OFFICE / WAREHOUSE

18884 TRACSIDE RD / CR 3, BRAINERD, MN

COMMERCIAL REAL ESTATE | BUSINESS BROKERAGE | LAND & BUILDING DEVELOPMENT INVESTMENT & INCOME PROPERTIES | TAX DEFERRAL STRATEGIES

18884 TRACSIDE RD / CR 3, BRAINERD

{ Table of Contents }

Page 3, 4 5 6, 7 8, 9 10 11 12 13 14 15, 16 17 18 19

Features Floor Plan Photos Aerial Photos Section Map Zoning Map Zoning Description Traffic Counts Location Map Demographics Thank You Agency Disclosure Contact

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Features } Office & Warehouse. Turn-key office/warehouse building available for sale or lease along the County Road 3 corridor between Brainerd and Merrifield. Building is in pristine condition, containing 3 offices, 2 bathrooms, a lunchroom, a patio, a large warehouse area plus a shop space with an overhead door. This well-manicured property is highly visible from CR 3, with easy access. A great opportunity to draw traffic from local customers as well as many tourists traveling to or from their lake properties in the area. Location:

18884 Tracside Road / CR 3, Brainerd, MN 56401

Directions:

From Brainerd - North on Country Road 3 - Left (east) on Legionville Road - Left (south) on Tracside Road - Property is of the left (east)

Lot Size:

3.62 Acres

Frontage:

Approx. 640’ along CR 3

Building Size:

3,200 sq. ft. (80’ x 40’)

Covered Entrance:

264 sq. ft. (22’ x 12’)

Patio:

60 sq. ft. (12’ x 5’)

PRICE REDUCED:

$275,000

Lease Rate:

$1,600/Month Gross + Utilities

2016 Real Estate Taxes:

$3,048

Water:

Well

$180,000

Continued on next page. 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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Features } Sewer:

Septic

Heating:

Natural Gas Forced Air

Cooling:

Central Air - Electric Ground Unit

Electric:

200 Amp & 150 Amp Panels, Single Phase

Lighting:

Fluorescent

Year Built:

2006

Construction Type:

Wood Frame

Foundation:

Poured Concrete

Exterior:

Steel & Brick

Roof:

Steel

Ceiling Height:

Office: 9’ Warehouse: 11’

Overhead Door:

1 (10’ W x 9’ H) in the Shop

Floor Drains:

5

Bathrooms:

2

High Speed Internet:

Yes

Security:

Yes

Blacktop:

2,864 sq. ft. Parking Lot

Parking:

6+ Paved Asphalt Spaces

Outdoor Sprinkling:

Yes (Surrounding the Building)

Zoning:

RR 2.5 - Rural Residential 2.5

PID#:

970142200H00009

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Floor Plan }

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Photos }

Entrance from Tracside Road

Back Side from CR 3

Entry Area

Office

Breakroom

Restroom

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Photos }

Warehouse

Warehouse

Warehouse

Warehouse

Shop

Shop

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Aerial Photo } N

North Long Lake

Warehouse & Office

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Aerial Photo } N

Brainerd Small Engine & Marine

Banick Logging

Warehouse & Office

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Section Map }

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Zoning Map } Rural Residential 2.5

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Zoning Description } ARTICLE 14---RURAL RESIDENTIAL DISTRICT STANDARDS 14.1 PURPOSE A. Rural Residential-1 (RR-1). The purpose of this district is to enable areas outside the shoreland district to be developed with higher residential densities near but not necessarily adjacent to incorporated municipalities. The primary use within this district is single family residential. Compatible commercial uses may be allowed as conditional uses. B. Rural Residential-2.5 (RR-2.5). The purpose of this district is to promote moderate-density development in those portions of the County outside the shoreland district and beyond areas of anticipated municipal growth where such development is desired and most suitable. The primary use within this district is single family residential. Compatible commercial uses may be allowed as conditional uses. C. Rural Residential-5, 10, and 20 (RR-5, RR-10, RR-20). The purpose of these districts is to promote low-density development in those portions of the County outside the shoreland district and beyond areas of anticipated municipal growth where decreased development densities are most suitable. The primary uses within these districts are single family residential with larger lot sizes to protect agricultural areas or critical habitats, or preserve the rural character of an area. D. The Rural Residential District is created to implement the following policy and strategy of the Crow Wing County Comprehensive Plan: 1. Housing and Residential Development Policy, Strategy 2. Update the existing residential ordinances and subdivision regulations to reflect current growth conditions and development trends and landowner’s needs. 14.2 DENSITY AND DIMENSIONAL STANDARDS All lots, structures, and uses in the Rural Residential District shall meet the following density and dimensional requirements: Table 14.1 Lot Size, Width, Setback and Height Standards for Rural Residential Districts Minimum Lot Area: 2.5 Acres Minimum Lot Width: 165’ Structure Lot Line Setbacks: 10’ Road Right-of-Way Setback: 35’ Wetland Setback: 15’ Structure Height: 35’ 14.3 GENERAL STANDARDS A. Lot fronting on two roads. Where a lot is located at the intersection of two or more roads or highways, structures shall meet all required setbacks from both roads. B. Maximum impervious surface coverage: The maximum impervious surface coverage for any lot shall meet the standards in Article 41.2. C. Guest Cottages A. It meets all required setbacks. B. The maximum impervious surface limits for the lot shall not be exceeded. C. The maximum building footprint does not exceed 900 square feet. D. It does not exceed 24 feet in building height.

