A Rare Opportunity to Restore, Rebuild, or Reimagine in Brainerd
Offered at an accessible price point, the property located at 224 N 5th Street in Brainerd, Minnesota presents a compelling opportunity for buyers with vision and initiative. Whether you are an experienced investor, contractor, developer, or a motivated homeowner ready to take on a substantial project, this property delivers something increasingly rare in today’s market: flexibility and choice.
The home is being sold AS-IS due to significant fire damage, yet the true value lies in the lot, its dimensions, and its strategic location on Brainerd’s desirable north side. Buyers may choose to restore the existing structure, rebuild entirely, or pursue an alternative use that maximizes the property’s potential.
A Property with History—and a Future to Shape
Prior to the fire, the home offered a functional layout with four bedrooms and two bathrooms, including one full bath and one half bath. The generous room count and overall footprint provide a strong foundation for those interested in restoration. Stripping the home down and rebuilding with modern systems, updated layouts, and energy-efficient features allows for the creation of a residence that blends character with contemporary standards.
For buyers who determine that demolition is the more practical route, the lot opens the door to new construction. From a single-family residence to a multi-unit or alternative structure, the possibilities extend well beyond a simple rebuild.
Zoning Flexibility Encourages Creative Use
Information provided to the seller indicates zoning that may allow for single-family residential, multi-family, or light commercial use, subject to buyer verification and city approval. This flexibility significantly expands the property’s appeal and potential return.
Possible uses may include:
A renovated single-family home with modern amenities
A duplex or triplex for long-term rental income
A small professional office or studio space
A live/work property suited for entrepreneurs or creatives
Such versatility makes this property stand out, particularly for buyers seeking adaptable investment opportunities.
Prime Northside Location Near Key Amenities
The location enhances the property’s value in multiple ways. Situated just one block from Highway 210/Washington Street, it offers excellent access for commuting, business use, or tenant convenience.
The property is also near the historic Gregory Park, an 11-acre community landmark featuring mature trees, walking paths, recreational facilities, and open green space. Proximity to the park adds significant lifestyle appeal and long-term desirability.
Additionally, St. Joseph’s Medical Center—one of Brainerd’s major employers—is located just five blocks away, increasing the property’s attractiveness for both residential and rental use.
Large Lot with Parking and Added Utility
The city lot provides ample space for off-street parking and includes a detached 14×24 garage. While the garage may require updates or evaluation, its footprint offers flexibility for storage, workshop use, or improved parking solutions.
The lot’s size and level terrain make it well-suited for expansion or new construction, giving builders and developers the ability to maximize usable square footage and long-term value.
Clear AS-IS Offering with Investment Potential
The AS-IS condition reflects the work required and is transparently priced to account for it. Buyers are encouraged to conduct thorough inspections and evaluate whether renovation or redevelopment best aligns with their goals.
For experienced buyers, this property represents an opportunity to create value through thoughtful planning and execution—either by restoring what once was or by building something entirely new.
Final Thoughts
224 N 5th Street is more than a damaged structure—it is a blank slate in a well-located and established part of Brainerd. With flexible zoning, proximity to parks, medical facilities, and major roadways, and a price point designed for opportunity rather than perfection, this property is ideally suited for visionaries ready to act.
Whether restored, rebuilt, or fully reimagined, this offering stands as a reminder that true value often lies not in present condition, but in future potential.
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