20 3Rd AveCrosby, MN 56441

  • Commercial real estate
  • 1,022 SF
For Sale
$279,900 View listing

Property Details for 20 3Rd Ave

Construction
WOOD FRAME
Lot size
0.20 AC
Property size (Sq ft)
1,022 SF
Property type
Commercial real estate
APN
11112853
APU
11112853

Description

This exceptional mixed-use property at 20 3rd Avenue SW in Crosby, Minnesota presents a unique investment opportunity. The 2,406 square foot building sits on a 0.19-acre lot and offers a versatile layout ideal for a variety of business ventures. The property seamlessly combines a commercial storefront, perfect for a retail operation or boutique, with an attached residential unit. This provides the potential for owner-occupancy or rental income generation. The residential component includes a convenient two-car attached garage, adding to its overall appeal and functionality. Situated in the heart of Crosby, this location benefits from proximity to popular attractions such as world-class mountain bike trails, enhancing its visibility and accessibility. The surrounding area also boasts a vibrant mix of shopping and dining options, ensuring a steady flow of potential customers. This property's central location and combined commercial and residential spaces make it an attractive proposition for entrepreneurs and investors seeking a blend of business and residential convenience. The building's layout is adaptable to various needs, allowing for customization to suit specific business requirements. This is a rare opportunity to acquire a well-positioned mixed-use property in a thriving Minnesota community. The asking price is $199,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $215,073
    Hospitality
    $197,006
    Educational
    $163,907
    Medical
    $169,544
    Retail
    $254,966

Location Insight

City
Crosby
County
Crow Wing
State
Minnesota
Latitude
46.4817
Longitude
-93.958
CBSA code
14660
CBSA name
BRAINERD, MN MICROPOLITAN 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
$2,715
$61,900
$152,600
$214,500
-
$61,900
$152,600
$214,500

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