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Traffic Counts }

2013 Counts from MNDOT

Crow Wing Traffic Counts: 7,900 - 8,500 on CR 3

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Location Map } North

South

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Demographics } Trade Area 2016 Population (Includes the following counties): Crow Wing County Cass County Total Trade Area Population

Figures from STDB, CCIM

65,395 29,482 94,877

2016 Population:

Brainerd Baxter

30,596 8,114

Estimated Summer Population:

Brainerd/Baxter

200,000+

Projected Population Growth Change 2016-2021: Crow Wing County Brainerd Households in 2016:

Crow Wing County Brainerd

0.60% 0.40% 27,185 12,516

2016 Median Household Income: Crow Wing County Brainerd

$50,396 $47,444

Crow Wing County Retail Sales in 2012:

$1,124,967,000

2016 Crow Wing County Major Employers: Essentia Health - Central Region Cuyuna Regional Medical Center Brainerd School District Grand View Lodge Madden’s Resort Ascensus Breezy Point Resort Clow Stamping Crow Wing County Cragun’s Resort Central Lakes College Walmart Cub Foods/Super Valu (3 Stores) Ruttgers Bay Lake Resort Anderson Brothers Construction Pequot Lakes School District Crosby Ironton School District Mills Automotive Bang Printing City of Brainerd Bethany Good Samaritan Costco Woodland Good Samaritan Landys+Gyr Inc. Nortech Systems

Industry Healthcare Helthcare Education Tourism Tourism Technology Tourism Manufacturing Government Tourism Education Retail Retail Tourism Construction Education Education Retail Manufacturing Government Healthcare Retail Healthcare Energy Manufacturing

# of Employees 1,460 947 893 720 550 500 500 440 415 380 325 320 320 300 260 240 240 220 218 208 175 175 175 140 97

Continued on next page.

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Demographics } 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 Inn Breezy Point Resort Craguns Fritz’s Resort Grand View Lodge Gull Lake Resort Izaty’s Kavanaugh’s Lost Lake Lodge Maddens Quarterdeck Ruttger’s Bay Lake Lodge Sullivans Plus numerous others Major Retailers: Aldi Anytime Fitness Auto Zone Best Buy Big Lots Book World Brother’s Motorsports Cashwise Liquor (2) Christmas Point Costco Cub Foods (2) Discount Tire Dunham’s Sports East Brainerd Mall (17 Retailers) Fleet Farm Gander Mountain Herberger’s Home Depot JC Penney’s Jiffy Lube Kohl’s

Major Retailers Continued: Menards Office Max Sears Super One Super Wal-Mart Target The Power Lodge Walgreens Westgate Mall (27 Retailers) Westside Liquor Restaurants/Fast Food: 218 Local 371 Diner 612 Station Antler’s Applebee’s Arby’s Bar Harbor Baxter’s Billy’s Black Bear Lodge & Saloon Boomer Pizza Boulder Tap House Breezy Point Marina Brick House Pizza Buffalo Wild Wings Burger King Burritos California Caribou Coffee (2) Cherry Berry China Buffet China Garden Cold Stone Creamery Country Kitchen Cowboy’s Cragun’s Legacy Grill Cru Culver’s Dairy Queen (3) Diamond House Domino’s Pizza El Tequila Erbert & Gerberts Ernie’s Four Seas Giovanni’s Pizza

Restaurants/Fast Food Continued Grizzly’s Grill & Saloon Half Moon Saloon Hardee’s Hunt ‘N Shack Jack’s House Jake’s Jimmy John’s KFC (2) Lucky’s Madden’s Classic Grill Manhattan Beach Maucieri’s McDonalds (3) Moonlite Bay Northern Cowboy’s Northwinds Grille Olive Garden Papa John’s Pizza Papa Murphy’s Pizza Perkins Pestello’s Pine Peaks Pizza Hut Pizza Ranch Poncho & Lefty’s Prairie Bay Prime Time Quarterdeck Rafferty’s Pizza (3) Riverside Inn Ruttger’s Sakura Sawmill Inn Sherwood Forest Starbucks (2) Subway (3) Taco Bell Taco John’s The Barn The Chap The Commander The Pines at Grandview Tim Horton’s Timberjack Wendy’s (2) Ye Ole Wharf Zorbaz (2)

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Thank You } 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 to provide 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 discuss how this property meets your needs and desires. Facts, figures and background information will aid in your decision. Should you need specialized counsel in the areas of taxation, law, finance, or other areas of professional expertise, we will be happy to work with your advisor or, we can recommend competent professionals.

How to acquire this opportunity When you have made a decision to move forward, we can help structure a proposal that covers all the complexities of a commercial real estate transaction. As seller’s representatives, we know the seller’s specific needs and can tailor a proposal that expresses your desires, provides appropriate 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 of their commercial, investment or development real estate. You are encouraged to review the Minnesota disclosure form “Agency Relationships in Real Estate Transactions” which is enclosed at the end of this package. 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.

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Agency Disclosure }

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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18884 TRACSIDE RD / CR 3, BRAINERD

{ Contact }

Address:

521 Charles Street PO Box 327 Brainerd, 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.

Tim Miller, CCIM

218-838-8772 cell [email protected]

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

218-831-7510 cell [email protected]

Rod Osterloh, ALC

218-831-1301 cell [email protected]

Kevin Close

218-831-3077 cell [email protected]

Jody Osterloh

218-831-0712 cell [email protected]

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, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

www.closeconverse.com

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