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Executive Summary

Rare opportunity to acquire a landmark campus in the heart of downtown Pequot Lakes, one of the Brainerd Lakes Area's most recognizable year-round communities. Located just minutes from premier lakes, resorts, golf courses, restaurants, shopping, and endless outdoor recreation, this unique property offers exceptional flexibility in a highly visible and growing location. This offering includes two contiguous parcels totaling approximately 2.77 acres with approximately 11,240 finished square feet in two buildings, including an approximately 8,180 square-foot church and an approximately 3,060 square-foot pastoral center with a fully finished basement. The church features a beautiful sanctuary seating approximately 180-220 people, fellowship hall, commercial kitchen, Fireside Room, Adoration Chapel, offices, meeting rooms, storage areas, and additional support space. The pastoral center provides flexible office, classroom, meeting, or residential-style space, making the property well suited for religious organizations, schools, nonprofits, community organizations, healthcare or wellness services, professional offices, event facilities, or future redevelopment opportunities, subject to city approvals. Zoned Downtown Mixed Use (DMU), the property offers exceptional long-term flexibility while being fully functional for immediate occupancy. City water, city sewer, natural gas, paved streets, ample on-site parking, mature trees, and an established campus setting complete this one-of-a-kind offering. Large properties combining this amount of finished space, existing infrastructure, parking, and redevelopment potential rarely become available in the Pequot Lakes market. Sale includes Parcel ID #29140596 and Parcel ID #29140595. Buyers and buyers' agents are responsible for verifying all measurements, zoning, permitted uses, and property information.

Property Facts

Sale Type Investment or Owner User
Property Type Flex
Rentable Building Area 11,240 SF
No. Stories 1
Year Built 1975

Amenities

  • Wheelchair Accessible
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
290142200B00009
Land Assessment
$66,300
Improvements Assessment
$803,300
Total Assessment
$869,600
  • Listing ID: 41594246

  • Date on Market: 8/7/2026

  • Last Updated:

  • Address: 30950 Rasmussen Rd, Pequot Lakes, MN 56472

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