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For Sale:  Pine City MLS# 7050325

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Active
$339,000
/mo Edit
Commercial:  1 Story
1 br • 3 ba • Built 1971
0.32 acres
Pine City schools
MLS# 7050325
763-576-8286
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    Property Description

    Opportunity for investors seeking a flexible mixed-use income property in Pine City. The building features a renovated lower level one-bedroom apartment that is clean, updated, and well suited for long-term rental income. The main level includes multiple office suites, a large classroom or gathering room, and a conference room, offering versatile space for professional tenants, training or education uses, nonprofit organizations, or service businesses. A large parking lot provides ample off-street parking for staff and visitors, and two private garages add valuable storage or additional rental potential. The layout allows for multiple tenant configurations, making this an appealing option for investors looking to lease office space while generating residential income from the apartment below. A solid opportunity to add a mixed-use property with diverse income potential to your portfolio.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $339,000
    Property Type: Commercial
    City: Pine City
    Garage Spaces: 2
    County: Pine
    Year Built: 1971
    State: MN
    Property Style: 1 Story
    Zip Code: 55063
    Subdivision Name: Aud Sub

    Interior

    Bedrooms: 1
    Bathrooms: 3
    Appliances Included:
    • Dryer
    • Gas Water Heater
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Partially Finished
    • Sump Pump

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 768 ft2
    Foundation Size: 1,632 ft2
    Handicap Accessible: No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    • Guest Parking
    • Parking Lot
    Road Frontage:
    • Highway
    • Paved Streets
    • Street Lights
    Roof Details: Composition

    Lot & Land

    Acres: 0.32
    Geolocation: 45.819318, -92.972201
    Inclusions: Building
    Lot Dimensions: 97 x 145 x 97 x 144
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 578
    District Phone: 3206294010

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,390
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $5,402

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Professional/Office
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected
    Power Company Name: East Central Energy

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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 Brick & Banister Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.