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613-623 Maple St
Brainerd, MN 56401
Downtown Brainerd Shops · Office Property For Sale
Investment Highlights
- Stable in-place cash flow from 5 established local service-oriented tenants, including VFW Post, Dental Care, Hair & Beyond, Lotus Spa.
- Several tenants are paying below-market rental rates, creating a clear opportunity for future NOI growth through lease renewals and strategic.
- Positioned in the heart of Downtown Brainerd with excellent visibility, walkability, and a surrounding base of over 25,000 residents within a 5-mile.
- Offered at just $80.16 PSF for a 7,623 SF multi-tenant retail asset, presenting investors with an affordable entry point and long-term appreciation.
- 3 tenants are currently on month-to-month leases, allowing new ownership to adjust rents to market, negotiate longer-term leases, or reposition.
Executive Summary
We are pleased to exclusively offer for sale the 7,473 SF Downtown Brainerd Shops located at 613–623 Maple Street in Brainerd, MN. Offered at just $80.16 PSF, this multi-tenant retail asset provides investors with an attractive below-replacement-cost entry point, stable income potential, and significant long-term value appreciation opportunities.
In Association with ParaSell, Inc. | A Licensed Minnesota Broker #40685007 BoR: Scott Reid - Lic. MN #40685006
In Association with ParaSell, Inc. | A Licensed Minnesota Broker #40685007 BoR: Scott Reid - Lic. MN #40685006
Property Facts
Sale Type
Investment
Property Type
Building Size
7,623 SF
Building Class
C
Year Built
1943
Price
$843,542 CAD
Price Per SF
$110.66 CAD
Cap Rate
8.53%
NOI
$71,953 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,623 SF
Building FAR
1.00
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
MS - Main Street
Property Taxes
| Parcel Number | 09196069001Z009 | Improvements Assessment | $345,162 CAD |
| Land Assessment | $60,273 CAD | Total Assessment | $405,435 CAD |
Property Taxes
Parcel Number
09196069001Z009
Land Assessment
$60,273 CAD
Improvements Assessment
$345,162 CAD
Total Assessment
$405,435 CAD
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