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$539,000   Price Analysis
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20300 County Highway 25
Detroit Lakes, MN 56501
2 bed 3 bath 2,039 SqFt ($264/SqFt)
8.49 acre lot. Built 1930
Listed 2024-06-03, Taxes $2,416
USDA Eligible
near Detroit Lakes, MN
 Restrictions may apply
due to home size

Looking for a place to start your new business? Or a spot to expand your current business? This property offers a variety of options.

The 2 bedroom 2 bath home was updated in 2007 and offers consistent rental income. The 40x94 steel utility building could provide secure vehicle/boat storage options. The barn offers another 2380 square feet of storage as well. The main shop offers 2800 square feet of space with 14 ft sidewalls, 2 floor drains, new 12x12 insulated garage doors, a 320 square foot office space and a 40x16 lean-to with a 12x9 garage door.

Pristine LED lighting being installed. Shop has floor heat with multiple boiler options and a ceiling mounted prop ane heating plant. 3 Phase power is available. Commercial zoning will require a conditional use permit. Present CUP is trnsferable for like-kind business.


Presented by Eric Lundmark at
COUNSELOR REALTY OF DETROIT LAKES.
Listing Agent Photo

Property MLS #6543478 from NorthstarMLS

Bedrooms: 2

Basement Features: Concrete Block

Cooling Features: Central
Fireplace Features: Free Standing
Heating Features: Forced Air
Heating Fuel: Propane
Number of Fireplaces: 1

Full Bathrooms: 3

Vinyl
Fencing: Wire
Road Frontage Type: County
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Size Acres: 8.49
Lot Size Dimensions: 590x620
Topography: Level
Lot Size Square Feet: 369824

Parking Features: Detached Garage, Insulated Garage
Garage Dimensions: 24 x 30
Garage Sqft: 720

Association: No
Calculated Total Monthly Association Fees: 0

School District: 22 - Detroit Lakes

Detroit Lakes Senior High School is a public high school located approximately 4.6 miles away.
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Adventist Christian School is a private elementary and middle school located approximately 3.5 miles away.
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Roosevelt Elementary School is a public elementary school located approximately 3.6 miles away.
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Detroit Lakes Middle Alc is a public middle school located approximately 3.7 miles away.
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Annual Tax Amount: 2708.00
Source Listing Status: Active
County: Becker
Directions: From Detroit Lakes, take US HWY 34 East 2 miles to Co Hwy 25, turn left and follow 2.8 miles to property.
Tax Year: 2024
Source Property Type: Single Family
Parcel Number: 100071000
Zoning: Residential-Single Family
Property Subtype: (SF) Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$201,800 + $47,200
$249,000
$2,416
2021$191,900 + $47,200
$239,100
$2,408
2020$195,000 + $52,000
$247,000
$2,812
2019$185,600 + $52,000
$237,600
$2,732
2018$188,700 + $44,100
$232,800
$2,258
2017$165,700 + $44,100
$209,800
$2,742
2016$199,200 + $44,100
$243,300
$2,814
2015$unknown + $unknown
$186,000
$2,086
2014$unknown + $unknown
$180,400
$2,272
2013$unknown + $unknown
$182,000
$2,032
2012$unknown + $unknown
$192,000
$2,064
2011$181,100 + $46,100
$227,200
$1,998
2009$178,000 + $50,500
$228,500
$1,946
2007$150,431 + $45,172
$195,603
$99

Listed 2024-06-03
$539,000
NorthstarMLS
Sold 2001-08-22
$75,000
Public Record
Sold 1994-09-06
$55,000
Public Record

Total Square Feet Living: 2039
Above Grade Finished Area: 1680
BelowGradeFinishedArea: 359
Foundation Area: 1152.00
Property Age: 94
Property Condition: Previously Owned
Roof: Asphalt Shingles, Metal
Levels or Stories: 2
House Style: Acreage, Rural Residential
Total Above Grade Sqft Area: 1680.00
Total Area Main: 1152.00
Total Below Grade Area: 432.00

Electric: 100 Amp Service
Sewer: Mound, Private
Water Source: 4-Inch Submersible, Private, Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.