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108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo
108 E Main Avenue, Frazee, MN 56544 Photo

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$310,000
Status: Active
108 E Main Avenue Frazee, MN 56544
  • Bedrooms
  • Total Baths
  • 4,035
    Square Feet
  • 0.41
    Acres
  • 1944
    Year Built
  • HOA

Property Description

Mixed-Use Investment Property ? Main Ave, FrazeeOutstanding investment opportunity in the heart of Frazee! This well-maintained mixed-use building offers a diversified income stream with both residential and commercial tenants in place. The property includes a one-bedroom apartment and a two-bedroom apartment, both currently leased, along with a commercial space currently occupied by a restaurant tenant. A fourth unit ? unfinished and ready to be built out as additional office or apartment space ? offers exciting upside potential for a buyer looking to add value.Situated on Main Ave with excellent road frontage and convenient side street parking, this property benefits from strong visibility and accessibility. Numerous updates have been completed throughout, including improvements to the commercial space and both residential apartments. Two unfinished basement areas provide ample utility and storage space. Sold with two parcels included, and no special assessments ? a clean, turnkey opportunity for investors seeking immediate cash flow with room to grow.Don't miss this rare chance to own a versatile, income-producing property in a prime downtown location!

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Property Features

MLS Number: 7131834
Days on Market: 31
Subdivision: Amended Plat/Frazee City
County: Becker
Bedrooms: 0
Total Square Feet: 4,035
New Constuction: No
Construction: Frame
Waterfront: No
Property Type: Commercial - Business
Basement: Yes
Cooling: Wall Unit(s)
Fuel Type: Electric, Natural Gas
Heating: Baseboard, Boiler, Hot Water, Radiant
Lot Size: 0.41 Acres
Road Frontage: City Street
Stories: 1.0
Taxes: $2,847
Year Built: 1944

Feature Descriptions

Basement: Block, Partial, Storage Space, Unfinished
Current Use: Commercial, Residential, Restaurant
Days on Site: 31
Exterior: Frame
Foundation Size: 3482
Lot Dimensions: .41 acres
Parcel#: 500045000
Parking: Gravel, Parking Lot, Units Vary
Sale Includes: Building, Land, Leases
Sewer: City Sewer/Connected
Units: 4
Utilities: Electric Separate
Water: City Water/Connected

Location

Listed By / Shown By

Listed By

Broker Name: Counselor Realty Detroit Lakes
Broker Phone: 218-844-5557

Shown By

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

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