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$310,000
3 Beds ⋅ 3 Baths ⋅ 7131834 MLS
Mixed-Use Investment Property – Main Ave, Frazee Outstanding investment opportunity in the heart of Frazee! This well-maintained mixed-use building offers a diversified income stream with both residential and commercial tenants in place. The property includes a one-bedroom apartment and a two-bedroom apartment, both currently leased, along with a commercial space currently occupied by a restaurant tenant. A fourth unit — unfinished and ready to be built out as additional office or apartment space — offers exciting upside potential for a buyer looking to add value. Situated on Main Ave with excellent road frontage and convenient side street parking, this property benefits from strong visibility and accessibility. Numerous updates have been completed throughout, including improvements to the commercial space and both residential apartments. Two unfinished basement areas provide ample utility and storage space. Sold with two parcels included, and no special assessments — a clean, turnkey opportunity for investors seeking immediate cash flow with room to grow. Don't miss this rare chance to own a versatile, income-producing property in a prime downtown location!

108 E Main Avenue, Frazee

Listing courtesy of Counselor Realty Detroit Lakes.

$225,000
1 Baths ⋅ 7128203 MLS
Lucky Bubble Laundromat – Turnkey Business Opportunity in the Heart of Frazee. Profitable, established laundromat business and assets available for sale in downtown Frazee! This turnkey operation includes 10 Speed Queen washing machines and 10 Speed Queen dryers, all new in 2022, housed in a recently remodeled 800+ SF space complete with a bathroom. Sale includes the business and equipment only; building is available for lease, with seller open to negotiating a separate sale of the real estate. A low-overhead, income-producing opportunity in a high-visibility location — perfect for an owner-operator or investor looking to add a proven cash-flowing business to their portfolio. Financials available upon request. Don't miss this rare chance to own a well-maintained, ready-to-run laundromat in a growing community!

TBD Endeavor Rd, Frazee

Listing courtesy of Counselor Realty Detroit Lakes.

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