| Date | December 7, 2026, 10:00 am (America/Chicago) |
|---|---|
| Tracts | 1 of 4 |
| Type | Live with online bidding |
| Tract Status | Active |
| Auction Location | American Legion, 900 1st St E, Park Rapids, MN 56470 |
Tract 4 of 4
Description
Tract 4 Description:
Tract 4 offers 4.7± acres of light industrial ground within the city limits of Park Rapids, on the south end of town. Zoned I-1 Light Industry District, it is sized for a business that needs its own building and yard without taking on more ground than it will use.
This tract works well for a contractor, trades business, or small operation looking to put up a shop or storage building, subject to the city's permitted uses and approvals. It is also a practical option for an investor planning a single building for lease.
The ground is mainly flat, so the building site, parking, and yard area can go in with minimal site work. That helps a smaller project stay on budget from the start.
Being inside city limits in the Hubbard County seat puts a business close to customers, suppliers, and the main routes through the lakes region. Light industrial sites of this size in town are limited. The neighboring tracts are also available for buyers who want more room.
Bullet Points
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4.7± acres, south end of Park Rapids city limits
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Zoned I-1 Light Industry District
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Right-sized for a contractor, shop, or single-building project
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One of four tracts, 50.6± acres total available
Terms of Sale
BUYERS PREMIUM: No buyer’s premium or internet fees
TAXES: Prorated to date of close
TENANCY: Open tenancy for 2027
RENTS: Seller shall retain 2026 rents
MINERALS: State most likely owns
CLOSING COSTS: Buyer pays title search and title insurance. Closing costs split
CLOSING DATE: On or before 30 days from seller acceptance
DOWN PAYMENT: 10%
POSSESSION DATE: At closing
SURVEY: Seller to pay for survey
SELLER: McGrane
SALE ORDER: By the acre
SALE METHOD: Sells Subject to seller acceptance
Licensing
IN COOPERATION WITH WHITETAIL PROPERTIES REAL ESTATE LLC (40316821)
Jeff Evans, Minnesota Broker, License # 40316820
Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332
Jason Ziegler, Minnesota Land Specialist for Whitetail Properties Real Estate, LLC, 701.367.2376
Nate Anderson, Minnesota Land Specialist for Whitetail Properties Real Estate, LLC, 701.412.3526
