Property Listing
Description
Mixed-Use Investment Property – Main Ave, Frazee Outstanding investment opportunity in the heart of Frazee! This well-maintained mixed-use building offers a diversified income stream with both residential and commercial tenants in place. The property includes a one-bedroom apartment and a two-bedroom apartment, both currently leased, along with a commercial space currently occupied by a restaurant tenant. A fourth unit — unfinished and ready to be built out as additional office or apartment space — offers exciting upside potential for a buyer looking to add value. Situated on Main Ave with excellent road frontage and convenient side street parking, this property benefits from strong visibility and accessibility. Numerous updates have been completed throughout, including improvements to the commercial space and both residential apartments. Two unfinished basement areas provide ample utility and storage space. Sold with two parcels included, and no special assessments — a clean, turnkey opportunity for investors seeking immediate cash flow with room to grow. Don't miss this rare chance to own a versatile, income-producing property in a prime downtown location!
Property Information
Status: Active
Sub Type: ********
List Price: $310,000
MLS#: 7131834
Current Price: $310,000
Address: ********
City: Frazee
State: MN
Postal Code: 56544
Geo Lat: ********
Geo Lon: ********
Subdivision: Amended Plat/Frazee City
County: Becker
Property Description
Year Built: 1944
Lot Size SqFt: 17859.6
Gen Tax: 2847
Specials Inst: 65
High School: Frazee-Vergas
Square Ft. Source:
Above Grade Finished Area: ********
Below Grade Finished Area: ********
Below Grade Unfinished Area:
Total SqFt.: 4035
Style: ********
Total Bedrooms: 3
Total Bathrooms: 3
Total Full Baths: ********
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: Building, Land, Leases
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: