1. Minnesota
  2. Isanti
  3. 404 Whiskey Road NW K & L
$299,900

404 Whiskey Road NW K & L, Isanti, MN 55040

  • 2,464 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2004
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $122/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional Investment or Owner-User Opportunity – Rum River Business Condominiums (Units K & L). Discover a rare opportunity to own two beautifully finished commercial units within the Rum River Business Condominiums. Units K & L are currently leased by three long-standing tenants operating within the same footprint and sharing well-appointed common areas including restrooms, a break room, copy center, conference room, and reception area. With flexible floor plans and a drive-through option on the end unit, the property presents excellent potential for reconfiguration into two fully separate spaces or continue to utilize as one 2,464 square foot suite. Perfectly suited for investors and owner-users alike, the property boasts a strong cap rate of over 12% with existing tenants eager to remain. However, current lease agreements are structured to accommodate an owner-occupant if desired. Creative ownership structures are possible, and fractional ownership rights to common elements are detailed in the CIC documents. Recent upgrades include a new roof (2022) and new parking lot that was just completed in June 2025. This association-maintained property offers a hassle-free ownership experience, with dues covering all grounds maintenance, snow removal, trash, water/sewer, exterior electricity, building insurance, fire suppression system, and management services. NDA required and is available to qualified buyers.

Listing Status:
Active
Listing Office:
Century 21 Moline Realty Inc : 763-689-3593
MLS ID:
6762388
  • Appliances: Gas Water HeaterMicrowaveRefrigeratorStainless Steel Appliances
  • Basement: None
  • A/C: Central Air
  • Heating: Forced Air

This listing courtesy of Century 21 Moline Realty Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Isanti Primary School

301 Heritage Blvd NW, Isanti, MN, 55040

Grades EE-2

0.30 miles away

I

Isanti Middle School

201 Centennial Dr, Isanti, MN, 55040

Grades 6-8

0.33 miles away

B

Brookside Academy

1700 305th Ave, Cambridge, MN, 55008

Grades KG-12

2.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.