1008 S Broadway, Pelican Rapids, MN 56572

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Other Parking Spaces: 33
Owner Occupied: No
Year Built: 2005
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Size SqFt: 31500
Foundation Size: 8000
For Sale or Lease: For Sale
Lot Dimensions: 210x150
Assessment Pending: Unknown
Garage Stalls: 0

Property Features

Accessible: Doors 36"+; Fully Wheelchair; No Stairs External; No Stairs Internal Air Conditioning: Central Air CMU Style: Retail/Shopping Center Construction Status: Previously Owned Current Use: Retail; Wholesale Existing Financing: Free and Clear Exterior: Brick/Stone; Metal Financing Terms: Cash Flooring: Concrete Slab; Vinyl/Linoleum Fuel: Electric; Natural Gas Heating: Forced Air Lease Details: Triple Net Loan Terms: Cash; Conventional Location Description: Free Standing Lock Box Type: None Lot Description: Corner Lot On Site Utilities: Electric Common; Electric Separate; Heating Separate; Hot Water Separate Owner Pays: None Parking Characteristics: Paved Lot; Uncovered/Open Rent Rate per Foot: Per Month Road Frontage: City Street; Highway; Paved Streets; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Rubber Sewer: City Sewer/Connected Tenant Pays: Broadband; Cable TV; Electricity; Fuel; Insurance; Janitorial Service; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection; Water; Other Water: City Water/Connected

Contract Information

Off Market Date: 2024-08-16
Closed Date: 2024-06-18
Sales Close Price: 415000
Contingency: None
ListPrice: 515000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1008
Street Direction Prefix: S
Street Name: Broadway
Postal City: Pelican Rapids
County: Otter Tail
State: MN
Zip Code: 56572
Complex/Dev/Subdivision: Ackermans 1st Add

Assessments

Tax With Assessments: 11678
Assessment Balance: 0

Basement

Foundation Dimensions: 80x100

More Information

Building Information

Building Finished SqFt: 8000
Building SqFt: 8000
Ceiling Height: 11-15

Lease Details

Land Leased: Not Applicable
Lease Amount Type: Monthly
Monthly Land Lease Amt: 0
Triple Net: Yes

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 43
Section#: 27
Township#: 136

Sale Options

Sale Includes: Building, Land, Leases

Unit Details

Total Units: Yes

Office/Member Info

Association: SCAAR
MLSID: RMLS

Location, Tax and Other Information

Legal Description: SECT-27 TWP-136 RANGE-043 ACKERMAN'S 1ST ADDN LOTS 1,2,3,12 & N 5' OF LOT 7 BLK 4
Listing City: Pelican Rapids
Map Page: 999
Municipality: Pelican Rapids
Rental License?: No
School District: Pelican Rapids
School District Phone: 218-863-5910
Map Coordinate Source: RETS
Property ID Number: 76000990179000
Tax Year: 2022
Tax Amount: 11678
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Well kept retail store on Broadway Street/State Hwy 59. Main Road thru town. 8,000 SF. Red Iron structural steel framing, new roof in 2014, 20 year warranty.
Directions: 94 to US-59N/Viking Trail (take exit 50 from I-94 W), down 59 for 15.6 miles then destination will be on your left

Accessible

Doors 36"+: Yes
Fully Wheelchair: Yes
No Stairs External: Yes
No Stairs Internal: Yes

Air Conditioning

Central Air: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Free and Clear: Yes

Exterior

Brick/Stone: Yes
Metal: Yes

Financing Terms

Cash: Yes

Flooring

Concrete Slab: Yes
Vinyl/Linoleum: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes

Lock Box Type

None: Yes

Lot Description

Corner Lot: Yes

Owner Pays

None: Yes

Parking Characteristics

Paved Lot: Yes
Uncovered/Open: Yes

Road Frontage

City Street: Yes
Highway: Yes
Paved Streets: Yes
Storm Sewer: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Rubber: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

Tenant Pays

Broadband: Yes
Cable TV: Yes
Electricity: Yes
Fuel: Yes
Insurance: Yes
Janitorial Service: Yes
Lawn: Yes
Maintenance/Repair: Yes
Other: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

On Site Utilities

Electric Common: Yes
Electric Separate: Yes
Heating Separate: Yes
Hot Water Separate: Yes

CMU Style

Retail/Shopping Center: Yes

Current Use

Retail: Yes
Wholesale: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Location Description

Free Standing: Yes

Rent Rate per Foot

Per Month: Yes