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107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo
107 Minnesota Avenue E, Walker, MN 56484 Photo

35 Total Photos [Click to View All]

$1,150,000
Status: Active
107 Minnesota Avenue E Walker, MN 56484
  • Bedrooms
  • Total Baths
  • 5,233
    Square Feet
  • 1.50
    Acres
  • 1950
    Year Built
  • HOA

Property Description

Exceptional investment opportunity in Walker, Minnesota, overlooking the shores of Leech Lake. This fully remodeled 14-unit apartment property offers strong income potential with a cap rate over 7% in one of northern Minnesota's most popular year-round destinations.The property features one spacious 3-bedroom, 1-bath unit, ten 1-bedroom, 1-bath units, and three efficiency units. All 14 units have been recently renovated with updated interiors and modern finishes, creating a turnkey opportunity with limited immediate capital improvements needed.Three units are currently operated as Airbnb rentals, providing a blend of long-term and short-term rental income and the opportunity to capitalize on Walker's strong tourism market. The setting offers scenic views of Leech Lake while providing convenient access to downtown Walker, dining, shopping, marina access, and area recreation.Boating, fishing, snowmobiling, biking, and trail systems draw visitors to the area throughout the year. With its remodeled condition, diversified rental strategy, lake views, and desirable Walker location, this property presents an attractive opportunity for investors seeking established cash flow with additional income and long-term growth potential.

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Property Features

MLS Number: 7146450
Days on Market: 2
Subdivision: Commercial Clubs 1st Add
County: Cass
Bedrooms: 0
Total Square Feet: 5,233
New Constuction: No
Construction: Frame
Waterfront: No
Property Type: Commercial - Business
Cooling: Wall Unit(s)
Fuel Type: Electric, Propane
Garage: 6
Heating: Baseboard
Lot Size: 1.50 Acres
Road Frontage: City Street
Roof Type: Age 8 Years or Less
Stories: 1.0
Taxes: $8,596
Year Built: 1950

Feature Descriptions

Basement: None
Current Use: Commercial, Hotel/Motel, Residential
Days on Site: 2
Exterior: Frame
Foundation Size: 5233
Handicap Accessible: No Stairs External, No Stairs Internal
Lot Dimensions: 365x188x201x272
Parcel#: 963510611
Parking: Detached Garage, Asphalt, Parking Lot
Sale Includes: Building, Business Assets, Business, Land, Leases
Sewer: City Sewer/Connected
Units: 14
Utilities: Electric Common, Heating Common
Water: City Water/Connected
Waterfront: Lake View

Location

Listed By / Shown By

Listed By

Broker Name: Coldwell Banker Realty
Broker Phone: 218-395-9239

Shown By

Broker Title: Lakes Partners
Broker Phone: 218-790-1468

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