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724 Laurel St 24,650 SF Retail Building Brainerd, MN 56401 $750,000 ($30.43/SF)
Investment Highlights
- Corner Location
- Freight elevator
- Great visibility
Executive Summary
Uncover a one-of-a-kind historic building in the vibrant heart of downtown Brainerd, which has successfully housed a furniture store for over 30 years. This property offers incredible versatility, allowing for immediate use across various business types. Alternatively, envision transforming it into a dynamic mixed-use space with modern apartments on the upper floor. With the city already approving a parking variance, this is a golden opportunity to create a thriving development that will greatly enhance the community’s appeal and lifestyle.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
24,650 SF
Building Class
C
Year Built
1920
Price
$750,000
Price Per SF
$30.43
Tenancy
Single
Building Height
4 Stories
Building FAR
4.04
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
MS - Main Street District
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Signage
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09196071008X009 | Improvements Assessment | $427,800 |
| Land Assessment | $55,800 | Total Assessment | $483,600 |
Property Taxes
Parcel Number
09196071008X009
Land Assessment
$55,800
Improvements Assessment
$427,800
Total Assessment
$483,600
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Contact the Sale Advisor
724 Laurel St