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Sold
$1,500,000  (list price)
$1,000,000
/mo   Edit
Commercial:  Business Opportunity
Built 1916
3.2 acres
Forest Lake schools
MLS# 5026223
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    Description:   This is a once in a lifetime development opportunity with multiple potential uses. Approx. 3.2 acres of land and zoned MU-1 (DOWNTOWN mixed uses) a future thriving business is surely in the forecast for this prime business location.
    List Price: $1,500,000
    Sold Price: $1,000,000
    Sold Date: 08/31/2020
    Property Type: Commercial
    Listing Status: Sold
    Contingency: None
    Property Style: Business Opportunity
    Year Built: 1916
    City: Forest Lake
    County: Washington
    State: MN
    Zip Code: 55025

    Interior

    Building Fin Sq Ft: 28,557 sqft

    Exterior

    Heating System: Forced Air
    Foundation Size: 1,111,111 sqft
    Road Frontage: Private Road
    Handicap Accessible: None
    Exterior Material: Metal Siding, Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 30

    Lot

    Acres: 3.2
    Lot Description: Irregular Lot
    Latitude: 45.27857984
    Longitude: -92.98629850
    Lot Size Dim.: Long legal
    Zoning: Business/Commercial

    Schools

    School District: 831
    District Phone: 651-982-8103

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $21,678
    Assessment Pending: No
    Taxes w/ Assessments: $21,678

    Unit

    Total Units: 14

    Miscellaneous

    Current Use: Professional/Office, Commercial, Retail
    Fuel System: Natural Gas
    Sale Includes: Building, Land
    Sewer System: City Sewer - In Street
    Available Utilities: Heating Separate
    Utilities: Heating Separate
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Jeff
    Zajac
    Truestone
    Justin
    Larson
    Movement
    Jeff Zajac
    Area Sales Manager
    Truestone Home Mortgage
    NMLS#373627
    Jeff Zajac joined the Truestone Home Mortgage team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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