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  • AERIAL-Oak-Sale
Strip Center Investment
603 - 625 Oak Street, Brainerd, MN 56401
For Sale $2,300,000.00
Detailed Brochure

Discover an exceptional investment opportunity with this prime strip center, located at a high-visibility, stoplight-controlled intersection in Brainerd. Oak Place is a well-maintained, multi-tenant building boasting 90% occupancy, offering immediate income potential. Tenants enjoy excellent access and high traffic flow, with the added benefit of being within walking distance of downtown businesses, restaurants, parks, and more. This is your chance to acquire a highly sought-after property in a bustling area, ensuring a solid return on investment while becoming part of Brainerd’s vibrant community!

  • Purchase Price: $2,300,000.00
  • Directions: From Hwy 210 (Washington Street) / Hwy 371 (S 6th Street) intersection in Brainerd - South on S 6th Street - Oak Place is the NE corner of S 6th Street and Oak Street
  • Building Size Total (Sq. Ft): 17,912
  • Building Size Main (Sq. Ft): 17,912
  • Lot Size (Sq. Ft): 45,000
  • Lot Size (Acres): 1.03
  • Lot Dimensions: 300' x 150'
  • Road Frontage: 300’ on Oak Street, 150’ on S 6th Street and 150’ on S 7th Street
  • Property Tax Year: 2024
  • Annual Property Tax: $19,412.00
  • Annual Cash Flow: $161,850 (Based on Proforma)
  • Cap Rate: 7% (Based on Proforma)
  • Property Features / Assets: Building Size: 17,912 SF Total; Ste 603: 2,006 SF (Legal Aid Service of NE MN); Ste 607: 1,500 SF (Hoffman Weber Construction); Ste 609: 2,233 SF (Panda Massage); Ste 611: 1,658 SF (Rising Hope Counseling); Ste 613: 1,242 SF (AVAILABLE); Ste 615: 2,214 SF (We Are Clinic); Ste 617: 4,140 SF (Core Professional Services); Ste 625: 2,580 SF (Slice on Oak); Utility: 339 SF
  • Water: City
  • Sewer: City
  • Heating: Natural Gas Forced Air
  • Cooling: Central Air - Electric Roof-Top Units
  • Electric – Amps: 200
  • Electric – Phase: Single
  • Lighting: Fluorescent
  • Year Built: 1950
  • Construction: Wood Frame
  • Foundation: Concrete
  • Roof: Flat
  • Exterior: Stucco
  • Ceiling Height: 9'
  • Bathrooms: Varies per Space
  • Parking Spaces: 56 Shared Paved Parking Spaces
  • Adjacent Tenants: Building Tenants: Legal Aid Service of NE MN, Hoffman Weber Construction, Panda Massage, Rising Hope Counseling, We Care, Core Professional Services, and Slice on Oak
  • Neighboring Businesses: Located in downtown Brainerd, nearby businesses include The Brainerd YMCA, Wings Financial, Exhaust Pros, Remnant Ministry, Halvorson Taylor Funeral Home, Salvation Thrift, Holiday, Mickey’s, Brainerd Public Library, B. Johnson, Music General, Office Shop, Pro Build, Bremer Bank, US Bank, plus numerous others.
  • Traffic Counts: 9,100 (2019) - 11,028 (2023) on S 6th Street, 4,250 (2019) - 6,400 (2019) on Oak Street and 660 (2019) on S 7th Street
  • MLS #: 6647176
  • CC File #: 1703
  • Zoning: TC - Town Center
  • PID#: 41241031 & 41241040
  • Legal Description: Lots 19 thru 24 inclusive and Lots 1 thru 6 inclusive, Block 129, Town of Brainerd & First Addition to Brainerd
Property Map