TITLE:
U.S. Route 59, Pelican Rapids, MN
CONTROL:
Exclusive
VALUE:
$90,095
LOAN:
$0
EQUITY:
$90,095
TYPE:
Land
HAVE:
High visibility infill site .43 acres Commercial redevelopment lot in heart of city ready for mixed-use, local foot traffic, ideal for retail, office, services paired with modern apartments or condos above. $4.81 p/sq.ft.
WEBSITE URL:
ADDRESS:
U.S. Route 59, Pelican Rapids, Minnesota
BENEFITS TO NEW OWNER:
High visibility, walkable, in downtown, tourism and manufacturing community. Own a commercial lot then redevelop into mixed-use. City support.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$0
NOI:
$0
DEBT SERVICE:
$0
CASH FLOW:
$0
CAP RATE:
0.00%
BENEFITS SOUGHT:
Sell for redevelopment opportunity in downtown area of tourism and manufacturing to provide jobs, services, housing.
CAN ADD:
City supportive of this redevelopment. Negotiable, make an offer and give us your ideas/vision for the site.
REMARKS:
This is prime for housing and retail. This area has many lakes and is a popular tourist area in the summer with a stable turkey manufacturing plant and self-sustaining community. Close to Fargo, ND.
COUNSELOR:
Brian Beeman
BizFund10X
12600 Whitewater Drive, Suite 100
Minnetonka, Minnesota, 55343
