$3,400,000
Brainerd, MN 56401
MLS# 6788022
Status: Closed
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Property Description
Prime investment opportunity at Baxter Village! Position yourself for long-term success with the purchase of Baxter Village, a premier retail and office center strategically located along the thriving Hwy 371 corridor. This well-maintained property features several established tenants with Boulder Tap House as the anchor, offering a strong and stable income stream. With excellent visibility, convenient access, and high traffic counts, Baxter Village is situated in one of Central Minnesota’s most active commercial districts. The property benefits from a diverse tenant mix including restaurant, retail, medical, and service businesses—creating built-in synergy and long-term value for investors. Highlights include a spacious parking lot, professional curb appeal, and a growing local population that continues to fuel demand. This is a rare chance to acquire an income-producing retail center in a prime Baxter location.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2026-02-09
Current Price: $3,400,000
Closed Date: 2026-02-06
Sales Close Price: 3400000
Contingency: None
ListPrice: 3700000
List Date: 2025-09-12
Office/Member Info
Association: GLAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 122
Owner Occupied: No
Waterfront Present: No
Year Built: 2005
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 329.58x300
Acres: 2.65
Foundation Size: 19811
Garage Stalls: 0
For Sale or Lease: For Sale
Location, Tax and Other Information
Legal Description: LOT 1 BLOCK 1, SUBJECT TO AN EASEMENT OF RECORD.
Listing City: Brainerd
Map Page: 999
Municipality: Baxter
School District: Brainerd
School District Phone: 218-454-6900
Zip Plus 4: 1323
Property ID Number: 40310555
Tax Year: 2025
Tax Amount: 41578
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Prime investment opportunity at Baxter Village! Position yourself for long-term success with the purchase of Baxter Village, a premier retail and office center strategically located along the thriving Hwy 371 corridor. This well-maintained property features several established tenants with Boulder Tap House as the anchor, offering a strong and stable income stream. With excellent visibility, convenient access, and high traffic counts, Baxter Village is situated in one of Central Minnesota’s most active commercial districts. The property benefits from a diverse tenant mix including restaurant, retail, medical, and service businesses—creating built-in synergy and long-term value for investors. Highlights include a spacious parking lot, professional curb appeal, and a growing local population that continues to fuel demand. This is a rare chance to acquire an income-producing retail center in a prime Baxter location.
Directions: From Hwy 210/371 intersection in Baxter - North on Hwy 371 - Left (west) onto Forest Drive - Left (south) on Edgewood Drive - Property is the 1st strip center on the left (east)
Accessible
No Stairs External: 1
No Stairs Internal: 1
Air Conditioning
Central Air: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 41578
Building Information
Building Finished SqFt: 19811
Building SqFt: 19811
Construction Materials
Frame: 1
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Stucco: 1
Financing Terms
Cash: 1
Foundation
Concrete Block: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Paved Lot: 1
Uncovered/Open: 1
Public Survey Info
Range#: 28
Section#: 31
Township#: 134
Road Frontage
City Street: 1
Curbs: 1
Paved Streets: 1
State Road: 1
Storm Sewer: 1
Street Lights: 1
Roof
Flat: 1
Sale Options
Sale Includes: Building, Land, Leases
Sewer
City Sewer/Connected: 1
Stories
One: 1
Topography
Level: 1
Unit Details
Total Units: 7
Water
City Water/Connected: 1
On Site Utilities
Electric Separate: 1
Heating Separate: 1
Hot Water Separate: 1
CMU Style
Retail/Shopping Center: 1
Current Use
Commercial: 1
Food Service: 1
Office: 1
Professional Service: 1
Retail: 1
Location Description
Free Standing: 1
Shopping Center: 1
Strip Center: 1
Potential Use
Income: 1
Location Tax and Other Information
House Number: 15670
Street Name: Edgewood
Street Suffix: Drive
Postal City: Brainerd
County: Crow Wing
State: MN
Zip Code: 56401
Complex/Dev/Subdivision: Baxter Village
Property Features
Accessible: No Stairs External; No Stairs Internal
Air Conditioning: Central Air
CMU Style: Retail/Shopping Center
Construction Materials: Frame
Construction Status: Previously Owned
Current Use: Commercial; Food Service; Office; Professional Service; Retail
Exterior: Brick/Stone; Stucco
Financing Terms: Cash
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Location Description: Free Standing; Shopping Center; Strip Center
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics: Parking Lot; Paved Lot; Uncovered/Open
Potential Use: Income
Road Frontage: City Street; Curbs; Paved Streets; State Road; Storm Sewer; Street Lights
Roof: Flat
Sewer: City Sewer/Connected
Stories: One
Topography: Level
Water: City Water/Connected
Listing Office: Close-Converse Commercial Prop
Last Updated: February - 09 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.