101 Main Avenue S, Red Lake Falls, MN
$529,000
10,000
Square feet
0.14
Acres
About 101 Main Avenue S
This is a great building and is ready to have the last four units finished off! Excellent tenants, great location, solid building and room to add a community center downstairs and keep expanding the patio area out back or upgrade the garages and bring another revenue stream in that way! We have a waiting list and new tenants looking all the time, you just need to finish what we started. The renovated units all have new windows, appliances, floors and bathrooms. We have low turnover (except 2 are mid term furnished rentals and stay consistently booked.) This is one you don't want to miss out on. We will keep working on the last units and update the price once they are finished and rented.
Features of 101 Main Avenue S
| MLS® # | 6680842 |
|---|---|
| Price | $529,000 |
| Square Footage | 10,000 |
| Acres | 0.14 |
| Year Built | 1910 |
| Type | Commercial |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 101 Main Avenue S |
|---|---|
| Subdivision | Rlf-C&D Add |
| City | Red Lake Falls |
| County | Red Lake |
| State | MN |
| Zip Code | 56750 |
Amenities
| Amenities | Coin-op Laundry Owned, In-Ground Sprinkler System |
|---|---|
| # of Garages | 2 |
| Garages | On-Street Parking Only |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Cooktop, Electric Water Heater, ENERGY STAR Qualified Appliances, Freezer, Microwave, Range, Refrigerator |
|---|---|
| Heating | Baseboard, Boiler |
| Cooling | Wall Unit(s), Window Unit(s) |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Daylight/Lookout Windows, Full, Owner Access, Partially Finished, Storage Space |
Exterior
| Lot Description | Corner Lot, Property Adjoins Public Land |
|---|---|
| Roof | Age Over 8 Years, Flat, Rubber |
| Construction | Brick/Stone |
School Information
| District | Red Lake Falls |
|---|
Additional Information
| Zoning | Business/Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $3,928 |
| Tax Year | 2024 |
| Office | 123 For Sale Realty |
Listing Details
| Office | 123 For Sale Realty |
|---|