20
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$635,000
$649,900 2.3%
Est. payment /mo
0.5 Acres Lot
Sold on 11/21/2025
7837 (Entire Bldg) Excelsior RD Baxter, MN 56425
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Key Details
Sold Price $635,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6687847
Sold Date 11/21/25
Year Built 2002
Annual Tax Amount $12,692
Tax Year 2025
Contingent None
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 110x200
Property Description
Discover a prime investment opportunity in a well-maintained retail/office building along a high-traffic corridor in Baxter! This property benefits from an established, long-term tenant occupying a portion of the building, offering reliable rental income that helps offset ownership expenses. The existing tenant adds immediate financial stability while leaving ample space available for flexible leasing or owner occupancy. The versatile building includes open retail space, upper-level office areas, generous storage, and a warehouse featuring a 14' overhead door with an adjustable loading platform. Recent upgrades such as a new roof and siding (2023), along with eye-catching digital signage, enhance visibility and appeal. Located near complementary businesses, this strategic asset combines secure cash flow, convenience, and growth potential—ideal for investors or owner-users aiming to maximize value.
Location
State MN
County Crow Wing
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Paved, Open
Garage Spaces 1.0
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Asphalt
Present Use Commercial,Office,Retail,Vacant,Warehouse
Building
Story Two
Foundation 5107
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick Veneer,Vinyl Siding
Schools
School District Brainerd
Listed by Nate Grotzke • Close-Converse Commercial Prop
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