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22045 Mollie Lake Road
Nisswa, MN 56468
Asking Price
$339K
Asset Type
Special-purpose
Class
Class B
What's Special
Dual Workshop | 3,400 SqFt <ul><li>Two commercial workshops with offices, bathroom and kitchenette area</li><li>Large parking lot with fenced storage area</li><li>Two 32x40 ft. insulated/heated shops with 12 ft. & 14 ft. doors </li><li>R19 walls and R50 ceilings, 2x6 walls and 2 in. styro-foam under the floors</li><li>In-floor heat and 3 zones</li><li>Air exchanger, 40 gal. water heater, natural gas, wood boiler, A/C & water softener</li><li>Two offices on each side</li><li>Centrally located 3/4 bathroom and kitch
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NOI
$80,000
Cap Rate
23.60%
DSCR
3.97
Strong
Cash-on-Cash
58.87%
Monthly Payment
$1,677.187
Annual Cash Flow
$59,873.756