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22569 Main Street, Deerwood, MN 56444

$379,000
  • 22569 Main Street, Deerwood, MN 56444 Main Photo

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New to the Market Active
MLS#7034394
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONFoleys First Add Cuyuna SCHOOLCrosby-Ironton

Property Description

Excellent investment opportunity in the heart of the Cuyuna recreation area. This well-maintained five-unit property offers a strong unit mix with two oversized one-bedroom units and three two-bedroom units, each with its own garage. The building has historic character and has been well cared for over the years. Shared coin-operated laundry provides additional income potential. Located near the Cuyuna mine pits, mountain bike trails, and many area attractions that draw visitors year-round. The current owner has experienced success with short-term rentals, presenting a potential opportunity for investors looking to explore similar use, subject to local regulations. Whether you are seeking a long-term rental investment or exploring short-term rental possibilities, this property offers strong income potential in a highly desirable recreation destination.

22569 Main Street | MLS# 7034394

This commercial property located at 22569 Main Street, Deerwood, MN 56444 is currently listed for sale with an asking price of $379,000. Main Street is located within the Crosby-Ironton school district. Search Deerwood real estate on www.homesbyjoel.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Electric, Propane
Garage: 5
Heating: Boiler, Fireplace(s)
Lot Size: 0.55 Acres
Stories: 2.0
Taxes: $2,668
Year Built: 1920

Feature Descriptions

Appliances: Range, Refrigerator
Current Use: Residential
Days on Site: 2
Foundation Size: 2556
Lot Dimensions: 120x200
Owners Expense: Gas, Grounds Care, Insurance, Repairs, Management, Roof Maintenance, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 19105005009Z009
Parking: Covered, Detached Garage, Asphalt, Parking Lot, Open
Road Frontage: City Street, Paved Streets
Sale Includes: Building, Inventory, Land, Leases
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 5
Utilities: Electric Separate
Water: City Water/Connected

Local Schools

School District: Crosby-Ironton

Listed By / Shown By

Listed By

Agency Name: LPT Realty, LLC.
Agency Phone: 763-772-8025

Shown By

Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541

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