108 E Main Avenue, Frazee, MN, MN 56544

$310,000
3
BD
3
BA

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List Price
$310,000
Status
ACTIVE
MLS#
7131834
Year Built
1944
Style
Apartments and Retail, Business Opportunity, Office, Storage Unit
Bedrooms
3
Bathrooms
3
Acres
0.41
County
Becker
Subdivision
Amended Plat/Frazee City

Property Description

Mixed-Use Investment Property – Main Ave, Frazee Outstanding investment opportunity in the heart of Frazee! This well-maintained mixed-use building offers a diversified income stream with both residential and commercial tenants in place. The property includes a one-bedroom apartment and a two-bedroom apartment, both currently leased, along with a commercial space currently occupied by a restaurant tenant. A fourth unit — unfinished and ready to be built out as additional office or apartment space — offers exciting upside potential for a buyer looking to add value. Situated on Main Ave with excellent road frontage and convenient side street parking, this property benefits from strong visibility and accessibility. Numerous updates have been completed throughout, including improvements to the commercial space and both residential apartments. Two unfinished basement areas provide ample utility and storage space. Sold with two parcels included, and no special assessments — a clean, turnkey opportunity for investors seeking immediate cash flow with room to grow. Don't miss this rare chance to own a versatile, income-producing property in a prime downtown location!

Additional Information

Heating
Baseboard, Boiler, Hot Water, Radiant
School District
Frazee-Vergas

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Calculator source: Real Geeks

Listing courtesy of Counselor Realty Detroit Lakes.

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