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Pine City, MN 55063

New Listing

$299,000

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Property Type: Commercial Square Footage: 3,576 Lot Size (sq. ft.): 13,939 Status: Active

Current Price: $299,000 List Date: 6/22/2026 Last Modified: 6/22/2026

Overview

Description

Right off I-35 in Pine City, this mixed-use building is already generating income and still has room to run. At $299,000 with a fully occupied gross monthly income of $5,300, the math works. The main level offers a professionally finished commercial suite with a lobby, three private offices, and a large gathering room that flexes well for meetings, classes, training, or events. One commercial tenant is already in place, with remaining office and gathering space ready for a new occupant. Office suites lease at $600/month and the gathering room at $1,800/month. The lower level includes a clean, updated one-bedroom apartment currently vacant and ready to rent at approximately $1,100/month, plus an unfinished area with real potential: convert it to a second apartment and add another income stream, or finish it as additional commercial space. Two private garages complete the picture, one currently rented at $300/month, one available. The lot parks 12 cars, and the location is walkable to ... (Read more)

Listing Details MLS# 7096031

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 12
Owner Occupied: Yes
Waterfront YN: No
Year Built: 1971
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 1632
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 0.32
Lot Dimensions: 97x145x97x144
Assessment Pending: Yes

Property Features

Accessible: No Stairs Internal Appliances: Dryer; Range; Refrigerator; Washer Basement: Egress Windows; Partially Finished; Sump Pump CMU Style: Apartments and Retail; Freestanding; Office Construction Status: Previously Owned Current Use: Business Service; Commercial; Office Exterior: Brick/Stone; Vinyl Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Baseboard; Forced Air Loan Terms: Cash; Contract for Deed; Conventional; FHA; Lease Purchase; MHFA/WHEDA; Rural Development; Special Funding; Other Lot Description: Corner Lot On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot Road Frontage: Highway; Paved Streets; Street Lights Road Responsibility: Public Maintained Road Roof: Composition Sewer: City Sewer/Connected Stories: One Wall Description: Drywall Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 299000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Pine City
County: Pine
State: MN
Zip Code: 55063
Complex/Dev/Subdivision: Aud Sub

Assessments

Tax With Assessments: 5402
Assessment Balance: 0

Building Information

Building Finished SqFt: 2300
Building SqFt: 3576

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 768
Parking Lot: Yes

Public Survey Info

Range#: 21
Section#: 33
Township#: 39

Sale Options

Sale Includes: Building

Unit 1

Unit Number: Yes
Full Baths: Yes
Half Baths: 2
Total Bedrooms: Yes
Total Rooms: 5
Unit Total SqFt: 684
Leased?: No

Unit Details

Total Units: Yes

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: SECT-33 TWP-039 RANGE-021 .32 AC THAT PART OF LOT 20, AUD SUBD DESC AS FOLL: BEG AT A POINT ON WEST LINE OF 7TH ST & NORTH LINE OF TRUNK HWY 324, THENCE NORTH 0D53' WEST ALONG WEST LINE OF 7TH ST 96.63 FT, THEN SOUTH 89D12' WEST 145.28 FT, THENCE SOU TH 1D17' EAST 96.32 FT TO NORTH LINE OF TRUNK HWY 324, THENCE EAST ALONG NORTH LINE OF TRUNK HWY 324 144.60 FT TO PT OF BEG. BEING 30 FT NORTH OF SOUTH LINE OF SAID LOT 20. MICRO #531661-665,564649
Listing City: Pine City
Map Page: 999
Municipality: Pine City
School District: Pine City
School District Phone: 320-629-4010
Zip Plus 4: 2036
Property ID Number: TBD0
Tax Year: 2026
Tax Amount: 5390
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Right off I-35 in Pine City, this mixed-use building is already generating income and still has room to run. At $299,000 with a fully occupied gross monthly income of $5,300, the math works. The main level offers a professionally finished commercial suite with a lobby, three private offices, and a large gathering room that flexes well for meetings, classes, training, or events. One commercial tenant is already in place, with remaining office and gathering space ready for a new occupant. Office suites lease at $600/month and the gathering room at $1,800/month. The lower level includes a clean, updated one-bedroom apartment currently vacant and ready to rent at approximately $1,100/month, plus an unfinished area with real potential: convert it to a second apartment and add another income stream, or finish it as additional commercial space. Two private garages complete the picture, one currently rented at $300/month, one available. The lot parks 12 cars, and the location is walkable to nearby businesses and amenities, which matters for any commercial tenant bringing clients or staff through the door daily. This works for the business owner who wants a professional home base and wants the building to help pay for itself, and it works equally well for the cash flow investor ready to lease the full commercial level and let the numbers do the work. The layout supports both strategies and the upside on that unfinished lower level is real. The seller is open to creative financing and willing to carry a portion, which makes an already accessible price point even more flexible. Well maintained, updated throughout, and priced to move.
Directions: I35N to Exit 169, Right 2 1/2 blocks, property on the left.

Accessible

No Stairs Internal: Yes

Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Basement

Egress Windows: Yes
Partially Finished: Yes
Sump Pump: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Vinyl: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Baseboard: Yes
Forced Air: Yes

Lot Description

Corner Lot: Yes

Road Frontage

Highway: Yes
Paved Streets: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Composition: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Wall Description

Drywall: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes
Hot Water Separate: Yes

CMU Style

Apartments and Retail: Yes
Freestanding: Yes
Office: Yes

Current Use

Business Service: Yes
Commercial: Yes
Office: Yes

Loan Terms

Cash: Yes
Contract for Deed: Yes
Conventional: Yes
FHA: Yes
Lease Purchase: Yes
MHFA/WHEDA: Yes
Rural Development: Yes
Special Funding: Yes
Other: Yes

Listing Office: Brick & Banister Real Estate

Last Updated: June - 22 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.