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Commercial/Apartment Building For Sale

312 NE 3rd Ave, Grand Rapids, Minnesota, United States
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Asking Price$595,000
RevenueUndisclosed Established1996
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
7,000  sq ft commercial/apartment building in downtown Grand Rapids. 1500 sq ft shop/warehouse area, 2000 sq ft retail area plus 3 apartments, all with 12 foot ceilings. New in 1996 with wood frame steel roof, siding and interior with in-floor heat on 5 city lots including off street parking for 16+ cars. Includes two nice 1 bedroom and one 2 bedroom apartments.  Remodeling done in 2018.  Rent $72,300.  total adjusted net 48,000.
Facilities:warehouse area, retail space, 3 apartments.
Growth Potential:yes
Training/Support:as needed
Seller Financing:cash sale
Sale Reason:retiring
Ad #108409
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Contact This Seller
Steven L. Bragg
Calhoun Companies
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