14417 EDGEWOOD DRIVE, BAXTER, MN · 2016. 4. 1. · Location: 14417 Edgewood Drive, Baxter, MN...

14417 EDGEWOOD DRIVE, BAXTER, MN

COMMERCIAL SITE

COMMERCIAL REAL ESTATE | BUSINESS BROKERAGE | LAND & BUILDING DEVELOPMENT

INVESTMENT & INCOME PROPERTIES | TAX DEFERRAL STRATEGIES

{ Table of Contents }

2

14417 EDGEWOOD DRIVE, BAXTER

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com

3, 4 Features5 Plat6 - 8 Aerial Photos9 Photos10 Zoning Map11, 12 Zoning Description13 Traffic Counts14 Location Map15, 16 Demographics17 Thank You18 Agency Disclosure19 Contact

Page

{ Features }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

CommercialHwy 371 Site.Unique opportunity to purchase a commercialsite located along thebusy Hwy 371 corridor inBaxter. Ideal location fora new retail or officebuilding. Benefit fromexcellent exposure andsynergistic neighbors lining the corridor, all while enjoying excellent visibility and high traffic counts. The site currently has a house on it, that can easily be cleared to provide you with a commercial pad site to build new.

Location: 14417 Edgewood Drive, Baxter, MN 56425

Directions: From the Baxter Hwy 210/371 intersection - North on Hwy 371 -Left (west) on Clearwater Road - Left (south) on Edgewood Drive- Property is on the right (west) at the house

Lot Size: Approx. 0.77 Acres ( 33,640 sq. ft.)Note: In the process of being re-platted to the size above

Lot Dimensions: Approx. 120.02’ x 280.26’

Frontage: 120’ along Edgewood Drive

Purchase Price: $499,000

2015 Real Estate Taxes: To be assessed after re-platting

Water & Sewer: City

Continued on next page.

3


{ Features }Zoning: C2 - Regional Commercial District

PID#: 032120010010009 and Part of 032120010020009 (To be re-platted)

Legal Description: Lot 1 Block 1, 1st Addition to Nor-son Office Park and the East 109.78’ of Lot 2 Block 1, 1st Addition to Nor-son Office Park. (To be re-platted)

Easement: There is currently a 30’ Private Drive & Utility Easement on the north end of the property that the Seller will remove from the Plat.

Structures: There is currently a house on the property that is being sold in as-is condition. Use or removal of the house shall be Buyer’s responsibility at Buyer’s expense.

4




{ Plat } First Addition to Nor-son Office Park



5


{ Aerial Photo }



6


OfficeMax

RiverwoodBank

DaysInn

KFC

RadcoJohnsonCentre

Super 8

MCI Carpet One

VerizonLight Depot

Hirschfields

1st NationalBank

Century 21NTB Tire

TriangleOil

Sherwin WilliamsAssociates in Eyecare

CTCGood

Neighbor

TargetBest Buy

Taco Bell

GanderMountain

BaxterLiquor

BremerGreat

River Eye

N

{ Aerial Photo }



7


Cub Foods

Culver’s

Home Depot

Kohl’s

Fleet Farm

Office Max

Cash Wise Liquor

Poncho’s

Gander Mountain

Menards

Light DepotJohnsonCentre

Liquor MartBremer

N

Super 8

Taco BellMills GM

Super One

Radco

Lakes 12

Prairie Bay

Big Lots

Costco

Arby’s

Westgate Mall

Buffalo Wild WingsPizza Ranch

Game Stop

Christmas PointBlack Bear

Valvoline

371 Diner

Harley Davidson

Baxter Industrial Park

Westport

CivicCenter

Brothers

Dunham’s

Mills Ford

Body Works

Target

Riverwood BankDaysInnKFC

CommercialSite

OfficeMax

RiverwoodBank

DaysInn

KFC

RadcoJohnsonCentre

Super 8MCI Carpet One

VerizonLight Depot

Hirschfields

1st NationalBank

Century 21NTB Tire

TriangleOil

Sherwin WilliamsAssociates in Eyecare

CTCGood

Neighbor

Dollar Tree

Hirschfields

Aldi

Best Buy

Starbucks

{ Aerial Photo }



8


CommercialSite

N

HWY 210H

WY 371

Baxter Industrial Park

{ Photos }



9


From Edgewood Drive From Edgewood Drive

From Edgewood Drive From Hwy 371

From Hwy 371 From Hwy 371

{ Zoning Map } City of Baxter



10


C2 - Regional Commercial

{ Zoning Description }



11


C2 - Regional Commercial District10-3G-1: PERMITTED USES:

No structure or land shall be used except for one or more of the following uses:

The following retail sales and service businesses supplying commodities or performing a service primarily for residents of thesurrounding trade area:

Bakery goods sales and baking of goods for retail sales on premises; bank; barbershop; beauty shop; book, office supply andstationery store; business office; candy, ice cream, popcorn, nuts, frozen dessert and soft drink shop; delicatessen and/orconvenience store; drugstore; dry cleaning, and laundry pick up stations including incidental pressing, and repair; departmentstore; florist; gift or novelty store; grocery, fruit or vegetable store; hardware, building supply store; hobby store; laundromat ofthe self-service type; meat market but not including processing for a locker; medical and dental clinic or offices; music store;newsstand; photographic studio; physical culture or dance studio; post office; record shop; restaurant; cafe, tearoom; shoe salesand repair; small appliance repair shop; sporting goods stores; wearing apparel store.

Clinics for human care.

Municipal buildings where the use conducted is customarily considered to be an office use.

Offices of a general nature where the employment within the building does not exceed five hundred (500) persons and theoperations do not include retail sales or warehousing from the site.

Professional offices. (Ord. 8, 12-17-1996)

10-3G-2: CONDITIONAL USES:

No structure or land shall be used for one or more of the following uses except by conditional use permit:

Accessory structures or uses other than those listed as permitted.

Armories, convention halls, sport areas and stadiums.

Art studio, interior decorating studio, photographic studio, and music studio.

Automobile and other vehicles of transportation sales when they are new products and when conducted entirely within abuilding; auto repair; boats and marine sales when conducted entirely within a building, building material yards; commercialgreenhouse, diaper or hand laundry service; furniture sales; garden supply store; interior decorating studio; locksmith; motels andhotels, provided the site shall contain not less than six hundred (600) square feet of area per unit; newspaper and publishingoffice; office buildings; optical and jewelry manufacturing; pet shop provided the operation shall not include the commercialboarding of pets on the site; the maintaining of pens or cages outside the building, or the operating of, so as to cause anoffensive odor or noise; photographic supplies and processing of film and prints; picture framing; printing shop, physical cultureand health studio, radio and television repair; rugs and floor covering sales; seat cover, upholstery and drapery shop; wholesaleoffice and showroom.

Bowling alleys; billiard and pool rooms; drive-in theaters; skating rinks; dance halls; gymnasiums; YMCA; YWCA; nightclubs;fraternal organizations; bus terminals; business or trade school when conducted entirely within a building; drive-in businesssubject to the requirements of this title; electrical service, heating, plumbing, appliances, upholstery or air conditioning serviceshop.

Conduct a fabrication, storage, packaging and/or wholesaling operation or providing a service including any of the following orsimilar uses meeting the performance standards applicable to the C2 district:

Electronic components and products.

Fishing tackle.


{ Zoning Description }



12


Research laboratories as a part of another business and where such laboratories do not use more than twenty five percent (25%)of the area of the building area housing such business.

Essential service structures, including, but not limited to, buildings such as telephone exchange stations, booster or pressurestations, elevated tanks, lift stations, and electric power substations.

Funeral homes and mortuaries.

Historical buildings, museums, art institutes, galleries, and theaters for the performing arts.

Motor fuel stations developed as an integral part of, and in conjunction with, a permitted use or uses which total developmentshall have a minimum site area of not less than three (3) acres and subject to the requirements of this title.

Multibusiness pylon signs.

Nonprofit clubs and lodges provided they are not less than seventy five feet (75') from an R district.

Off-sale liquor store.

Pawnshops, secondhand stores and antique shops.

Planned unit development (PUD) with a minimum size of ten (10) acres 1.

Radio and television and telephone towers.

Radio and television studios.

Stone and monument sales.

Tattoo parlors and body piercing shops.

