Buy or Lease Excellent Commercial Building

Buy or Lease Excellent Commercial Building

3500 sq ft - Prime Location

Intersection of Hwys 4 & 7 in Cosmos, MN

Price: $69,900 Cash or Contract for Deed or Lease entire building & property for $500/mo 

Address: 10 Milky Way N - Cosmos, MN

Location: On the NW corner of the intersection of Hwy 4 & Hwy 7 in Cosmos, MN. One hour west of the Metro.

Building Description: 35x100 includes office area, bathroom,  w/10'wx8'h overhead door & 4 rear walk-in doors. Entire space is insulated and heated w/single & 3 phase electric.  There is an outdoor lot & parking space. Owner is willing to build to suit including putting in an overhead door if required by renter for agreeable consideration.  

Rental Deposit: $750.00 (to lease, renter pays all utilities)

Daily Traffic Count: According to the DOT, the last time the traffic count was done was in 2002.  At that time there were approx 5000 vehicles per day coming through this intersection.

Outdoor sign for advertising & signage on bldg are available.

City water & City Sewer 

Contract for Deed Terms: 1/3 down w/balance to be paid on 10 year am at 6% interest equal to $511.06 Prin & Int/mo plus escrowed taxes & insurance.

Financial Considerations: Assessments: $0   2010 Taxes: $2134.00

Property ID: 21-0019000

Note: The sellers or seller's agents have provided information to the best of their knowledge and are not responsible for any errors.  This is a guide.  Buyers are responsible & encouraged to collect their own information.

L&M Rentals/Mages Land Co & Auction Service

Owner/Realtor: Larry Mages

507-228-8352

bidme5@magesland.com

Realtor/Broker: Matt Mages 507-276-7002

Realtors: Joe Maidl 507-276-7749

Heather Mangen 507-327-7189 

JC Chrest 612-269-6271

Amy Burns 507-766-3744