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Neal Lawson

neal@mndreamteam.com +1(612) 418-5892

$ 299,000

Est. payment -/mo

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875 7th ST SW Pine City, MN 55063

1 Bed

3 Baths

3,000 SqFt

UPDATED:

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.

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 SCHOOLS & PROPERTIES

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

875 7th ST SW Pine City, MN 55063

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOLS & PROPERTIES

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