39
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$299,000
Est. payment /mo
1 Bed
3 Baths
3,000 SqFt
New
875 7th ST SW Pine City, MN 55063
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Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $99
Subdivision Aud Sub
MLS Listing ID 7096034
Bedrooms 1
Year Built 1971
Annual Tax Amount $5,390
Tax Year 2026
Contingent None
Lot Size 0.320 Acres
Lot Dimensions 97x145x97x144
Property Sub-Type Other
Property Description
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.
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.
Location
State MN
County Pine
Zoning Business/Commercial
Rooms
Basement Daylight/Lookout Windows, Egress Window(s), Sump Pump
Interior
Heating Baseboard, Forced Air
Fireplace No
Laundry Lower Level
Exterior
Parking Features Detached Garage, Asphalt, Guest Parking, Parking Lot
Garage Spaces 2.0
Building
Story One
Foundation 1632
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
New Construction false
Schools
School District Pine City
Listed by Amy Dills • Brick & Banister Real Estate
NEARBY SCHOOL & BUSINESS
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