7837 (east Space) Excelsior Road Baxter, MN 56425
Other
MLS #: 6687850
Courtesy Of Close~Converse, Inc.
Property InformationDescription
INTRO Lease Rate of $8/SF! Discover a prime investment opportunity in a well-maintained retail/office building along a high-traffic corridor in Baxter! This property benefits from an established, long-term tenant occupying a portion of the building, offering reliable rental income that helps offset ownership expenses. The existing tenant adds immediate financial stability while leaving ample space available for flexible leasing or owner occupancy. The versatile building includes open retail space, upper-level office areas, generous storage, and a warehouse featuring a 14 overhead door with an adjustable loading platform. Recent upgrades such as a new roof and siding (2023), along with eye-catching digital signage, enhance visibility and appeal. Located near complementary businesses, this strategic asset combines secure cash flow, convenience, and growth potential ideal for investors or owner-users aiming to maximize value.
Features
- Age: 21-30 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Frame
- Heating System: Forced Air
- Legal Description: (PID # & Taxes are for the entire building) THAT PT OF NE1/4 OF NW1/4 DESC AS FOL: COMM AT NW COR OF SD NENW AND ASSM THE N LINE OF SD NENW TO BEAR N 89D 59'57" E FROM SD COR THEN S 01D 21'03" E 33.01FT THEN N 89D 59'57" E 560.15FT TO THE POB OF THE TRACT TO BE DESC THEN S 01D 21'03" E 200.06F T THEN N 89D 59'57" E 110.04FT THEN N 01D 21'03" W 200.06 FT THEN S 89D 59'57" W 110.04FT TO THE POB & THERE TERM. SUBJ TO UTILITY ESMNT GRANTED TO THE CITY OF BAXTER ON 10/30/01.
- MLSID: 6687850
- Roof Type: Asphalt
- Roof Type: Shingle
MAP & DIRECTIONS
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