Property Description A remarkable opportunity is presented by this property, which has been meticulously designed to function as a 20-bedroom assisted living care facility. This establishment features two fully equipped kitchens, two spacious dining areas, as well as various comfortable lounges and sitting spaces. Strategically located in the heart of Baxter, it enjoys close proximity to paved walking trails and convenient access to all of Baxter's amenities. It is noteworthy that the cost of acquiring land and constructing a comparable facility would significantly surpass the current offering price, underscoring the exceptional nature of this investment opportunity.
Details
Maps
Contract Information
Status: Closed
Off Market Date: 2023-12-26
Current Price: 1450000
Closed Date: 2024-02-29
Sales Close Price: 1450000
Contingency: None
ListPrice: 1495000
List Date: 2023-11-06
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 25
Owner Occupied: No
Year Built: 2005
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 14543
Garage Stalls: 1
For Sale or Lease: For Sale
Acres: 2.94
Lot Dimensions: 467x285x324x374
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 14396
Street Name: Grand Oaks
Street Suffix: Drive
Postal City: Baxter
County: Crow Wing
State: MN
Zip Code: 56425
Complex/Dev/Subdivision: Jms Insignia Add
Assessments
Tax With Assessments: 24138
Building Information
Building Finished SqFt: 14543
Building SqFt: 14543
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: OTHER
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 28
Section#: 6
Township#: 133
Sale Options
Sale Includes: Building, Land
Unit Details
Total Units: 20
Property Features
Accessible: No Stairs External; No Stairs Internal
Air Conditioning: Central Air
Basement: None
CMU Style: Apartments/Multi Family; Other
Construction Status: Previously Owned
Current Use: Other; Residential
Exterior: Metal
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Lock Box Type: Combo
On Site Utilities: Electric Common; Heating Common; Hot Water Common