Pequot Lakes, MN 56472
New Listing
$695,000
Property Type:
Commercial
Square Footage:
5,668
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$695,000
List Date:
7/17/2026
Last Modified:
7/17/2026
Listing Details MLS# 7110922
General Property Information
- Lot Measurement
- Acres
- Management Company Name
- owner
- Multiple PIDs?
- No
- Other Parking Spaces
- 5
- Owner Occupied
- Yes
- Waterfront YN
- No
- Year Built
- 1964
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial, Other
- Foundation Size
- 3600
- Garage Stalls
- Yes
- Power Company
- Minnesota Power
- For Sale or Lease
- For Sale
- Acres
- 0.13
- Lot Dimensions
- 46x100x67x50x21x50
- Assessment Pending
- No
Property Features
Accessible:
No Stairs External
Air Conditioning:
Central Air
Amenities Shared:
None
Amenities Unit:
Cable; City View; Kitchen Window; Paneled Doors; Patio; Porch; Washer/Dryer Hookup
Appliances:
Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Basement:
Concrete Block; Partial
CMU Style:
Business Opportunity; Freestanding; Mixed Use; Other
Construction Materials:
Concrete; Frame
Construction Status:
Previously Owned
Current Use:
Business Service; Residential
Exterior:
Engineered Wood
Fencing:
Wood
Flooring:
Luxury Vinyl Tile; Other/See Remarks
Foundation:
Concrete Block; Slab
Fuel:
Natural Gas
Heating:
Forced Air
Internet Options:
Cable
Loan Terms:
Cash; Conventional
Location Description:
Downtown
Lock Box Type:
None
Lot Description:
Irregular Lot
Miscellaneous Information:
2+ Lavatories; 220 Volt; Building Sign; Display Window
On Site Utilities:
Electric Common; Heating Common
Overhead Door Clearance:
0-9 Feet
Owner Pays:
All Utilities; Taxes
Parking Characteristics:
Finished Garage; Garage Door Opener; Heated Garage; Insulated Garage
Potential Use:
Other; Professional; Retail
Road Frontage:
City Street; Curbs; Paved Streets; Sidewalks
Road Responsibility:
Public Maintained Road
Roof:
Age 8 Years or Less
Sewer:
City Sewer/Connected
Stories:
Two
Tenant Pays:
None
Topography:
Level
Wall Description:
Drywall
Water:
City Water/Connected
Window Features:
Display Window(s)
Contract Information
- Contingency
- None
- ListPrice
- 695000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- Postal City
- Pequot Lakes
- County
- Crow Wing
- State
- MN
- Zip Code
- 56472
- Complex/Dev/Subdivision
- Coles Plat of Pequot
Assessments
- Tax With Assessments
- 6880
- Assessment Balance
- 0
Basement
- Foundation Dimensions
- 40x40 40x50
- Concrete Block
- Yes
- Partial
- Yes
More Information
Building Information
- Building Finished SqFt
- 5332
- Building SqFt
- 5668
- Ceiling Height
- Varied Heights
Income and Expenses
- Annual Electric Expense
- 1253
- Annual Fuel Expense
- 1773
- Annual Gross Income
- 116000
- Annual Insurance Expense
- 5000
- Annual Maintenance Expense
- 500
- Annual Net Income
- 23000
- Annual Repair Expense
- 300
- Annual Trash Expense
- 408
- Annual Water/Sewer Expense
- 677
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
- 2+ Lavatories
- Yes
- 220 Volt
- Yes
- Building Sign
- Yes
- Display Window
- Yes
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Dimensions
- 12x23
- Garage Door Height
- 9
- Garage Door Width
- 7
- Garage Square Feet
- 276
- Finished Garage
- Yes
- Garage Door Opener
- Yes
- Heated Garage
- Yes
- Insulated Garage
- Yes
Sale Options
- Sale Includes
- Building, Business Assets, Business, Fixture/Equipment, Inventory, Land
Unit 2
- No. of 2 Bedroom Units
- Yes
Unit Details
- Total Units
- Yes
Office/Member Info
- Association
- GLAR
Location, Tax and Other Information
- Legal Description
