30694_ Olson Street, Pequot Lakes, MN 56472

$795,000
Property Type: Commercial Lot Size (sq. ft.): 13,068 Status: Active
Current Price: $795,000 List Date: 3/19/2026 Last Modified: 5/09/2026

Overview

Description

One-of-a-Kind Commercial & Residential Opportunity in the Heart of Pequot Lakes. Welcome to an incredibly rare and versatile property offering 8,250 square feet of space in the heart of Pequot Lakes, just one block off Patriot Ave, .5 miles from US HWY 371, for outstanding visibility and convenience. With its prime location, massive square footage, income potential, and unmatched flexibility, this property truly offers endless possibilities for investors, entrepreneurs, and lifestyle buyers alike. This massive mixed-use property opens the door to countless possibilities. Whether you’re looking for a family compound, event venue with overnight accommodations, commercial office headquarters, storage warehouse, or a residence combined with your trade or service business, this property can accommodate it all. Inside, the layout provides 2 potential rental or living units, equipped with kitchens, laundry, 6 bedrooms, and 4 bathrooms, making it ideal for short-term rentals, long-term tenants, or multi-generational living. An additional garage/storage unit offers another income opportunity or space for equipment, inventory, or hobby storage. For motorsports enthusiasts or investors, the property is located within 15 minutes of Brainerd International Raceway, making it an exceptional option for race teams, event lodging, or a HE/SHE toy headquarters. The property is being offered fully furnished, creating an immediate opportunity to operate as an Airbnb or VRBO rental property from day one. With its prime location, massive square footage, income potential, and unmatched flexibility, this property truly offers endless possibilities for investors, entrepreneurs, and lifestyle buyers alike.

Listing Details MLS# 7037309

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
10
Owner Occupied
No
Waterfront Present
No
Year Built
2001
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
4800
Garage Stalls
4
Power Company
Crow Wing Power
For Sale or Lease
For Sale
Acres
0.3
Lot Dimensions
74 x 175
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Balcony; Deck; Ethernet Wired; Kitchen Center Island; Multiple Phone Lines; Natural Woodwork; Patio Appliances: Cooktop; Dishwasher; Dryer; Freezer; Microwave; Range; Refrigerator; Washer Basement: Concrete Block CMU Style: Apartments/Multi Family; Business Opportunity; Duplex Up and Down; Mixed Use; Office; Other; Storage Unit; Warehouse Construction Materials: Block; Concrete; Frame; Log Construction Status: Previously Owned Current Use: Business Service; Commercial; Event Space; Hotel/Motel Exterior: Log; Metal; Steel Siding; Wood Flooring: Carpet; Concrete Slab; Luxury Vinyl Plank Foundation: Concrete Block; Slab Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Internet Options: Cable; Fiber Optic Loan Terms: Cash; Conventional; Other Location Description: Downtown Lock Box Type: Combo Miscellaneous Information: Furnished Units; Kitchen Facilities On Site Utilities: Electric Common; Heating Common; Hot Water Common Overhead Door Clearance: 15-20 Feet Parking Characteristics: Finished Garage; Multiple Garages; Parking Lot; Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage; Paved Lot; RV Access/Parking Potential Use: Income; Industrial; Motel/Hotel; Office; Other; Professional; Shop; Warehouse; Wholesale Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Metal Sewer: City Sewer/Connected Stories: Two Topography: Level Wall Description: Drywall; Finished; Metal; Wood Water: City Water/Connected Window Features: Blinds

Contract Information

Contingency
None
ListPrice
795000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
30694_
Street Name
Olson Street
Postal City
Pequot Lakes
County
Crow Wing
State
MN
Zip Code
56472

Assessments

Assessment Balance
25
Tax With Assessments
9550

Building Information

Building Finished SqFt
8250
Ceiling Height
8-10

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No
Furnished Units
Yes
Kitchen Facilities
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
30 x 45
Garage Door Height
15
Garage Square Feet
1350
Finished Garage
Yes
Multiple Garages
Yes
Parking Lot
Yes
Floor Drain
Yes
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes
Paved Lot
Yes
RV Access/Parking
Yes

