7837 (Entire Bldg) Excelsior Road, Baxter, MN 56425

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Sold Price
$635,000
List Price
$649,900

Property Description

Discover a prime investment opportunity in a well-maintained retail/office building along a high-traffic corridor in Baxter! This property benefits from an established, long-term tenant occupying a portion of the building, offering reliable rental income that helps offset ownership expenses. The existing tenant adds immediate financial stability while leaving ample space available for flexible leasing or owner occupancy. The versatile building includes open retail space, upper-level office areas, generous storage, and a warehouse featuring a 14’ overhead door with an adjustable loading platform. Recent upgrades such as a new roof and siding (2023), along with eye-catching digital signage, enhance visibility and appeal. Located near complementary businesses, this strategic asset combines secure cash flow, convenience, and growth potential—ideal for investors or owner-users aiming to maximize value.

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Listing courtesy of Close-Converse Commercial Prop.

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