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Sold
$950,000  (list price)
$895,000
/mo Edit
Commercial:  Business Opportunity
Built 1992
4.31 acres
Aitkin schools
MLS# 5661816
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    Property Description

    MOTIVATED SELLER WILL CONSIDER ALL OFFERS, INCLUDING LEASE OR LEASE WITH OPTION TO BUY. ASK ABOUT HELP WITH FUNDING AT FEDERAL & STATE LEVELS. RARE OPPORTUNITY TO OWN THIS PROFITABLE LOCATION FORMERLY OCCUPIED BY SHOPKO, WHICH IS SITUATED ON STATE HIGHWAY 169, ON A ROUNDABOUT AT A MAJOR CROSSROADS TO THE AITKIN LAKES AREA, A RECREATIONAL DESTINATION WITHIN 2 HOURS OF THE METRO. SHOPKO OPERATION FROM THIS LOCATION ENJOYED NEARLY $6 MILLION ANNUALLY IN SALES ! DON'T LET THIS OPPORTUNITY PASS YOU BY !

    Listing

    Contingency: None
    City: Aitkin
    County: Aitkin
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56431

    Interior

    Building Finished Area: 35,615 ft2
    Basement Details: Slab

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 50
    Air Conditioning: Central Air
    Heating System: Forced Air
    Foundation Size: 35,615 ft2
    Handicap Accessible: No Stairs Internal
    Road Frontage:
    • City Street
    • Paved Streets
    • State Road
    Exterior Material: Block
    Roof Details:
    • Other
    • Tar/Gravel

    Lot

    Acres: 4.31
    Geolocation: 46.51542279, -93.70602710
    Lot Dimensions: 4 ACRES
    Zoning: Business/Commercial
    Lot Description: Irregular Lot

    Schools

    School District: 8001
    District Phone: 218-927-2115

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $24,212
    Assessment Pending: No
    Taxes w/ Assessments: $24,212

    Income

    Annual Gross Income: $6,000,000

    Unit

    Total Rooms in Unit 1: 0
    Total Rooms in Unit 2: 0
    Total Rooms in Unit 3: 0
    Total Units: 1
    Number of Efficiencies: 0

    Miscellaneous

    Current Use:
    • Retail
    • Vacant
    • Warehouse
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    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

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Northland.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.