 - Units Vary
 
                                                                    Road Frontage:
                                                                    City Street
                            
                                                        
                                                                    Exterior Material:
                                                                    Steel Siding
                            
                                            Lot & Land
                                                                    Acres:
                                                                    41
                            
                                                        
                                                                    Geolocation:
                                                                    46.727078,  -95.700153
                            
                                                        
                                                                    Inclusions:
                                                                    Building, Land, Leases
                            
                                                        
                                                                    Lot Dimensions:
                                                                    .41 acres
                            
                                                        
                                                                    Addl Parcels:
                                                                    500049001
                            
                                                        
                                                                    Zoning:
                                                                    
                                            - Business/Commercial
 - Residential-Multi-Family
 
Schools
                                                                    School District:
                                                                    23
                            
                                                        
                                                                    District Phone:
                                                                    218-334-3181
                            
                                            
                                Financial & Taxes
                                                                    Tax Year:
                                                                    2025
                            
                                                        
                                                                    Annual Taxes:
                                                                    $2,590
                            
                                                        
                                                                    Lender-owned:
                                                                    No
                            
                                                        
                                                                    Assessment Pending:
                                                                    No
                            
                                                        
                                                                    Taxes w/ Assessments:
                                                                    $2,590
                            
                                            Units
                                                                    Total Units:
                                                                    4
                            
                                            Miscellaneous
                                                                    Current Use:
                                                                    
                                                        - Commercial
 - Residential
 - Restaurant
 
                                                                    Fuel System:
                                                                    
                                                        - Electric
 - Natural Gas
 
                                                                    Owner Occupied:
                                                                    No
                            
                                                        
                                                                    Sewer System:
                                                                    City Sewer/Connected
                            
                                                        
                                                                    Available Utilities:
                                                                    Electric Separate
                            
                                                        
                                                                    Water System:
                                                                    City Water/Connected
                            
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                        Listing provided by RMLS,
                            courtesy of Counselor Realty Detroit Lakes.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
                Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.


        