Right off I-35 in Pine City, this mixed-use building is already generating income and still has room to run. At $299,000 with a fully occupied gross monthly income of $5,300, the math works.
The main level offers a professionally finished commercial suite with a lobby, three private offices, and a large gathering room that flexes well for meetings, classes, training, or events. One commercial tenant is already in place, with remaining office and gathering space ready for a new occupant. Office suites lease at $600/month and the gathering room at $1,800/month. The lower level includes a clean, updated one-bedroom apartment currently vacant and ready to rent at approximately $1,100/month, plus an unfinished area with real potential: convert it to a second apartment and add another income stream, or finish it as additional commercial space. Two private garages complete the picture, one currently rented at $300/month, one available.
The lot parks 12 cars, and the location is walkable to nearby businesses and amenities, which matters for any commercial tenant bringing clients or staff through the door daily.
This works for the business owner who wants a professional home base and wants the building to help pay for itself, and it works equally well for the cash flow investor ready to lease the full commercial level and let the numbers do the work. The layout supports both strategies and the upside on that unfinished lower level is real.
The seller is open to creative financing and willing to carry a portion, which makes an already accessible price point even more flexible. Well maintained, updated throughout, and priced to move.
20 days
|
221
|
5
|
Zillow last checked:
Listing updated:
Listed by:
Amy Ranae Dills612-481-2520,
Brick & Banister Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7096034
Loading...
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Bathrooms: 3
Heating
Baseboard, Forced Air
Appliances
Laundry: Lower Level
Features
Basement: Daylight,Egress Window(s),Sump Pump
Interior area
Total structure area: 3,400
Total interior livable area: 3,000 sqft
Finished area above ground: 1,800
Finished area below ground: 1,200
Property
Parking
Total spaces: 2
Parking features: Detached Garage, Asphalt, Guest, Parking Lot
Garage spaces: 2
Accessibility
Accessibility features: None
Features
Levels: One
Patio & porch: Covered
Lot
Size: 0.32 Acres
Dimensions: 97 x 145 x 97 x 144
Details
Foundation area: 1632
Parcel number: 0420287000
Zoning description: Business/Commercial
Construction
Type & style
Home type: MultiFamily
Property subtype: Other
Condition
New construction: No
Year built: 1971
Utilities & green energy
Gas: Electric, Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected
Community & HOA
Community
Subdivision: Aud Sub
Location
Region: Pine City
Financial & listing details
Price per square foot: $100/sqft
Annual tax amount: $5,390
Date on market: 6/22/2026
Cumulative days on market: 89 days
Estimated market value
Zestimate®
$293,100
Estimated sales range
$278,000 - $308,000
Rent Zestimate®
$1,234/mo
Price history
Date
Event
Price
6/22/2026
Listed for sale
$299,000-6.3%$100/sqft
Source: NorthstarMLS as distributed by MLS GRID #7096034Report a problem
6/21/2026
Listing removed
$319,000$106/sqft
Source: NorthstarMLS as distributed by MLS GRID #7050313Report a problem
6/5/2026
Price change
$319,000-5.9%$106/sqft
Source: NorthstarMLS as distributed by MLS GRID #7050313Report a problem
4/10/2026
Listed for sale
$339,000$113/sqft
Source: NorthstarMLS as distributed by MLS GRID #7050313Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.