23242 HWY 371, NISSWA, MN 56468 LAND FOR SALE COMMERCIAL REAL ESTATE | BUSINESS BROKERAGE | LAND & BUILDING DEVELOPMENT INVESTMENT & INCOME PROPERTIES | TAX DEFERRAL STRATEGIES
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23242 HWY 371, NISSWA, MN 56468
LAND FOR SALE
COMMERCIAL REAL ESTATE | BUSINESS BROKERAGE | LAND & BUILDING DEVELOPMENT
INVESTMENT & INCOME PROPERTIES | TAX DEFERRAL STRATEGIES
{ Table of Contents }
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23242 HWY 371, NISSWA
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com
3, 4 Features5, 6 Aerial Photos7, 8 Section Aerials9 Section Map10 Zoning Map11 Traffic Counts12 Location Map13, 14 Demographics15 Thank You16 Agency Disclosure17 Contact
Page
{ Features }
www.closeconverse.com© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334
ResidentialDevelopmentOpportunity.Excellent residential development property witha superb location along thesouthern edge of Nisswa.Potential for single family,duplex, tri-plex and quadhome developments withviews of Hole in the DayLake. Located just south ofthe Sportland Cornersintersection, close tonumerous lakes, resorts,shopping, dining and more.
Location: 23242 State Hwy 371, Nisswa, MN 56468
Directions: From the Hwy 371/CR 77 intersection in Nisswa - South on Hwy 371 approx. 4,500 feet to the property on the left (east) directly north of Timberwood Church
Lot Size: 20.82 Gross AcresLess approx. 1.1 Acre Hwy 371 ROWEquals approx. 19.72 Net Acres
Lot Dimensions: Approx. 686.69’ x 1,250’
Purchase Price: $389,000
2017 Real Estate Taxes: $2,256
Water: Well (Will need to be installed)
Continued on next page.
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23242 HWY 371, NISSWA
{ Features }Sewer: Septic (Will need to be installed)
Frontage: Approx. 686.69’ along Hwy 371
Zoning: UR - Urban ResidentialA district designed to provide traditional residential neighborhood sites adjacent to downtown and the Sportland Corner area. Residential densities will vary based on connection to municipal utilities. The district provides for single family, duplex, tri-plex and quad home developments. Building types that incorporate multiple units may be allowed by conditional use permit.
PID #: 280234302AA0009
Legal Description: GL 2 exc W 283 ft of S 312 ft thereof & exc pt of GL 2 lying S’ly of foldesc line: beg at point on W line of sd GL 2 where N line of S 512 ft of sd GL 2 inter sd W line of GL 2 then E’ly para/w S line of sd GL 2 to E line of sd GL2 & sd line there end & also exc S 633.31 ft of GL 2 exc W 283 ft of S 312 ft.
Neighboring Businesses: Located along the Hwy 371 corridor, businesses nearby include Timberwood Church, DH Docks, Gull Dam Brewery, Spirits of Nisswa, Schaefer’s Foods, Holiday Gas Station, Wendy’s, Glynlyon, Grandview Resort, The Northland Center, Nisswa Dock, Magnuson Hotel, Frandsen Bank, Blackridge Bank, Zorbaz, Bar Harbor, plus many other unique retail/food/specialty shops within the town of Nisswa.
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23242 HWY 371, NISSWA
www.closeconverse.com© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334
{ Aerial Photo }
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23242 HWY 371, NISSWA
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com
Downtown Nisswa
Wendy’s
N
DevelopmentLand
Holiday Spirits on NisswaSchaefer’s
TimberwoodChurch
DH Docks
Gull Dam Brewery
Northland Center
GrandviewLodge
{ Aerial Photo }
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23242 HWY 371, NISSWA
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com
HolidaySpirits of Nisswa
Glynlyon Schaefer’s
Wendy’s
Gull Dam Brewery
20 AC
TimberwoodChurch
DH Docks
{ Section Aerial }
www.closeconverse.com© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334
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23242 HWY 371, NISSWA
{ Section Aerial }
www.closeconverse.com© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334
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23242 HWY 371, NISSWA
{ Section Map }
www.closeconverse.com© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334
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23242 HWY 371, NISSWA
* Parcel Dimensions are estimated from the CWC GIS Website.
{ Zoning Map }
www.closeconverse.com© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334
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23242 HWY 371, NISSWA
UR - Urban Residential
{ Traffic Counts } 2007 Counts from MNDOT
www.closeconverse.com© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334
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23242 HWY 371, NISSWA
Nisswa Traffic Counts: 19,800 on Hwy 371
{ Location Map } Nisswa
www.closeconverse.com© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334
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23242 HWY 371, NISSWA
North
South
{ Demographics }
www.closeconverse.com© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334
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23242 HWY 371, NISSWA
Trade Area 2016 Population (Includes the following counties): Crow Wing County 65,395Cass County 29,482 Total Trade Area Population 94,877
2016 Population: Nisswa 4,492Brainerd 30,596Baxter 8,114
Estimated Summer Population: Brainerd/Baxter 200,000+
Projected Population Growth Change 2016-2021:Crow Wing County 0.60% Nisswa 0.25%
Households in 2016: Crow Wing County 27,185Nisswa 1,958
2016 Median Household Income: Crow Wing County $50,396Nisswa $60,489
Crow Wing County Retail Sales in 2012: $1,124,967,000
2016 Crow Wing County Major Employers: Industry # of Employees Essentia Health - Central Region Healthcare 1,460Cuyuna Regional Medical Center Healthcare 947Brainerd School District Education 893Grand View Lodge Tourism 720Madden’s Resort Tourism 550Ascensus Technology 500Breezy Point Resort Tourism 500Clow Stamping Manufacturing 440Crow Wing County Government 415Cragun’s Resort Tourism 380Central Lakes College Education 325Walmart Retail 320Cub Foods/Super Valu (3 Stores) Retail 320Ruttgers Bay Lake Resort Tourism 300Anderson Brothers Construction Construction 260Pequot Lakes School District Education 240Crosby Ironton School District Education 240Mills Automotive Retail 220Bang Printing Manufacturing 218City of Brainerd Government 208Bethany Good Samaritan Healthcare 175Costco Retail 175Woodland Good Samaritan Healthcare 175Landys+Gyr Inc. Energy 140Nortech Systems Manufacturing 97
Continued on next page.
