4714 Norwood Street

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4714 Norwood Street

Brainerd, MN 56401
Asking Price
$379K
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use asset available for purchase in Brainerd
  • Current asking price for the property is $379,000
  • Adaptable floor plan suitable for commercial or residential uses
  • Located in the central Brainerd market area
  • Positioned near regional transit corridors and local businesses

What's Special

Investors seeking a value-add project will find this mixed-use asset at 4714 Norwood Street in Brainerd, Minnesota, a practical addition to an investment portfolio. This property provides versatile space that suits a variety of business operations or residential configurations, catering to the needs of a growing community in the Lakes Area. The building's footprint allows for flexible floor plans, making it an appropriate choice for entrepreneurs looking to establish a storefront or landlords interested in exploring multi-family or commercial rental options. Brainerd serves as a central economic hub for the region, characterized by its steady population and access to major regional transit routes. The surrounding market features a blend of local retail, services, and residential density, providing consistent traffic for businesses located along the main corridors. With the property currently available for sale, it represents a straightforward acquisition for those looking to capitalize on the local demand for adaptable space in this established Minnesota market.

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NOI
$80,000
Cap Rate
21.11%
DSCR
3.56
Strong
Cash-on-Cash
50.57%
Monthly Payment
$1,875.085
Annual Cash Flow
$57,498.977

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