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1012 Main St 1,350 SF Retail Building Beaver Bay, MN 55601 $395,000 ($292.59/SF)
INVESTMENT HIGHLIGHTS
- Beaver Bay, MN!
EXECUTIVE SUMMARY
Perfect Building for so many uses! Completely remodeled in 2006 and currently operating as Tracks N Racks Bar and Grill this prime location on Main Street (Hwy 61) near the Holiday gas station, is ready for you to bring your vision to life. Perfectly situated near the busy tourist locations on the north shore including Splitrock Lighthouse and popular Black Beach. The North Shore is Calling!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$6,956
|
$5.15
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,956
|
$5.15
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $6,956 |
| Annual Per SF | $5.15 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,956 |
| Annual Per SF | $5.15 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
1,350 SF
Building Class
B
Year Built/Renovated
1900/2006
Price
$395,000
Price Per SF
$292.59
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.18 AC
Opportunity Zone
Yes
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Traks N Racks Bar and Grill
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Traks N Racks Bar and Grill | - | - | - | - |
PROPERTY TAXES
| Parcel Number | 21-7245-12010 | Total Assessment | $304,700 (2025) |
| Land Assessment | $23,300 (2025) | Annual Taxes | $6,956 ($5.15/SF) |
| Improvements Assessment | $281,400 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
21-7245-12010
Land Assessment
$23,300 (2025)
Improvements Assessment
$281,400 (2025)
Total Assessment
$304,700 (2025)
Annual Taxes
$6,956 ($5.15/SF)
Tax Year
2024
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1012 Main St
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