Unlock Potential in Pequot Lakes! Presenting a unique investment opportunity in a dual-tenant office structure. With one space already occupied, the door is open for you to either establish your business or lease it out. Located just off of Main Street in Pequot Lakes, enjoy excellent visibility, high traffic counts and easy access. With both locals and tourists frequenting the area for their shopping and service needs, it’s the perfect spot to grow your venture.

• Purchase Price: $249,000.00
• Lease Price (Sq. Ft): $12.00
• Directions: From the stoplight intersection in Pequot Lakes (Patriot Ave & CR 11) - East on Main Street - South on S Washington Ave - Property is 2nd Building on the East
• Building Size Total (Sq. Ft): 1,824
• Building Size Main (Sq. Ft): 1,824
• Lot Size (Sq. Ft): 4,000
• Lot Size (Acres): 0.09
• Lot Dimensions: 50' x 80'
• Road Frontage: 50' on S Washington Ave
• Lease Size Total (Sq. Ft): 1,008
• Lease Size Main (Sq. Ft): 1,008
• Lease Type: Triple Net
• Terms of lease: East Suite: 1,008 SF
• Property Tax Year: 2023
• Annual Property Tax: $1,914.00
• Operating Expenses Year: 2023
• Operating Expenses - Total: $5.60/SF/YR
• Property Features / Assets: Building: 1,824 SF Total; West Suite: 672 SF (Roggenkamp & Associates); East Suite: 1,008 SF AVAILABLE; Shared: 144 SF (Restroom & Storage)
• Water: City
• Sewer: City
• Heating: Natural Gas Forced Air & Electric Baseboard
• Cooling: Central Air - Electric Ground Unit
• Electric – Amps: 200
• Electric – Phase: Single
• Lighting: Fluorescent & Flood
• Year Built: 1980
• Construction: Wood Frame
• Foundation: Concrete
• Roof: Asphalt Shingles
• Exterior: Cultured Log Siding
• Ceiling Height: 8'
• Bathrooms: 1 (Shared)
• Parking Spaces: 4 Paved Parking Spaces plus On-Street Parking
• Neighboring Businesses: Neighboring businesses include Edward Jones, 1st American Title, American Legion, Pequot Lakes Dental, Expressions, Bliss Salon, Latte’ Da, Jackpine Center, Leslies, Country Corner, Near & North, Lakes Latte, Lucky’s Tavern, MN Traders, Lakes Dental, Noble Title, Fire Hall Center, Vintage Rose, Seeds of Healing, plus numerous other shops, offices and restaurants.
• Traffic Counts: 5,900 (2019) on Main Street (CR 11) and 3,334 (2021) on Patriot Ave (Old Hwy 371)
• MLS #: 6432996
• CC File #: 1728
• Zoning: DMU-Downtown Mixed Use
• PID#: 29101006
• Legal Description: W 80 ft of N 50 ft of Lot 2 Block 5, Cole’s Plat of Pequot, Subject to driveway easement & other easements of record