Theaters.

Truck and freight terminals with not to exceed ten (10) truck dock stalls.

Used vehicle sales.

Warehousing and wholesaling. (Ord. 2003-2, 8-5-2003; amd. Ord. 2004-13, 9-21-2004; Ord. 2006-2, 1-17-2006)

10-3G-2-1: INTERIM USES:

As determined by the planning and zoning commission. (Ord. 2004-8, 4-20-2004)

10-3G-3: ACCESSORY USES:

No accessory structure or use of land shall be permitted except for one or more of the following uses:

Any incidental repair, processing or storage necessary to conduct a permitted principal use shall not occupy more than thirtypercent (30%) of the gross floor area of the principal building.

Buildings temporarily located for purposes of construction on the premises for a period not to exceed time necessary to completesaid construction.

Decorative landscape features.

Open sales lots for the seasonal sale of Christmas trees and nursery stock.

Private garages, off street parking and loading spaces as regulated in this title.

Public telephone booths, provided all yard requirements for accessory uses are met.

Signs as regulated by section 10-5-1 of this title. (Ord. 8, 12-17-1996; amd. Ord. 8.38, 9-18-2001)

10-3I-5: LOT AREA, HEIGHT, LOT WIDTH, AND YARD REQUIREMENTS: Please ask agent for a copy of further zoning requirements or log on to www.ci.baxter.mn.us

{ Traffic Counts } 2013 Counts from MNDOT



13


Baxter Traffic Counts: 27,600 on Hwy 371

{ Location Map }



14


North

South

{ Demographics }



15


Trade Area 2015 Population (Includes the following counties): Crow Wing County 64,354Cass County 29,107Total Trade Area Population 93,461

2015 Population: Brainerd 30,237Baxter 7,894

Estimated Summer Population: Brainerd/Baxter 200,000+

Projected Population Growth Change 2015-2020:Crow Wing County 0.53% Baxter 0.77%

Households in 2015: Crow Wing County 27,048Baxter 3,113

2015 Median Household Income: Crow Wing County $49,559 Baxter $62,474

Crow Wing County Retail Sales in 2004: $1,563,020,000

Major Employers (with 150 or more employees): # of Employees Brainerd Public Schools #181 Brainerd 950 St. Joseph’s Medical Center Brainerd 908 Brainerd Regional Human Service Ctr Brainerd 677 Grand View Lodge Nisswa 600Maddens, Inc. Brainerd 500 Crow Wing County Brainerd 450 Ascensus Brainerd 404 Cuyuna Regional Medical Center Crosby 390 Cragun’s Resort Brainerd 350 Bethany Good Samaritan Village Brainerd 325Central Lakes Community College Brainerd 313Super Wal-Mart Baxter 300Brainerd Medical Center Brainerd 285Crosby Public Schools-ISD Crosby 255Ruttger’s Bay Lake Lodge Deerwood 250U.S. Link Pequot Lakes 246Trus Joist Mac Millan Brainerd 220 Breezy Point Resort Breezy Point 205 Pequot Lakes Public Schools Pequot Lakes 200 Riverwood International USA Crosby 190Nor-son, Inc. Baxter 177MN Dept of Transportation Baxter 175Anderson Brothers Construction Brainerd 160Keystone Automotive Industries Brainerd 157Woodland Good Samaritan Village Brainerd 150Good Neighbor Home Health Care Brainerd 150


{ Demographics }



16


Area Businesses: (To see a list of additional businesses, please go to www.explorebrainerdlakes.com)

Financial Institutions: 15+ (multiple locations not counted)

Churches: 30+

Schools: 15+

Golf Courses: 27+

Resorts:Bay Colony InnBreezy Point ResortCragunsFritz’s ResortGrand View LodgeGull Lake ResortIzaty’sKavanaugh’sLost Lake LodgeMaddensQuarterdeckRuttger’s Bay Lake LodgeSullivansPlus numerous others

Major Retailers:Anytime FitnessBaxter Village(6 Retailers)Best BuyBig LotsBook WorldBrother’s MotorsportsChristmas PointCostcoCrosslake Town Square (12 Retailers)Cub Foods (2)Discount TireDunham’s SportsEast Brainerd Mall (17 Retailers)Fleet FarmGander MountainHerberger’sHome DepotJC Penney’sKohl’s

