$999,999
408 Lake Street NE
Warroad, MN 56763
MLS# 7041335
18226 sqft


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Property Description
TREMENDOUS INVESTMENT OPPORTUNITY! Come take a look at this nicely renovated building downtown Warroad! The building offers 17 apartments as well as prime Commercial Space in the heart of Warroad! The income generated from the building speaks for itself and offers any investor a unique opportunity to diversify their investment portfolio. The building has updated mechanicals, exterior finishes as well as extensive renovations done throughout the rental units.

Details
Contract Information
Status: Active
Current Price: $999,999
Contingency: None
ListPrice: 999999
List Date: 2026-03-23
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1906
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Foundation Size: 9040
For Sale or Lease: For Sale
Acres: 0.25
Lot Dimensions: 115X115
Assessment Pending: No
Assessments
Tax With Assessments: 12568
Building Information
Building Finished SqFt: 9000
Building SqFt: 18226
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 37
Section#: 29
Township#: 163
Sale Options
Sale Includes: Fixture/Equipment
Unit Details
Total Units: 18
Location Tax and Other Information
House Number: 408
Street Name: Lake
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Warroad
County: Roseau
State: MN
Zip Code: 56763
Property Features
Accessible: None
Air Conditioning: None
CMU Style: Apartments and Retail
Construction Materials: Block
Construction Status: Previously Owned
Current Use: Commercial; Hotel/Motel
Exterior: Aluminum Siding; Brick/Stone
Fuel: Natural Gas
Heating: Boiler; Forced Air
On Site Utilities: Heating Common; Heating Separate; Hot Water Common
Parking Characteristics: Uncovered/Open
Sewer: City Sewer/Connected
Water: City Water/Connected

IDX
Listing Office: Tru North Realty

Last Updated: September - 11 - 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.