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Park State Bank Offices 500 E Platt Ave

7,754 SF Office Building Nashwauk, MN 55769 $995,000 ($128/SF)

Investment Highlights

  • Prime Highway Visibility!

Executive Summary

This 7,754 Square Foot Building (plus full basement) sits on almost three acres of land boasting excellent Highway presence. Built as a bank with high quality construction and a gorgeous modern interior. Along with excellent parking this location would make prime Retail or Class A office.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Taxes $20,096 $2.59
Operating Expenses - -
Total Expenses $20,096 $2.59

Financial Summary (Actual - 2024)

Taxes
Annual $20,096
Annual Per SF $2.59
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $20,096
Annual Per SF $2.59

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,754 SF
Building Class
B
Year Built
2006
Price
$995,000
Price Per SF
$128
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,754 SF
Building FAR
0.06
Land Acres
2.84 AC
Opportunity Zone
Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 95-427-0526
  • 95-427-0520
  • 95-427-0525
Land Assessment
$16,100 (2023)
Improvements Assessment
$568,100 (2023)
Total Assessment
$584,200 (2023)
Annual Taxes
$20,096 ($2.59/SF)
Tax Year
2024
  • Listing ID: 31866471

  • Date on Market: 5/20/2024

  • Last Updated:

  • Address: 500 E Platt Ave, Nashwauk, MN 55769

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