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For Sale:  Frederic MLS# 6815117

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Active
$550,000
/mo Edit
Commercial:  2 Stories
Built 1950
0.98 acres
Frederic schools
MLS# 6815117
763-576-8286
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    Property Description

    **Multi-Use Commercial Property in Frederic – Prime Location with Tons of Potential** Located on nearly 1 acre in the Village of Frederic, this versatile property offers a fantastic opportunity for investors or business owners seeking a combination of commercial and residential space. Situated with easy access and prominent frontage on State Road 35, the property is fully leased and includes the following features: - **13 Storage Units:** Well-maintained storage facility with a variety of unit sizes, including six units measuring 10x30 with 10-foot overhead doors, 4 units of 10x10 with 8-foot doors, one 20x40 unit, and two additional 10x10 units with 10-foot doors. High visibility and easy access make this a desirable storage option. - **Two Apartments:** Generating rental income, the property features two residential apartments: - *Upstairs Two-Bedroom, One-Bath Apartment* - *Three-Bedroom, 1, 500 sq.ft. Apartment with One Bath* - **Office Space:** An 1, 100 sq.ft. office suite includes multiple private offices and a conference room, ideal for professional or business use. This property offers flexibility for continued rental income or potential redevelopment. Its prime location, close proximity to major roads, and diverse use options make it an excellent investment opportunity. Don't miss the chance to own fully leased, multi-faceted property in the heart of Frederic!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $550,000
    Property Type: Commercial
    City: Frederic
    Garage Spaces: 1
    County: Polk
    Year Built: 1950
    State: WI
    Property Style: 2 Stories
    Zip Code: 54837
    Subdivision Name: Industrial Sub

    Interior

    Ranges: Two
    Refrigerators: Two
    Appliances Included:
    • Dishwasher
    • Dryer
    • Electric Water Heater
    • Exhaust Fan
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Block
    • Full
    • Shared Access
    • Storage Space
    • Unfinished
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 1
    Other Parking Spaces: 1
    Air Conditioning: Central Air
    Foundation Size: 2,400 ft2
    Foundation Dimensions: 40 x 60
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Tuckunder Garage
    Unit Amenities:
    • Deck
    • Ethernet Wired
    • Hardwood Floors
    • Security System
    • Washer/Dryer Hookup
    Road Frontage: State Road
    Exterior Material:
    • Metal Siding
    • Vinyl Siding
    Roof Details:
    • Age 8 Years or Less
    • Metal
    • Pitched

    Lot & Land

    Acres: 0.98
    Geolocation: 45.65355, -92.466552
    Inclusions: Building, Business, Land, Leases
    Lot Dimensions: 150 x 208 x 219 x 267
    Zoning: Business/Commercial
    Lot Description:
    • Cleared
    • Corner Lot
    • Irregular Lot

    Schools

    School District: 1939
    District Phone: 715-327-5630

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,813
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,813

    Units

    Total Units: 16

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Professional Service
    • Professional/Office
    • Residential
    • Storage Facility
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Cornerstone.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.