Baxter, MN 56425

$2,655,000

Property Type: Commercial Square Footage: 14,801 Lot Size (sq. ft.): 106,722 Status: Closed

Current Price: $2,655,000 List Date: 10/31/2022 Last Modified: 12/15/2025

Overview

Description

Excellent opportunity to invest in an office/retail strip center! Northwood Plaza is located in Baxter on a prime corner near several big-box retailers including Costco, Home Depot, and Super Wal-Mart. Current tenants enjoy high traffic counts, excellent visibility and synergistic neighbors in a growing commercial area.

Listing Details MLS# 6224759

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 96
Owner Occupied: No
Waterfront YN: No
Year Built: 2006
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 14801
For Sale or Lease: For Sale
Acres: 2.45
Lot Dimensions: 345x297x326x343

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: Business Service; Commercial; Office; Professional Service; Retail Exterior: Brick/Stone; Stucco Financing Terms: Conventional Foundation: Slab Fuel: Natural Gas Heating: Forced Air Location Description: Free Standing; Strip Center Lot Description: Corner Lot Miscellaneous Information: Single Phase On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Uncovered/Open Road Frontage: City Street; Cul De Sac; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Sewer: City Sewer/Connected Topography: Level Water: City Water/Connected

Contract Information

Off Market Date: 2025-12-15
Closed Date: 2025-12-15
Sales Close Price: 2655000
Contingency: None
ListPrice: 2800000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Baxter
County: Crow Wing
State: MN
Zip Code: 56425
Complex/Dev/Subdivision: Elder Acres First Add

Assessments

Assessment Balance: 14432.2
Tax With Assessments: 50526

Building Information

Building Finished SqFt: 14801
Building SqFt: 14801
Ceiling Height: 8-10

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 28
Section#: 7
Township#: 133

Sale Options

Sale Includes: Building, Land, Leases

Unit Details

Total Units: 6

Listing Office: Close-Converse Commercial Prop

Last Updated: December - 15 - 2025

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.

, Baxter, MN 56425 (MLS# 6224759)