Lake Commercial For Sale
Don't miss out on this fantastic investment opportunity in thriving downtown Balsam Lake! This property offers three apartments (one of which has already been renovated) with a strong rental history, all currently leased, providing steady income. In addition to the residential units, there's a business space on the main level, storage and common space in the basement, and coin operated laundry facilities that generate even more income. Two additional garage storage spaces are also included and can be combined with tenant lease for additional income. Whether you choose to live in one of the apartments or strictly use the entire building as rental income, this property is a smart choice for investors. A 24-hour notice is required due to tenant occupancy.Property Details
- Beds: 3
- Baths: 0.0
- Year Built: 1938
- Location: Balsam Lake
- Acres: 0.090
- County: Polk County
- Community: Origil V Balsam Lake
- Heat/AC: Hot Water (Heating)
- Roof: Flat
- Property Taxes: $2,031
- MLS #: 6699705
Location
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Contact Information:
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Listing Agent: Tom Hartmann, Property Executives Realty, 715-222-1752, 715-381-8297 Listing Site, Listing Status: Active
Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 6024748 |
| Viewed: | 27 times |
| Added: | May 06, 2025 |
| Updated on: | May 06, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
