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Active NEW!
$425,000
/mo Edit
Commercial:  2 Stories
2 br • 3 ba • Built 1972
0.5 acres
Aitkin schools
MLS# 7156907
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    Property Description

    Exceptional mixed-use opportunity in the heart of Aitkin County, prominently located along the Highway 169 corridor in the city of Aitkin. Positioned directly across from a busy gas station and just two blocks south of the stoplight, the property offers excellent visibility and convenient access. The main level features attractive, versatile office space with four private offices, a conference room, a spacious reception area with additional workspace, a half bath, a break room or multipurpose room, and dedicated storage and utility area. The upper level includes two one-bedroom apartments with many updates. (Photos don't show all of the recent updates.) Apartments share a balcony and on-site laundry facilities. A separate four-unit garage building includes one space for each apartment, with two additional garages available to rent. Office furnishings—including desks, chairs, bookshelves, and credenzas—as well as select dĆ©cor may be included with an acceptable offer. Additional items may be negotiable.

    Listing

    Contingency: None
    City: Aitkin
    County: Aitkin
    State: MN
    Property Style: 2 Stories
    Zip Code: 56431
    Subdivision Name: T R Foleys Amended Plat

    Interior

    Flooring: Carpet, Vinyl
    Refrigerators: Three
    Appliances Included:
    • Dryer
    • Electric Water Heater
    • Exhaust Fan
    • Range
    • Refrigerator
    • Washer
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 4
    Garage Dimensions: 22x54
    Garage Size: 1,188 ft2
    Air Conditioning: Central Air, Wall Unit(s)
    Foundation Size: 1,696 ft2
    Foundation Dimensions: 40x34x4x12x28x12x8x34
    Handicap Accessible: Other
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    • Garage Door Opener
    • Multiple Garages
    • Parking Lot
    • Paved Lot
    Unit Amenities:
    • Ceiling Fan(s)
    • Kitchen Window
    • Security System
    Road Frontage: Highway
    Exterior Material:
    • Block
    • Frame
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle

    Rooms

    Shared Rooms: Other

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.5
    Geolocation: 46.5311122614, -93.7067026442
    Inclusions: Building, Land
    Lot Dimensions: 40 x 68 x 10 x 160 x 167 x 50 x 56 x 63 x 130
    Addl Parcels: 561041300, 561040700
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family
    Lot Description:
    • Tree Coverage - Light
    • Underground Utilities

    Farm

    Topography: Level

    Schools

    School District: 8001
    District Phone: 2189272115

    Expenses

    Tenant Expenses: Broadband, Cable TV, Electricity, Heat, Hot Water

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,996
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,996

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Office
    • Residential
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected
    Power Company Name: Aitkin Public Utilities

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    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.
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