520 Washington StBrainerd, MN 56401

Property Details for 520 Washington St

Year built

2016

Lot size

0.96 AC

Property size (Sq ft)

2,312 SF

Property type

Drive through restaurants

APN

41040540

APU

41040540

Description

Mid-Town Center, located at 520 & 524 Washington Street in Baxter, Minnesota (zip code 56401), offers exceptional office and retail space opportunities. This 9,000 square foot building, constructed in 1969, is zoned B-6-Washington Street Commercial within Crow Wing County. Currently, 3,100 square feet of space is available, divisible into units ranging from 1,000 to a maximum contiguous 2,100 square feet. The property features ample parking with 85+ spaces in the East Lot and 20+ in the West Lot. Electrical service is 150 Amp, single phase. The building's prime location along the heavily trafficked Washington Street/Hwy 210 corridor ensures high visibility and accessibility, enhanced by signaled traffic lights at each end of the block. Turn-key restaurant and salon spaces are available, making this an ideal location for a variety of businesses. This multi-tenant building presents a unique chance to establish a presence in the thriving Brainerd area.

• CAP approach

  CAP return

  Valuation

  6%

  $624,858

  6.5%

  $576,792

  7%

  $535,592

• Comparable approach

  Method

  Valuation

  Relative Method

  $297,371

  Geo Method

  $297,371

• Alternative Use

  Use

  Valuation

  Residential

  $486,545

  Hospitality

  $445,673

  Educational

  $370,795

  Medical

  $383,547

  Retail

  $576,792

Location Insight

City

Brainerd

County

Crow Wing

State

Minnesota

Latitude

46.3573

Longitude

-94.2189

CBSA code

14660

CBSA name

BRAINERD, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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