202 1st NW st
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202 1st NW st
4,000 SF Speciality Building Offered at £547,715 at a 10.71% Net Initial Yield in Deer River, MN 56636
Investment Highlights
- Hwy accessable
- long history of outstanding community service repairing vehicles
- Heavy/high traffic area
Executive Summary
This turn-key business is ready for your client to step right into a successful 27+ year business.
Deer River Tire & Auto is selling the building and business with a long standing history at this location.
Cash flow $70-100k a year.
Room to add a diesel mechanic or expansion
Financial provided after a showing property and proof of funds/seriousness to buy.
Deer River Tire & Auto is selling the building and business with a long standing history at this location.
Cash flow $70-100k a year.
Room to add a diesel mechanic or expansion
Financial provided after a showing property and proof of funds/seriousness to buy.
Property Facts
| Price | £547,715 | Lot Size | 0.26 AC |
| Price Per SF | £137 | Building Size | 4,000 SF |
| Sale Type | Investment or Owner User | Number of Floors | 1 |
| Net Initial Yield | 10.71% | Year Built | 1972 |
| Sale Conditions | Business Value Included | Parking Ratio | 2.5/1,000 SF |
| Property Type | Speciality | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | £547,715 |
| Price Per SF | £137 |
| Sale Type | Investment or Owner User |
| Net Initial Yield | 10.71% |
| Sale Conditions | Business Value Included |
| Property Type | Speciality |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 4,000 SF |
| Number of Floors | 1 |
| Year Built | 1972 |
| Parking Ratio | 2.5/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
About 202 1st NW st , Deer River, MN 56636
DEER RIVER TOWNSITE LOTS 14-15 & VAC E 30FT OF 1ST ST NW LYG W & ADJ TO LOT 15 BLK 1 From Grand Rapids MN, West on Hwy 2 12.8 miles, right on 1st St NW. 240 ft to destination
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PROPERTY TAXES
| Parcel Number | 89-410-0150 | Improvements Assessment | £30,281 |
| Land Assessment | £10,328 | Total Assessment | £40,609 |
PROPERTY TAXES
Parcel Number
89-410-0150
Land Assessment
£10,328
Improvements Assessment
£30,281
Total Assessment
£40,609
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202 1st NW st
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