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2012 Park Ave S

3,776 SF Retail Building Park Rapids, MN 56470 £489,031 (£130/SF)

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Investment Highlights

This successful marine sales and service business has operated a dedicated service from this location for over 21 years.

Fenced location with capacity for a large amount of boat storage.

Executive Summary

Financials available to qualified parties with signed Non-Disclosure and Confidentiality Agreement. There will be a limited list of exclusions including but not limited to the owner's personal tools and equipment. Essentially everything that is necessary to operate and grow the business is included in the offering. Inventory to be settled in cash at closing.

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

3,776 SF

Building Class

Year Built

1993

Price

£489,031

Price Per SF

£130

Tenancy

Single

Number of Floors

Loading Docks

2 Exterior

Building FAR

0.03

Land Acres

3.18 AC

Opportunity Zone

Yes

Zoning

Business/Commercial - Business/Commercial

Parking

11 Spaces (2.91 Spaces per 1,000 SF Leased)

Frontage

529 ft on Park Avenue South

Amenities

Fenced Lot
Signage

Storage Space

Air Conditioning

Smoke Detector

About 2012 Park Ave S , Park Rapids, MN 56470

Park Rapids Marine Business. This successful marine sales and service business has operated a dedicated service from this location for over 21 years. Offering a full line of boats, pontoons, docks and lifts. With 2,000 sq ft. of dedicated shop area with skilled technicians that provide a wide range of maintenance and repair services including shrink wrapping, coupled with a thriving and expanding customer base. The showroom, retail sales, service desk and parts portion of the business consists of 2.046 sq. ft. The building is in great condition and ready for continued operation. Conveniently located with great visibility and access to US Hwy 71 all set in a safe, fenced location with capacity for a large amount of boat storage.

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