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Brainerd, MN 56401

$3,400,000
Property Type: Commercial Square Footage: 19,811 Lot Size (sq. ft.): 115,434 Status: Closed
Current Price: $3,400,000 List Date: 9/12/2025 Last Modified: 8/27/2026

Overview

Description

Prime investment opportunity at Baxter Village! Position yourself for long-term success with the purchase of Baxter Village, a premier retail and office center strategically located along the thriving Hwy 371 corridor. This well-maintained property features several established tenants with Boulder Tap House as the anchor, offering a strong and stable income stream. With excellent visibility, convenient access, and high traffic counts, Baxter Village is situated in one of Central Minnesota’s most active commercial districts. The property benefits from a diverse tenant mix including restaurant, retail, medical, and service businesses—creating built-in synergy and long-term value for investors. Highlights include a spacious parking lot, professional curb appeal, and a growing local population that continues to fuel demand. This is a rare chance to acquire an income-producing retail center in a prime Baxter location.

Listing Details MLS# 6788022

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
122
Owner Occupied
No
Waterfront YN
No
Year Built
2005
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
19811
For Sale or Lease
For Sale
Acres
2.65
Lot Dimensions
329.58x300
Assessment Pending
No

Property Features

Accessible: No Stairs External; No Stairs Internal Air Conditioning: Central Air CMU Style: Retail/Shopping Center Construction Materials: Frame Construction Status: Previously Owned Current Use: Commercial; Food Service; Office; Professional Service; Retail Exterior: Brick/Stone; Stucco Financing Terms: Cash Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Location Description: Free Standing; Shopping Center; Strip Center On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot; Paved Lot; Uncovered/Open Potential Use: Income Road Frontage: City Street; Curbs; Paved Streets; State Road; Storm Sewer; Street Lights Roof: Flat Sewer: City Sewer/Connected Stories: One Topography: Level Water: City Water/Connected

Contract Information

Off Market Date
2026-02-09
Closed Date
2026-02-06
Sales Close Price
3400000
Contingency
None
ListPrice
3700000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

Postal City
Brainerd
County
Crow Wing
State
MN
Zip Code
56401
Complex/Dev/Subdivision
Baxter Village

Assessments

Tax With Assessments
41578

Building Information

Building Finished SqFt
19811
Building SqFt
19811

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
28
Section#
31
Township#
134

Sale Options

Sale Includes
Building, Land, Leases

Unit Details

Total Units
7
IDX
Listing Office: Close-Converse Commercial Prop
Last Updated: August - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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