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Active NEW!
$119,000
/mo Edit
Commercial:  1 Story
Built 1950
0.077 acres
MLS# 7011820
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    Property Description

    This versatile 2, 142 square foot commercial space is located in downtown Osakis, offering excellent visibility/accessibility. Positioned around nearby shops, dining, and local services, the property benefits from steady foot traffic and a strong small-town business community. Its central location makes it an attractive option for professionals, entrepreneurs, or investors looking to establish or expand a presence in downtown Osakis. The interior space is divided into six private units, two of which are currently leased at $450 per month. Each unit is well-suited for individual offices, treatment rooms, small retail or service-based operations. This configuration allows for multiple tenants, providing a diversified rental income opportunity for an owner or investor. A shared common area with 1/2 bath connects the private units and enhances the overall usability of the property. This communal space can serve as a welcoming reception area or waiting room adding value for tenants and their clients alike. Take advantage of no interior support walls making this property extremely easy to customize and fit your needs. The full basement adds another bonus for personal storage or more income potential. This is a your chance to own a flexible, income-producing commercial space in the center of Osakis.

    Listing

    Contingency: None
    City: Osakis
    County: Douglas
    State: MN
    Property Style: 1 Story
    Zip Code: 56360
    Subdivision Name: Original Osakis

    Interior

    Basement Details:
    • Block
    • Concrete
    • Full

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 1,071 ft2
    Foundation Dimensions: 51x21
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Gravel
    • On-Street Parking Only
    Exterior Material:
    • Block
    • Concrete
    • Steel Siding
    Roof Details: Metal

    Lot & Land

    Acres: 0.077
    Geolocation: 45.867306, -95.152566
    Inclusions: Building, Land, Leases
    Lot Dimensions: 132 x 26 x 132 x 26
    Zoning: Business/Commercial

    Schools

    School District: 1040
    District Phone: 3208592191

    Expenses

    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,924
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $1,924

    Income

    Annual Gross Income: $10,800

    Units

    Total Units: 6

    Miscellaneous

    Current Use:
    • Beauty/Barber Shop
    • Commercial
    • Professional/Office
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Hetland Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.