keithschwankl@positiverealty.com
218-330-7360
MLS# 6734484 - 109 N Lake Street Frazee, MN 56544
Here is an opportunity to own your building for your new business with supplemental rental income from 5 apartments in downtown Frazee. Close to everything with parking available. Main floor offers 1200 plus sf and is suitable for office space, retail or service industry.
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Mortgage & Tax Calculator [Estimated]
Purchase Price ($):
Down Payment ($):
Down Payment (%):
Est. Best Interest Rate (%):
Term of Loan (Years):
Monthly Payment:
$1,633 + $149(tax)
Est. Monthly Total: $1,781
*does not include insurance and all numbers are estimated.
Summary
Type: COM | Commercial Sale - Mixed Use
Price: $345,000
$80/sf
$6,900,000/acre
Transaction: For Sale
Status: Active
Contingencies: None
Agent Owned: No
Lender Owned: No
Current Use: Beauty/Barber Shop, Residential
Zoning: Business/Commercial
Square Footage: 4,304 sq ft
Lot Size: 0.05 acres
Year Built: 1925
Foundation: 2,464 sq ft
Stories: Two
Listed at: Tue Jun 10 2025 5:00:00 AM
Listing Age: 43 days
School District: 23-Frazee-Vergas | 218-334-3181
County: Becker
Building Details
In Home Details
Construction Material: Brick Veneer
Exterior
Siding: Brick Veneer
Utilites
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Forced Air, Natural Gas
Property Details
Garage: On-Street Parking Only, Parking Lot
Lot Dimensions: 60x50
Agent Owned: No
Utilities: Electric Common, Heating Common, Hot Water Common
Others
School Information
District Number: 23-Frazee-Vergas
District Phone: 218-334-3181
Financial Considerations
Tax Property ID: 500402000
Tax Amount: $1,786 for 2025
Listing Data
Listed Price: $345,000
First Listed at: Tue Jun 10 2025 5:00:00 AM
Last Updated at: Tue Jun 10 2025 7:43:04 PM
Contingencies: None
Assessments: No
Foreclosure: No
Lender Owned: No
Unit Information
Summary
Rental Units: 6
Rental License: Standard
Financials
Owner Expenses: Cable TV, Sewer, Trash Collection
Tenant Pays: None
Expenses
Electricity: $5,300
Gas/Fuel: $1,350
Maintenance: $750
Trash: $1,500
Sewer: $3,840
Insurance: $2,800
Other: $750

Counselor Realty Detroit Lakes is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jul 23 2025 8:01AM.

Baxter Office

15244 State Hwy 371
Baxter, MN 56425
218-330-7360
keithschwankl@positiverealty.com

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4820 County Rd. 77
Nisswa, MN 56468
218-963-7767
keithschwankl@positiverealty.com

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Here is an opportunity to own your building for your new business with supplemental rental income from 5 apartments in downtown Frazee. Close to everything with parking available. Main floor offers 1200 plus sf and is suitable for office space, retail or service industry.

Counselor Realty Detroit Lakes is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jul 23 2025 8:01AM.

Here is an opportunity to own your building for your new business with supplemental rental income from 5 apartments in downtown Frazee. Close to everything with parking available. Main floor offers 1200 plus sf and is suitable for office space, retail or service industry.

Counselor Realty Detroit Lakes is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jul 23 2025 8:01AM.

Here is an opportunity to own your building for your new business with supplemental rental income from 5 apartments in downtown Frazee. Close to everything with parking available. Main floor offers 1200 plus sf and is suitable for office space, retail or service industry.

Counselor Realty Detroit Lakes is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jul 23 2025 8:01AM.