10035 Pokegama Lake Road Drive, Pine City, MN 55063

Overview

Description

This property lies amongst mature trees with beautiful views of the popular Pokegama Lake/.72 acre site with historic brick building. Eagles soaring, tranquil beauty all around! It's a total rehab project. The property offers access to community well, city sewer, views of Lake Pokegama and across the street is the back waters of the Snake River which connects to the Lake. Great location, centrally located between the metro area and Duluth just off of Interstate 35 just west of Pine City, and near many recreational lakes for fishing and water sports. Boat landing 2 blks away! Come with your ideas for renovation of this unique building. Senior Rental or a Multifamily Rental? Sold AS IS. It was built as a Sanatorium in 1920.Current zoning is High Density Residential and commercia.Full disclosure, there are no actual Bed RM's, and plumbing is in however no bathrooms. Entire bldg is a clean slate to create your dream. Agent to Verify all measurements. Enter the building at your own risk.

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1920
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 4234
Above Ground SqFt: 8468
Below Grd Total SqFt: 4234
Total SqFt: 12702
Foundation Size: 4234
Style: (MF) Other
Total Finished Sqft: 12702.00
Lake/Waterfront Name: Pokegama
Lot Dimensions: 140x237x66x78x231
Acres: 0.72
Assessment Pending: No
# Carport Spaces: 0
Garage Stalls: 0

Property Features

Accessible: None Basement: Poured Concrete Construction Status: Previously Owned Exterior: Brick/Stone Foundation: Brick/Mortar; Other Fuel: Propane Heating: Hot Water Sewer: Other Topography: Gently Rolling; Wooded Water: Well Waterfront View: Lake

Contract Information

Contingency: None
Original List Price: 225000
ListPrice: 225000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 10035
Street Name: Pokegama Lake Road
Street Suffix: Drive
Postal City: Pine City
County: Pine
State: MN
Zip Code: 55063
Complex/Dev/Subdivision: Pine Shores at Pokegama Estate

Assessments

Tax With Assessments: 360
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 8468
Finished SqFt Below Ground: 4234

More Information

Lake Details

Lake Acres: 1521
Lake Depth: 25

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 22
Section#: 35
Township#: 39

Unit 1

Furnished?: No
Leased?: No
Level: 2nd Level
Unit Number: Yes
Finished SqFt: 4234
Full Baths: 3
No. of Units Like This: Yes
Total Baths: 3
Total Bedrooms: 4
Total Rooms: 8

Unit 2

Furnished?: No
Leased?: No
Unit Number: 2
Finished SqFt: 4234
Full Baths: 4
No. of Units Like This: Yes
Total Baths: 4
Total Bedrooms: 4
Total Rooms: 8

Unit 3

Furnished?: No
Leased?: No
Level: Below Ground
Unit Number: 3
Finished SqFt: 4234
No. of Units Like This: Yes
Total Bedrooms: 4
Total Rooms: 8

Unit 4

Furnished?: No
Leased?: No
Level: 4th Level
Unit Number: 4
Finished SqFt: 4234
No. of Units Like This: Yes
Total Rooms: 8

Unit Details

Total Units: 4

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: SECT-35 TWP-039 RANGE-022 PINE SHORES AT POKEGAMA ESTATE LOT-006 BLOCK-001 .72 AC MICRO #564298,565319,569081 Lot 6 Block 1, Pine Shores at Pokegama Estates.
Listing City: Pine City
Map Page: 999
Municipality: Pokegama Twp
School District: Pine City
School District Phone: 320-629-4010
DNR Lake ID#: 58014200
DNR Lake Classification: General Development
Zip Plus 4: 2414
Property ID Number: 0285792000
Tax Year: 2025
Tax Amount: 776
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: This property lies amongst mature trees with beautiful views of the popular Pokegama Lake/.72 acre site with historic brick building. Eagles soaring, tranquil beauty all around! It's a total rehab project. The property offers access to community well, city sewer, views of Lake Pokegama and across the street is the back waters of the Snake River which connects to the Lake. Great location, centrally located between the metro area and Duluth just off of Interstate 35 just west of Pine City, and near many recreational lakes for fishing and water sports. Boat landing 2 blks away! Come with your ideas for renovation of this unique building. Senior Rental or a Multifamily Rental? Sold AS IS. It was built as a Sanatorium in 1920.Current zoning is High Density Residential and commercia.Full disclosure, there are no actual Bed RM's, and plumbing is in however no bathrooms. Entire bldg is a clean slate to create your dream. Agent to Verify all measurements. Enter the building at your own risk.
Directions: West of Pine City on Rd 7, 4 miles to Park Circle right, the continue left on Park Circle to Park Drive to property. Or you can put in GPS 10035 Pokgama Lake Road Pine City, MN.

Accessible

None: Yes

Basement

Poured Concrete: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Foundation

Brick/Mortar: Yes
Other: Yes

Fuel

Propane: Yes

Heating

Hot Water: Yes

Lake/Waterfront

Lake View: Yes

Sewer

Other: Yes

Topography

Gently Rolling: Yes
Wooded: Yes

Water

Well: Yes

Waterfront View

Lake: Yes

Income and Expenses

Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0