$1,450,000
$1,495,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
2.94 Acres Lot
SOLD DATE : 02/29/2024
Key Details
Sold Price $1,450,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Jms Insignia Add
MLS Listing ID 6456851
Sold Date 02/29/24
Year Built 2005
Annual Tax Amount $24,138
Tax Year 2023
Contingent None
Lot Size 2.940 Acres
Acres 2.94
Lot Dimensions 467x285x324x374
Property Description
A remarkable opportunity is presented by this property, which has been meticulously designed to function as a 20-bedroom assisted living care facility. This establishment features two fully equipped kitchens, two spacious dining areas, as well as various comfortable lounges and sitting spaces. Strategically located in the heart of Baxter, it enjoys close proximity to paved walking trails and convenient access to all of Baxter's amenities. It is noteworthy that the cost of acquiring land and constructing a comparable facility would significantly surpass the current offering price, underscoring the exceptional nature of this investment opportunity.
Location
State MN
County Crow Wing
Zoning Residential-Multi-Family
Rooms
Basement None
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Garage Asphalt, Parking Lot
Garage Spaces 1.0
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Asphalt
Present Use Other,Residential
Parking Type Asphalt, Parking Lot
Building
Story One
Foundation 14543
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Metal Siding
Schools
School District Brainerd
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