Major Retailers Continued:MenardsNorthwoods Plaza (6 Retailers)Office MaxSearsSuper OneSuper Wal-MartTargetThe Power LodgeWalgreensWestgate Mall(27 Retailers)

Restaurants/Fast Food:371 DinerAntler’sApplebee’sArby’sBar HarborBilly’sBlack Bear Lodge & SaloonBonanzaBoulder Tap HouseBreezy Point MarinaBuffalo Wild WingsBurger KingCaribou Coffee (2)Cherry BerryChina BuffetChina GardenCold Stone CreameryCountry KitchenCragun’s Legacy GrillCulver’sDairy Queen (3)Domino’s PizzaEl TequilaErbert & GerbertsErnie’sFour SeasGiovanni’s PizzaGrizzly’s Grill & SaloonHalf Moon SaloonHardee’sHunt ‘N Shack

Restaurants/Fast Food ContinuedIven’s on the BayJack’s HouseJake’sJimmy John’sKFC (2)Madden’s Classic GrillManhattan BeachMaucieri’sMcDonalds (3)Moonlite BayNorthwest Pizza & Boardwalk BagelOlive GardenPapa John’s PizzaPapa Murphy’s PizzaPerkinsPestello’sPine PeaksPizza HutPizza RanchPoncho & Lefty’sPrairie BayPrime TimeQuarterdeckRafferty’s Pizza (3)Riverside InnRuttger’sSawmill InnSherwood ForestStarbucksSubway (3)Sunshine/MoonshineTaco BellTaco John’sThe BarnThe ChapThe CommanderThe Lodge GrillThe Pines at GrandviewTimberjackTJ’s Log CabinWendy’s (2)Ye Ole WharfZorbaz (2)

{ Thank You }

17


521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com

Thank you for considering this Close - Converse opportunity

Close - Converse is pleased to present this real estate opportunity for your review. It is our intention toprovide you with the breadth of information and data that will allow you to make an informed decision.

We are here to help

Please review this package and contact us with any questions you may have. We are prepared to discusshow this property meets your needs and desires. Facts, figures and background information will aid inyour decision. Should you need specialized counsel in the areas of taxation, law, finance, or other areasof professional expertise, we will be happy to work with your advisor or, we can recommend competentprofessionals.

How to acquire this opportunity

When you have made a decision to move forward, we can help structure a proposal that covers all thecomplexities of a commercial real estate transaction. As seller’s/landlord’s representatives, we know theseller’s/landlord’s specific needs and can tailor a proposal that expresses your desires, provides appropri-ate contingencies for due diligence and results in a win-win transaction for all parties.

Agency and you

Generally, we are retained by sellers or landlords to represent them in the packaging and marketing oftheir commercial, investment or development real estate. You are encouraged to review the Minnesotadisclosure form “Agency Relationships in Real Estate Transactions” which is enclosed at the end of thispackage. If you have questions about agency and how it relates to your search for the right property,please ask us. We will answer all your questions and review the alternatives.

Should you wish to pursue this opportunity, please acknowledge your review of “Agency Relationships”by signing, dating and returning it to us.

{ Agency Disclosure }



18


{ Contact }



Address: 521 Charles StreetPO Box 327Brainerd, MN 56401

Telephone: 218-828-3334

Fax: 218-828-4330

Website: www.closeconverse.com

You may also contact the following members of the Close~Converse team by cell phone or email.

Chris Close, CCIM 218-831-7510 [email protected]

Kevin Close 218-831-3077 [email protected]

Nate Grotzke, CCIM 218-838-1000 [email protected]

Tim Miller 218-838-8772 [email protected]

Rod Osterloh 218-831-1301 [email protected]

Jody Osterloh 218-831-0712 cell [email protected]

19


14417 EDGEWOOD DRIVE, BAXTER, MN · 2016. 4. 1. · Location: 14417 Edgewood Drive, Baxter, MN...

Documents

Transcript of 14417 EDGEWOOD DRIVE, BAXTER, MN · 2016. 4. 1. · Location: 14417 Edgewood Drive, Baxter, MN...