$1,150,000
35494 CR 3 Crosslake, MN 56442
For Sale MLS# 7001079
9,572 sq ft Commercial
Details for 35494 CR 3
MLS# 7001079
Description for 35494 CR 3, Crosslake, MN, 56442
This well maintained, income producing building is currently home to a diverse mix of established tenants, including a salon, lash studio, taphouse, flower shop, wing wellness business, and an attorney’s office, providing strong rental appeal and built-in cash flow. The property also features additional office suites and storage space on the lower level, offering room for expansion, additional tenants, or owner use. Its flexible, layout supports a wide range of business and investment strategies. Located next to everything Crosslake has to offer, this property benefits from excellent visibility, strong local traffic, and long-term growth potential. Adding to its future value, the new Loon Center is planned to be built directly across the street in 2026, further enhancing foot traffic and desirability. Offered at $1,150,000, this is a rare chance to acquire a cornerstone commercial property in one of northern Minnesota’s most sought-after lake communities. I deal for investors, entrepreneurs, or businesses seeking a premier location with upside potential.Please see the Investor Highlights in the supplements.
Listing Information
Property Type: Commercial, Retail/Shopping Center
Status: Active
Lot Size: 6.55 Acres
Square Feet: 9,572 sq ft
Year Built: 1987
Foundation: 10,461 sq ft
Garage: Yes
Stories: 2 Stories
Number Of Units Total: 6
Current Use: Retail
County: Crow Wing
Days On Market: 4
Construction Status: Previously Owned
School Information
District: Pequot Lakes
Interior Features
Flooring: Vinyl/Linoleum
Basement: Partial Finished, Concrete Block, Finished (Livable), Full
Accessibility: Wheelchair Ramp
Additional Interior Features: Ceiling Fan(s), Local Area Network, Natural Woodwork, Skylight, Vaulted Ceiling(s), Cable, Ethernet Wired
Utilities
Water: Well, Drilled
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate
Cooling: Central
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 4
Open Parking: 25
Parking Description: Paved Lot, Attached Garage, Driveway - Asphalt, Heated Garage, Insulated Garage, Garage Dimensions - 21x22 16x26, Garage Sq Ft - 889.0
Exterior: Wood, Brick/Stone
Roof: Asphalt Shingles, Wood Shingles
Lot Dimensions: Irregular
Zoning: Business/Commercial
Additional Exterior/Lot Features: Deck, Land Inclusions - Building, Road Frontage - County
Community Features
Community Features: Other
Driving Directions
South on CR66 to left on CR3. Judy's House of Gifts is .1 miles on the right.
Financial Considerations
Tenant Pays: Maintenance/Repair
Owner Pays: All Utilities
Gross Income: 85017
Expense: 34753
Tax/Property ID: 120212400LBA889
Tax Amount: 8421
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Jason Mitchell Group
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 35494 CR 3
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 35494 CR 3
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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