Ron Rheault
(701) 239-2233
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Listing Details
- $1,050,000
- MLS# 7152891
- Type Commercial - Office
- Status Active
Listed By
Agency Name: Northstar Real Estate Associates
Agency Phone: 651-451-2850
Shown By
Agent Name: Ron Rheault
Agent Phone: (701) 239-2233
Agency Title: Town & Country Realty
Home Value Estimate
Description
Excellent Investment Opportunity ? Child Care Center Building! The owner has invested over $300,000 in renovations, creating a well-appointed facility ready for continued use as a child care center. The property is currently leased for $8,000 per month with a 5-year lease term and an option to renew for an additional 5 years. The tenant is responsible for all utilities, providing the owner with a favorable expense structure. A strong opportunity for an investor seeking a leased commercial property with established income and significant improvements already completed.
Features
- Cooling: Central Air
- Heating: Forced Air
- Taxes: $18,410
- Water: City Water/Connected, City Water - In Street
- Year Built: 1964
Gallery
Listed By
Agency Name: Northstar Real Estate Associates
Agency Phone: 651-451-2850
Shown By
Agent Name: Ron Rheault
Agent Phone: (701) 239-2233
Agency Title: Town & Country Realty
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