Public Survey Info

Range#
29
Section#
15
Township#
136

Sale Options

Sale Includes
Building

Unit Details

Total Units
2

Office/Member Info

Association
GLAR

Location, Tax and Other Information

Legal Description
THE W. 175 FT OF THE S. 74 FT OF THE N. 279.52 FT OF THE SE1/4 OF NE1/4 SECTION 15. SUBJECT TO EASEMENTS, RESERVATIONS OR RESTRICTIONS OF RECORD.
Listing City
Pequot Lakes
Map Page
999
Municipality
Pequot Lakes
School District
Pequot Lakes
School District Phone
218-568-4996
Zip Plus 4
318
Property ID Number
TBD
Tax Year
2026
Tax Amount
9550
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
One-of-a-Kind Commercial & Residential Opportunity in the Heart of Pequot Lakes. Welcome to an incredibly rare and versatile property offering 8,250 square feet of space in the heart of Pequot Lakes, just one block off Patriot Ave, .5 miles from US HWY 371, for outstanding visibility and convenience. With its prime location, massive square footage, income potential, and unmatched flexibility, this property truly offers endless possibilities for investors, entrepreneurs, and lifestyle buyers alike. This massive mixed-use property opens the door to countless possibilities. Whether you’re looking for a family compound, event venue with overnight accommodations, commercial office headquarters, storage warehouse, or a residence combined with your trade or service business, this property can accommodate it all. Inside, the layout provides 2 potential rental or living units, equipped with kitchens, laundry, 6 bedrooms, and 4 bathrooms, making it ideal for short-term rentals, long-term tenants, or multi-generational living. An additional garage/storage unit offers another income opportunity or space for equipment, inventory, or hobby storage. For motorsports enthusiasts or investors, the property is located within 15 minutes of Brainerd International Raceway, making it an exceptional option for race teams, event lodging, or a HE/SHE toy headquarters. The property is being offered fully furnished, creating an immediate opportunity to operate as an Airbnb or VRBO rental property from day one. With its prime location, massive square footage, income potential, and unmatched flexibility, this property truly offers endless possibilities for investors, entrepreneurs, and lifestyle buyers alike.
Directions
Pequot Lakes Minnesota 56472, Head toward Main St, 0.1 mi, Turn right onto E Woodman St, 0.3 mi, Turn left toward Olson St, 269 ft, slight right toward Olson St, 190 ft Turn Left onto Olson St 56 ft, Turn right to stay on Olson St, Destination will be on the left, 210 ft 30694 Olson St

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Balcony
Yes
Deck
Yes
Ethernet Wired
Yes
Kitchen Center Island
Yes
Multiple Phone Lines
Yes
Natural Woodwork
Yes
Patio
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Freezer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

Concrete Block
Yes

Construction Materials

Block
Yes
Concrete
Yes
Frame
Yes
Log
Yes

Construction Status

Previously Owned
Yes

Exterior

Log
Yes
Metal
Yes
Steel Siding
Yes
Wood
Yes

Flooring

Carpet
Yes
Concrete Slab
Yes
Luxury Vinyl Plank
Yes

Foundation

Concrete Block
Yes
Slab
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
In-Floor Heating
Yes

Internet Options

Cable
Yes
Fiber Optic
Yes

Lock Box Type

Combo
Yes

Patio, Porch and Deck Features

Deck
Yes
Patio
Yes
Porch
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Metal
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Topography

Level
Yes

Wall Description

Drywall
Yes
Finished
Yes
Metal
Yes
Wood
Yes

Water

City Water/Connected
Yes

Window Features

Blinds
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Apartments/Multi Family
Yes
Business Opportunity
Yes
Duplex Up and Down
Yes
Mixed Use
Yes
Office
Yes
Other
Yes
Storage Unit
Yes
Warehouse
Yes

Current Use

Business Service
Yes
Commercial
Yes
Event Space
Yes
Hotel/Motel
Yes

Loan Terms

Cash
Yes
Conventional
Yes
Other
Yes

Location Description

Downtown
Yes

Overhead Door Clearance

15-20 Feet
Yes

Potential Use

Income
Yes
Industrial
Yes
Motel/Hotel
Yes
Office
Yes
Other
Yes
Professional
Yes
Shop
Yes
Warehouse
Yes
Wholesale
Yes
Listing Office: RE/MAX Results - Nisswa
IDX
Last Updated: May - 09 - 2026
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