1006 WASHINGTON STREET, BRAINERD

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1 FOR SALE 1006 WASHINGTON STREET, BRAINERD COMMERCIAL REAL ESTATE BUSINESS BROKERAGE LAND & BUILDING DEVELOPMENT INVESTMENT & INCOME PROPERTIES TAX DEFERRAL STRATEGIES

2 { Table of Contents } Page 3, 4 Features 5 Floor Plan 6, 7 Photos 8, 9 Aerial Photos 10 Section Map 11 Plat Map 12 Zoning Map 13, 14 Zoning Description 15 Traffic Counts 16 Location Map 17, 18 Demographics 19 Thank You 20 Agency Disclosure 21 Contact 2

3 { Features } Service Shop & Office Great opportunity to locate your servicebusiness along the heavily traveled Washington Street/Hwy 210 East corridor. This highly visible, easily accessible property is located near the crux of downtown Brainerd, across from the Franklin Arts Center. Office space plus two large shop areas with storage makes this building practical and functional, especially for an auto-related business. Location: 1006 Washington Street, Brainerd, MN Directions: Lot Size: From the historic water tower in downtown Brainerd - East on Washington Street to N 10th Street - Property is on Right (south) 0.28 acres (12,180 sq. ft.) To Be Split Off from.45 Acre Parcel Lot Dimensions: 130 x 65 Note: Exact Dimensions To Be Determined After Property is Split Frontage: 130 along Washington Street Building Size: 4,102 sq. ft. Total East Shop/Storage/Office: 3,084 sq. ft. West Shop: 1,000 sq. ft Connector to East Shop Purchase Price: $160, Real Estate Taxes: To Be Assessed After Property is Split Water & Sewer: Heating: City Natural Gas Ceiling Mount Heaters Continued on next page. 3

4 { Features } Cooling: Electric: Lighting: Construction Type: Foundation: Roof: Exterior: 2 Wall Units (East Office & Shop) 200 Amp Fluorescent Steel Frame Concrete Slab Metal Metal Ceiling Height: East Office: 8 East Shop: 13 West Shop: 10 Overhead Doors: East Shop: 1 (11 W x 12 H) West Shop: 1 (16 W x 8 H) and 1 (9 W x 8 H) Bathrooms: 1 Floor Drains: 1 Parking: Zoning: PID#: Legal: 10+ Asphalt Parking Spaces I1 - Light Industrial Part of A009 (To Be Split) To be split to the west approx. 130 of: N'ly 65 ft of Lots 1 thru 8 Block 22 of First Addn to Brainerd & Pt of vacated N 11th St (Formerly Bluff Ave) being a portion of BNSF RR Co Station ground property situated in NE1/4 Desc: Beg at NW cor of sd Lot 8 sd point being on S line of Main St as sd St is shown on sd Plat of First Addn to Brd then E'ly ald sd S line of Main St & its E'ly prolongation 300 ft MOL to E line of sd N 11th St then S alg sd E line of N 11th St 65ft then W parallel with sd S line of Main St a dist of 300 ft MOL to W line of sd Lot 8 then N alg sd W lien of Lot 8 a dist of 65 ft to POB. 4

5 { Floor Plan } 5

6 { Photos } East Shop / Storage / Office East Office East Office East Shop East Shop East Shop 6

7 { Photos } East Shop East Shop East Storage West Shop West Shop West Shop 7

8 { Aerial Photo } N Brainerd High School Dairy Queen Hardee s St. Joseph s Hospital Northern Pacific Center DOWNTOWN BRAINERD Building For Sale GILLIS AVE Super America WASHINGTON ST/HWY 210 Mr. Tire Midway Auto Sakura Express Tom s TV NE Liquors Taco Johns E Side Auto Little Caesar s Zion Peterson Church Towing Batterie s Plus Franklin Arts Center Jimmy Johns Corral Auto Gregory Park McDonalds CashWise KFC Anytime Fitness East Brainerd Shopping Center Cub Foods Four Seas Dollar Tree LSS HWY 25 Ascensus Nelson Doran Funeral Home Ascensus Subway Caribou Health First Bethlehem Church CR 3 8

9 { Aerial Photo } N East Brainerd Shopping Center Bethlehem Church Gregory Park Franklin Arts Center Jimmy Johns Taco Johns KFC CashWise McDonalds Super America Nelson Doran Funeral Home Ascensus DOWNTOWN BRAINERD Building For Sale Northern Pacific Center Franklin Arts Center Zion Church Little Caesar s O Reilly Auto Parts Batteries Plus Food Co-op Peterson Towing 9

10 { Section Map } 10

11 { Plat } 11

12 { Zoning Map } I1 - Light Industrial 12

13 { Zoning Description } SECTION LIGHT INDUSTRY DISTRICT (I-1) Subd. 1. Purpose This district is established to allow and preserve areas for the development of industrial parks. Subd. 2. Permitted Uses (1) Conducting a process, fabrication, wholesale operation, manufacturing or providing a service, including any of the following or similar uses meeting the performance standards applicable to the I-1 District, provided that all development uses in the I-1 District are conducted wholly within a building (2) Machine shops (3) Paper products from previously processed paper. Radio and television studios and towers (4) Research laboratories (5) Electronics assembly and testing (6) Drive-in business as regulated by Section (7) Warehousing and wholesaling (8) Advertising signs (billboards) (9) Guard/Reserve Facilities (10) Retail sales incidental to the Manufacture, processing or wholesaling of products manufactured on, processed on, or wholesaled from the premises subject, however, to the following conditions: a. The retail sales area shall be segregated from the principal use of the building b. The retail sales area shall not exceed 10% of the gross floor area of the building (11) Automobile Body Shop and Transmission Repair subject, however to the following conditions: a. All outdoor storage of vehicles shall be screened by at least a 6 foot fence, but not in excess of 8 ½ feet in height, and shall be 90 percent opaque fence b. Any vehicle parked or stored on the property for longer than 24 hours shall be kept in the screened yard c. No outdoor display of merchandise is permitted d. No outdoor sales of merchandise is permitted Continued on next page. 13

