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Online Auction Net Lease Opportunity – Assisted Living Facil AUCTION
Description:

Online Auction Net Lease Opportunity – Assisted Living Facility

This income producing property contains 12,000 +/- Leased sf, with approximately 20,000 additional that can be renovated and/or converted to provide added income stream such as multi-family or senior housing. The current tenant has occupied the property since 2012 and is a well-established and licensed provider of assisted living services in central Minnesota.

Tenant recently renewed its lease at a rate of $6,000 per month with an option for an additional year’s lease with rent increase to $7,000 per month starting July 2024. The property has a (15) resident bed capacity, a full-size commercial kitchen, dining area, common and recreational rooms, laundry area, office, medication room and other amenities. Property in generally sound condition, tenant maintains interior spaces plus grounds care (mowing, bushes & snow removal), landlord maintains exterior and HVAC systems, property is sold in its as is/where is condition. The property is located within a 30 minute drive of downtown St. Cloud, MN in the bucolic township of Holdingford, MN.

Highlights Include:
12,000 +/- Sq. Ft. Assisted Living Facility under lease – Landlord Possession at Closing
Long Term Tenant with Recently Renewed 1 Year Lease
Tenant Currently Pays $6,000/mo. with Option to Extend addn. Year to $7,000/mo. in July 2024
Licensed for All Levels of Personal Care with a 15 Resident Capacity
Limited Competition for Assisted Living Service – Tenant in Place for over 10 Years
Adjoining Building Provides Ample Room for Future Expansion, Renovation & Value Add
Fantastic Investment Opportunity – Buy It At Online Auction or Pre-Sale Offers Welcomed!
30 Minutes from downtown St. Cloud, MN – Largest Population Center in Central MN
Zoning: Mixed Family Residential (R-2)
Broker/Agent Participation Welcomed – Contact Tranzon for Information & Registration!
Utilities: Electric, Natural Gas, City Water & Sewer

Property Address: 231 Washington Street, Holdingford, MN 56340
Online bidding ends October 19th at 3:00 PM ET
Inspection: October 12th at 12:00 PM ET

10% Buyers Premium and other terms apply

Contact Jordan Conlee at 888-791-7307 ext. 809 or jconlee@tranzon.com

City:
Holdingford
State:
Minnesota
Country:
United States
Email:
Contact Seller
Phone:
12707690284
Photos:
Attention land investors! Beautiful approx 113 acres of land SOLD! $899,900
Description:

Attention land investors!! Beautiful approx 113 acres of lush land with Black Creek flowing through it has SO MUCH to offer! Three parcels are included in this listing. Approx 46 tillable acres is currently being rented by a local farmer for income potential!! Any future development or parcel split plans is contingent upon Town of Franklin approval. Wetland acreage is estimated from the Kewaunee County GIS website. All acreages are approximate using the Kewaunee County GIS website, and buyer to verify prior to closing. Being sold "AS-IS, WHERE-IS", utility connections are unknown. Includes parcels #3100829.11, #3100829.10 & #3100829.122. Close proxmity to Interstate 43 for easy driving to Green Bay or Manitowoc areas! So much wildlife for hunting! The sale of this listing is contingent upon the successful closing of additional land listed on south side of Bolt Rd in MLS#1957028 by the same or a different buyer.


This beautiful property is listed by Ron Brath and John Kissack of Brath Dairy & Commercial Real Estate.

FEATURES
Property Type: Vacant Land Zoned: AG Taxes: $1,737
Total Acres: 113 Tillable Acres: 46 Wooded Acres: 64
Pasture Acres: 0 Waterfront: Black Creek Other Buildings: N
Township: Franklin County: Kewaunee School District: Denmark

Inclusions: None.

Exclusions: Growing crops in fields are not included and are under a lease from a farmer.

Directions: From Denmark, WI, east on Cty Rd KB, go right on Curran Rd south approx 1/2 mile to signs on east side of Curran Rd and on north side of Bolt Rd.

City:
Denmark
State:
Wisconsin
Country:
United States
Email:
Contact Seller
Phone:
920-251-8127
Photos:
26.59+/- Acres Prime Commercial Undeveloped Land
Brandenburg, Kentucky
$3,765,000.00
26.59+/- Acres Prime Commercial Undeveloped Land Make an Offer! Listing Price: $3,765,000 The signaled corner highlights 26+ acres of prime undeveloped land, ready for your vision. Already zoned C-2 Commercial, tremendous potential awaits the visionary developer ...
Beautiful approx 75 acres of land | SOLD!
Denmark, Wisconsin
$599,900 | SOLD!
Attention land investors!! Beautiful approx 75 acres of lush land with Black Creek flowing through it has SO MUCH to offer! Three parcels are included in this listing. Approx 40 tillable acres is currently being rented by a local farmer for income potential!! Any future ...
Online Auction Net Lease Opportunity – Assisted Living Facil
Holdingford, Minnesota
AUCTION
Online Auction Net Lease Opportunity – Assisted Living Facility This income producing property contains 12,000 +/- Leased sf, with approximately 20,000 additional that can be renovated and/or converted to provide added income stream such as multi-family or senior ...
Smithville Tract 4--1 Acre, More Or Less
Smithville, Oklahoma
30,103
Name of Property: Smithville Tract 4--1 acre, more or less Status: New Price Per Acre: $30,103.00 Acreage: 1 acre, more or less Location: 35 minutes north of Hochatown, OK Closest Town: Smithville, OK Access: Permanent deeded easement Taxes: $40.00 Topography: ...
Smithville Tract 2--1, Acre More Or Less
Smithville, Oklahoma
30,103
Name of Property: Smithville Tract 2--1, acre more or less Status: New Price Per Acre: $30,103.00 Acreage: 1 Location: 35 minutes from Hochatown, OK Closest Town: Smithville, OK Access: Permanent deeded easement Taxes: $40.00/year Topography: Flat to gently rolling ...
Scipio 150 acres
McAlester, Oklahoma
330000.00
These 150 acres is fenced and cross fenced into two parcels.  The fencing along the west boundary is new with five strands of barbed wire and steel T-posts.  The balance of fencing is older but in good condition.  A county road runs along the entire east boundary of ...
Porum 80 acres
Porum, Oklahoma
400000.00
Beautiful Eufaula Lake and the Canadian River are within 10 minutes of the property.  This exceptional 80 acres, has rural water on four sides, paved county road along the west boundary, and a gravel county road along the south side.  The land could easily be subdivided ...
400 Cow dairy on 59 acres
Wittenberg, Wisconsin
$1,610,000
400 Cow dairy on 59 acres. Large freestall barn with center feeder alley, other 2 freestall barns have outside bunker feeding. All dairy equipment and facilities are well maintained. Two homes included with the dairy. Farm located less than 4 miles from town.
Smithville Tract 3-- 5.16 acres, more or less
Smithville, Oklahoma
155,330
Name of Property: Smithville Tract 3-- 5.16 acres, more or less Status: New Price Per Acre: $30,103.00 Acreage: 5.16 acres, more or less Location: 35 minutes from Hochatown, OK Closest Town: Smithville, OK and Hochatown Access: Private permanent deeded easement ...
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