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$1,075,000 -$75,000 (-6.52%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 10,461 Sq. Ft.
  • 6.55 Acres
  • Updated 1 hour ago
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This well maintained, income producing building is currently home to a diverse mix of established tenants, including a salon, lash studio, taphouse, flower shop, wing wellness business, and an attorney's office, providing strong rental appeal and built-in cash flow. The property also features additional office suites and storage space on the lower level, offering room for expansion, additional tenants, or owner use. Its flexible, layout supports a wide range of business and investment strategies. Located next to everything Crosslake has to offer, this property benefits from excellent visibility, strong local traffic, and long-term growth potential. Adding to its future value, the new Loon Center is planned to be built directly across the street in 2026, further enhancing foot traffic and desirability. Offered at $1,150,000, this is a rare chance to acquire a cornerstone commercial property in one of northern Minnesota's most sought-after lake communities. I deal for investors, entrepreneurs, or businesses seeking a premier location with upside potential. Please see the Investor Highlights in the supplements.

Full Property Details for 35494 Co Rd 3

General

  • Price: $1,075,000
  • Taxes: $8,421 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7001079
  • Updated: 3/3/2026
  • Added to Site: 74 day(s) ago

Interior

  • Flooring: Vinyl

Additional Information

  • Amenities: Cable, Ceiling Fan(s), Deck, Ethernet Wired, Local Area Network, Natural Woodwork, Other, Skylight, Vaulted Ceiling(s)

Exterior

  • Porch/Patio/Deck: Front Porch, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 21 x 22 16 x 26
  • Garage Spaces: 4
  • Parking Features: Attached Garage, Asphalt, Heated Garage, Insulated Garage, Paved Lot

Location

  • County: Crow Wing
  • Township: Crosslake
  • Driving Directions: South on CR66 to left on CR3.

School Information

  • School District: 909 - Pequot Lakes
  • High School District: Pequot Lakes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: Drilled, Well
  • Utility Description: Electric Separate, Heating Separate

Structural Information

  • Exterior Const.: Block, Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Finished, Full, Partially Finished
  • Foundation Size: 10461
  • Roof: Asphalt, Wood
  • Disability Access: Wheelchair Ramp(s)
  • Square Feet: 10,461
  • Finished Down/Base.: 10,461 Sq. Ft.
  • Current Bldg. Use: Retail
  • Year Built: 1987

Lot Features

  • Lot Size (Acres): 6.55
  • Lot Dimensions: Irregular
  • Frontage: County Road
  • Potential Use: Office, Other, Professional Service, Rest/Lounge, Restaurant, Retail, Shop, Grocery, Lounge/Bar
  • Zoning: Business/Commercial
  • Lot Description: Medium Tree Coverage

Financial Considerations

  • Operating Expenses: $34,753
  • Tax Amount: $8,421
  • Tax Year: 2025
  • Terms: Conventional, Cash, Special Funding
  • Owner Pays: All Utilities
  • Tenant Pays: Maintenance

Disclosures and Reports

  • Legal Description: THAT PT OF SE1/4 OF NW1/4 SEC 21 DAF: BEG AT SE COR OF SD SENW THEN S 89D 53'47" W ALG S LINE OF SD SENW A DIST OF 1208.83 FT THEN N 19D 25' E A DIST OF 500.51 FT MOL TO C/L OF CSAH 3 THEN SE'LY & E'L
  • Inclusions: Building
  • Property ID: 120212400LBA889

Listed by Jason Mitchell Group

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Listing agents

— 35494 Co Rd 3 —

  • Jason Mitchell Group

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 35494 Co Rd 3

School District:Pequot Lakes Public Schools
NameGradesDistance
Eagle View Elementary School
6539 County Road 11, Breezy Point, MN 56472
PK-48.8 mi
Pequot Lakes Middle School
30805 Olson Street, Pequot Lakes, MN 56472
5-811 mi
Pequot Lakes Senior High School
30805 Olson Street, Pequot Lakes, MN 56472
9-1211 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 35494 Co Rd 3 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/03/2026
Price Reduced
$1,075,000
-6.52%
MLS
12/19/2025
Listed
$1,150,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 35494 Co Rd 3

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,446
33%
$651,100
10%
2024
$6,352
-2%
$589,400
26%
2023
$6,482
—
$467,200
7%
2023
$6,482
-20%
$435,800
7%
2021
$8,136
-5%
$406,200
-1%
2020
$8,550
—
$410,900
2%
2020
$8,550
-4%
$404,800
-1%
2019
$8,912
3%
$410,900
—
2018
$8,686
-9%
$412,800
-1%
2017
$9,512
-12%
$416,800
-8%
2016
$10,802
1%
$452,800
-1%
2015
$10,678
-7%
$456,300
-6%
2014
$11,480
46%
$485,700
40%
2013
$7,857
—
$347,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 35494 Co Rd 3

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NMLS#: 1598647

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Listed by Jason Mitchell Group

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35494 Cr 3, Crosslake, MN 56442 (MLS# 7001079) is a Commercial property. 35494 Cr 3 is currently listed for $1,075,000 and was received on December 19, 2025. Want to learn more about 35494 Cr 3? Do you have questions about finding other Commercial real estate for sale in Crosslake? You can browse all Crosslake real estate or contact a Coldwell Banker agent to request more information.

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