621 Benton DrSauk Rapids, MN 56379

  • Commercial real estate
  • 3,200 SF
For Sale
$1,195,000 View listing

Property Details for 621 Benton Dr

Year built
2003
Lot size
0.32 AC
Property size (Sq ft)
3,200 SF
Property type
Commercial real estate
APN
19.00550.00
APU
190055000

Description

This exceptional 3,678 square foot retail storefront, located at 621 N Benton Drive in Sauk Rapids, Minnesota, presents a compelling investment opportunity. Priced at $1,195,000 ($324.90/sq ft), the property boasts a prime location with excellent visibility on Benton Drive. The single-building property features a recently installed roof, eliminating any deferred maintenance concerns. Currently, the building generates strong rental income from multiple leased units. One unit, a 1600 square foot office suite, is available for lease, offering further income potential. The property's strong tenant occupancy and minimal maintenance requirements contribute to a stable and attractive investment profile. The property is situated in Benton County, Minnesota, zip code 56379, and is conveniently located for easy access to local amenities and transportation routes. The property's zoning allows for C4D development, providing additional flexibility for future expansion or redevelopment. This is a rare opportunity to acquire a well-maintained, income-producing retail property in a thriving Minnesota market. Financial details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $673,419
    Hospitality
    $616,848
    Educational
    $513,211
    Medical
    $530,861
    Retail
    $798,328

Location Insight

City
Sauk Rapids
County
Benton
State
Minnesota
Latitude
45.5937
Longitude
-94.1737
CBSA code
41060
CBSA name
ST. CLOUD, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,920
$114,500
$483,400
$597,900
-
$114,500
$483,400
$597,900

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].