- 21 FT TO A POINT RUN THEN S'LY PARALLEL TO E 4 A DIST 46 FT TO A POINT RUN THEN S'LY 4 RUN THEN W'LY ON S LINE OF LOT 4 A DIST OF LINE OF LOT 5 TO S LINE OF LOT 5 RUN E'LY ON N'LY ALG E LINE OF LOTS
- Listing City
- Pequot Lakes
- Map Page
- 999
- Municipality
- Pequot Lakes
- School District
- Pequot Lakes
- School District Phone
- 218-568-4996
- Country
- US
- Property ID Number
- 29100999
- Tax Year
- 2026
- Tax Amount
- 6880
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Turnkey Dance Studio in Pequot Lakes - Established & Profitable. Own a thriving dance studio in the heart of the Brainerd Lakes Area! This fully equipped studio is a great chance for a new owner. The studio features two large, spacious dance floors and sound systems. The business has a loyal student base and a solid yearly class schedule. Grow revenue by adding summer camps, adult fitness classes, or private lessons. Pequot Lakes is a growing community. Families love local activities. This studio has built a strong reputation. It is a trusted place for kids to learn, build confidence, and perform. You can skip the months of hard work it takes to start a business from scratch. You get a ready, working studio from day one. The sale includes everything you need to start teaching right away. You get: All sound equipment, mirrors, and ballet barres etc. along with existing class registration, costumes, props, and a library of past routine choreography. Did we mention there is the ability to live on site? The property includes a 2018 dwelling with two bedrooms and two bathrooms with an attached garage all attached to the rear of the studio. the dwelling includes hickory cabinets and stainless-steel appliances.
- Directions
- From downtown Pequot Lakes stop light, go East on Main St. to middle of the first/second block and building #4407 on right.
Accessible
- No Stairs External
- Yes
Air Conditioning
- Central Air
- Yes
Amenities Shared
- None
- Yes
Amenities Unit
- Cable
- Yes
- City View
- Yes
- Kitchen Window
- Yes
- Paneled Doors
- Yes
- Patio
- Yes
- Porch
- Yes
- Washer/Dryer Hookup
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Construction Materials
- Concrete
- Yes
- Frame
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Engineered Wood
- Yes
Fencing
- Wood
- Yes
Flooring
- Luxury Vinyl Tile
- Yes
- Other/See Remarks
- Yes
Foundation
- Concrete Block
- Yes
- Slab
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Internet Options
- Cable
- Yes
Lock Box Type
- None
- Yes
Lot Description
- Irregular Lot
- Yes
Owner Pays
- All Utilities
- Yes
- Taxes
- Yes
Patio, Porch and Deck Features
- Patio
- Yes
Road Frontage
- City Street
- Yes
- Curbs
- Yes
- Paved Streets
- Yes
- Sidewalks
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Roof
- Age 8 Years or Less
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Topography
- Level
- Yes
Wall Description
- Drywall
- Yes
Water
- City Water/Connected
- Yes
Window Features
- Display Window(s)
- Yes
No. of Ranges
- One
- Yes
No. of Refrigerators
- One
- Yes
Tenant Pays
- None
- Yes
On Site Utilities
- Electric Common
- Yes
- Heating Common
- Yes
CMU Style
- Business Opportunity
- Yes
- Freestanding
- Yes
- Mixed Use
- Yes
- Other
- Yes
Current Use
- Business Service
- Yes
- Residential
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
Location Description
- Downtown
- Yes
Overhead Door Clearance
- 0-9 Feet
- Yes
Potential Use
- Other
- Yes
- Professional
- Yes
- Retail
- Yes
Documents
Floor Plans ›
Listing Office:
Kurilla Real Estate LTD
Last Updated: July - 17 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker
Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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