{ Demographics }
www.closeconverse.com© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334
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23242 HWY 371, NISSWA
Area Businesses: (To see a list of additional businesses, please go to www.explorebrainerdlakes.com)
Financial Institutions: 15+ (multiple locations not counted)
Churches: 30+
Schools: 15+
Golf Courses: 27+
Resorts:Bay Colony InnBreezy Point ResortCragunsFritz’s ResortGrand View LodgeGull Lake ResortIzaty’sKavanaugh’sLost Lake LodgeMaddensQuarterdeckRuttger’s Bay Lake LodgeSullivansPlus numerous others
Major Retailers:AldiAnytime FitnessAuto ZoneBest BuyBig LotsBook WorldBrother’s MotorsportsCashwise Liquor (2)Christmas PointCostcoCub Foods (2)Dick’s Sporting GoodsDiscount TireDunham’s SportsEast Brainerd Mall (17 Retailers)Fleet FarmGander MountainHerberger’sHome DepotJC Penney’sJiffy LubeKohl’sMenards
Major Retailers Continued:Office MaxPetSmartSearsSuper OneSuper Wal-MartTargetThe Power LodgeTJ MaxxUlta BeautyWalgreensWestgate Mall(27 Retailers)Westside Liquor
Restaurants/Fast Food:218 Local371 Diner612 StationAntler’sApplebee’sArby’sBar HarborBaxter’sBilly’sBlack Bear Lodge & SaloonBoomer PizzaBoulder Tap HouseBreezy Point MarinaBrick House PizzaBuffalo Wild WingsBurger KingBurritos CaliforniaCaribou Coffee (3)Cherry BerryChina BuffetChina GardenCold Stone CreameryCountry KitchenCowboy’sCragun’s Legacy GrillCruCulver’sDairy Queen (3)Diamond HouseDomino’s PizzaEl TequilaErbert & GerbertsErnie’sFour Seas
Restaurants/Fast Food ContinuedGiovanni’s PizzaGrizzly’s Grill & SaloonHalf Moon SaloonHardee’sHunt ‘N ShackJack’s HouseJake’sJimmy John’sKFC (2)Lucky’sMadden’s Classic GrillManhattan BeachMaucieri’sMcDonalds (3)Moonlite BayNorthern Cowboy’sNorthwinds GrilleOlive GardenPapa John’s PizzaPapa Murphy’s PizzaPerkinsPestello’sPine PeaksPizza HutPizza RanchPoncho & Lefty’sPrairie BayPrime TimeQuarterdeckRafferty’s Pizza (3)Riverside InnRuttger’sSakuraSawmill InnSherwood ForestStarbucks (2)Subway (3)Taco BellTaco John’sThe BarnThe ChapThe CommanderThe Pines at GrandviewTim Horton’sTimberjackWendy’s (2)Ye Ole WharfZorbaz (2)
{ Thank You }
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23242 HWY 371, NISSWA
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com
Thank you for considering this Close - Converse opportunity
Close - Converse is pleased to present this real estate opportunity for your review. It is our intention toprovide you with the breadth of information and data that will allow you to make an informed decision.
We are here to help
Please review this package and contact us with any questions you may have. We are prepared to discusshow this property meets your needs and desires. Facts, figures and background information will aid inyour decision. Should you need specialized counsel in the areas of taxation, law, finance, or other areasof professional expertise, we will be happy to work with your advisor or, we can recommend competentprofessionals.
How to acquire this opportunity
When you have made a decision to move forward, we can help structure a proposal that covers all thecomplexities of a commercial real estate transaction. As seller’s representatives, we know the seller’sspecific needs and can tailor a proposal that expresses your desires, provides appropriate contingenciesfor due diligence and results in a win-win transaction for all parties.
Agency and you
Generally, we are retained by sellers or landlords to represent them in the packaging and marketing oftheir commercial, investment or development real estate. You are encouraged to review the Minnesotadisclosure form “Agency Relationships in Real Estate Transactions” which is enclosed at the end of thispackage. If you have questions about agency and how it relates to your search for the right property,please ask us. We will answer all your questions and review the alternatives.
Should you wish to pursue this opportunity, please acknowledge your review of “Agency Relationships”by signing, dating and returning it to us.
{ Agency Disclosure }
www.closeconverse.com© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334
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23242 HWY 371, NISSWA
{ Contact }
www.closeconverse.com© 2018 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.
521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334
Address: 521 Charles StreetPO Box 327Brainerd, MN 56401
Telephone: 218-828-3334
Fax: 218-828-4330
Website: www.closeconverse.com
You may also contact the following members of the Close~Converse team by cell phone or email.
Nate Grotzke, CCIM 218-838-1000 [email protected]
Tim Miller, CCIM 218-838-8772 [email protected]
Chris Close, CCIM 218-831-7510 [email protected]
Jody Osterloh 218-831-0712 [email protected]
Kevin Close 218-831-3077 [email protected]
Rod Osterloh, ALC 218-831-1301 [email protected]
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23242 HWY 371, NISSWA
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