14 { Zoning Description } Subd. 3. Accessory Uses (1) Off-street parking and loading as regulated in this Ordinance (2) Signs as regulated in this Ordinance (3) Residence for night watchman or other security personnel Subd. 4. Conditional Uses (1) Trucking and freight terminals (2) Open sales lot, provided that all open storage be screened by a fence or compact evergreen hedge at least 50 percent opaque at least 6 feet high (3) Any accessory structures or uses other than those listed as permitted (4) Bulk liquid storage (5) Offices of a general nature and the operations do not include retail sales or warehousing from the site. (6) Planned Unit Developments (7) Placement and operation of outdoor wood burning furnaces Subject to provisions of Section Subd. 21 Subd. 5. Minimum Lot Requirements and Setbacks Lot Area: 24,000 sq. ft. Lot Width: 100 ft. Front Yard Setback: 40 ft. Side Yard Setback, internal lot: 10% of lot width Side Yard Setback, corner lot: 20 ft. Setback from adjacent residential zoning: 100 ft. Rear Yard Setback: 30 ft. Height Requirement: Every structure shall be setback one additional foot from adjacent property lines for every foot over 30 feet of height 14

15 { Traffic Counts } 2013 Counts from MNDOT Brainerd Traffic Counts: 21,600 on Washington St NE / Hwy 210 and 870 on Kingwood St 15

16 { Location Map } North South 16

17 { Demographics } Figures from STDB, CCIM Trade Area 2015 Population (Includes the following counties): Crow Wing County 64,354 Cass County 29,107 Total Trade Area Population 93, Population: Brainerd 30,237 Baxter 7,894 Estimated Summer Population: Brainerd/Baxter 200,000+ Projected Population Growth Change : Crow Wing County 0.53% Brainerd 0.34% Households in 2015: Crow Wing County 27,048 Brainerd 12, Median Household Income: Crow Wing County $49,559 Brainerd $44,444 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 600 Maddens, 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 325 Central Lakes Community College Brainerd 313 Super Wal-Mart Baxter 300 Brainerd Medical Center Brainerd 285 Crosby Public Schools-ISD Crosby 255 Ruttger s Bay Lake Lodge Deerwood 250 U.S. Link Pequot Lakes 246 Trus Joist Mac Millan Brainerd 220 Breezy Point Resort Breezy Point 205 Pequot Lakes Public Schools Pequot Lakes 200 Riverwood International USA Crosby 190 Nor-son, Inc. Baxter 177 MN Dept of Transportation Baxter 175 Anderson Brothers Construction Brainerd 160 Keystone Automotive Industries Brainerd 157 Woodland Good Samaritan Village Brainerd 150 Good Neighbor Home Health Care Brainerd 150 Continued on next page. 17

18 { Demographics } Area Businesses: (To see a list of additional businesses, please go to 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: Anytime Fitness Baxter Village (6 Retailers) Best Buy Big Lots Book World Brother s Motorsports Christmas Point Costco Crosslake Town Square (12 Retailers) Cub Foods (2) Discount Tire Dunham Sports East Brainerd Mall (17 Retailers) Fleet Farm Gander Mountain Herberger s Home Depot JC Penney s Kohl s Major Retailers Continued: Menards Northwoods Plaza (6 Retailers) Office Max Sears Super One Super Wal-Mart Target The Power Lodge Walgreens Westgate Mall (27 Retailers) Restaurants/Fast Food: 371 Diner Antler s Applebee s Arby s Bar Harbor Billy s Black Bear Lodge & Saloon Bonanza Boomer Pizza Boulder Tap House Brick House Pizza Breezy Point Marina Buffalo Wild Wings Burger King 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) Domino s Pizza El Tequila Erbert & Gerberts Ernie s Four Seas Giovanni s Pizza Grizzly s Grill & Saloon Restaurants/Fast Food Continued Half Moon Saloon Hardee s Hunt N Shack Iven s on the Bay Jack s House Jakes s Jimmy John s KFC (2) Madden s Classic Grill Manhattan Beach Maucieri s McDonalds (3) Moonlite Bay 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 Sawmill Inn Sherwood Forest Starbucks Subway (3) Sunshine/Moonshine Taco Bell Taco John s The Barn The Chap The Commander The Lodge Grill The Pines at Grandview Timberjack TJ s Log Cabin Wendy s (2) Ye Ole Wharf Zorbaz (2) 18

19 { 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. 19

20 { Agency Disclosure } 20

21 { Contact } Address: 521 Charles Street PO Box 327 Brainerd, MN Telephone: Fax: Website: You may also contact the following members of the Close~Converse team by cell phone or . Tim Miller Nate Grotzke, CCIM Kevin Close Chris Close, CCIM Jody Osterloh Rod Osterloh cell tim@closeconverse.com cell nate@closeconverse.com cell kevin@closeconverse.com cell chris@closeconverse.com cell, jody@closeconverse.com cell osterloh@closeconverse.com 21