4407 Main Street, Pequot Lakes, MN 56472 (MLS# 7110922)

4407 Main Street, Pequot Lakes, MN 56472

$595,000
Property Type: Commercial Square Footage: 5,668 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $595,000 List Date: 7/17/2026 Last Modified: 9/17/2026

Overview

Description

Live, Work, and Thrive in Northern Minnesota’s Premier Vacation Destination! Investment Opportunity: Commercial Building with Attached 2-BR, 2-BA Living Quarters plus an attached garage. Turn your entrepreneurial dreams into reality with this versatile, high-visibility commercial property nestled in the heart of Pequot Lakes. Currently used a dance studio, this property is perfect for retail, a boutique, or a professional office. This property offers the ultimate live-work setup or an incredible dual-income stream. Property Highlights: • Prime Commercial Space: Bright, open-concept retail or office storefront with large display windows, high foot traffic, and excellent street visibility. • Move-In Ready Residence: A private, attached 2-bedroom, 2-bathroom home with an attached garage featuring a modern layout, spacious living area, full kitchen and backyard patio/garden space—perfect for an owner-operator or rental income. • Unbeatable Location: Situated in a vibrant, high- ...

Listing Details MLS# 7110922

General Property Information

Lot Measurement
Acres
Management Company Name
owner
Multiple PIDs?
No
Other Parking Spaces
5
Owner Occupied
Yes
Waterfront YN
No
Year Built
1964
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Other
Foundation Size
3600
Garage Stalls
Yes
Power Company
Minnesota Power
For Sale or Lease
For Sale
Acres
0.13
Lot Dimensions
46x100x67x50x21x50
Assessment Pending
No

Property Features

Accessible: No Stairs External Air Conditioning: Central Air Amenities Shared: None Amenities Unit: Cable; City View; Kitchen Window; Paneled Doors; Patio; Porch; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Basement: Concrete Block; Partial CMU Style: Business Opportunity; Freestanding; Mixed Use; Other Construction Materials: Concrete; Frame Construction Status: Previously Owned Current Use: Business Service; Residential Exterior: Engineered Wood Fencing: Wood Flooring: Luxury Vinyl Tile; Other/See Remarks Foundation: Concrete Block; Slab Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Loan Terms: Cash; Conventional Location Description: Downtown Lock Box Type: None Lot Description: Irregular Lot Miscellaneous Information: 2+ Lavatories; 220 Volt; Building Sign; Display Window On Site Utilities: Electric Common; Heating Common Overhead Door Clearance: 0-9 Feet Owner Pays: All Utilities; Taxes Parking Characteristics: Finished Garage; Garage Door Opener; Heated Garage; Insulated Garage Potential Use: Other; Professional; Retail Road Frontage: City Street; Curbs; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: None Topography: Level Wall Description: Drywall Water: City Water/Connected Window Features: Display Window(s)

Contract Information

Contingency
None
ListPrice
595000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4407
Street Name
Main
Street Suffix
Street
Postal City
Pequot Lakes
County
Crow Wing
State
MN
Zip Code
56472
Complex/Dev/Subdivision
Coles Plat of Pequot

Assessments

Tax With Assessments
6880

Basement

Foundation Dimensions
40x40 40x50

More Information

Building Information

Building Finished SqFt
5332
Building SqFt
5668
Ceiling Height
Varied Heights

Income and Expenses

Annual Electric Expense
1253
Annual Fuel Expense
1773
Annual Gross Income
116000
Annual Insurance Expense
5000
Annual Maintenance Expense
500
Annual Net Income
23000
Annual Repair Expense
300
Annual Trash Expense
408
Annual Water/Sewer Expense
677

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
12x23
Garage Door Height
9
Garage Door Width
7
Garage Square Feet
276

Sale Options

Sale Includes
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land

Unit 2

No. of 2 Bedroom Units
Yes

Unit Details

Total Units
Yes
IDX
Listing Office: Kurilla Real Estate LTD
Last Updated: September - 17 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.