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MLS# 5253016
13151 Elmcrest Avenue N
Hugo, MN 55110
Built 1971
40 acres
White Bear Lake schools
Info: 763-576-8286
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    Description:   Great Metro location! Very rare opportunity to lease or own such a versatile 40 acre parcel. The property is currently operating as a 50 stall horse boarding facility with indoor and outdoor riding arenas. The current owner would like to find a investor or buyer that would let the seller continue to use the property as an equine facility for a minimum of 2 years. The house is NOT included in a possible lease but IS included with a sale.This property offers prime development potential as it is zoned R-3 with recent sewer and water available. Many options to potential tenant and or buyer.
    List Price: $995,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1971
    City: Hugo
    Zip Code: 55110


    Building Fin Sq Ft: 20,000 ft²
    Appliances Included: Microwave, Refrigerator, Washer, Dryer, Range


    Air Conditioning: Central
    Heating System: Forced Air
    Foundation Size: 20,000 ft²
    Road Frontage: City
    Handicap Accessible: None
    Exterior Material: Metal
    Garage Spaces: 2
    Other Parking Spaces: 20
    Roof Details: Pitched, Age 8 Years or Less, Metal, Asphalt Shingles


    Acres: 40
    Lot Description: Tree Coverage - Light, Green Acres, Tillable, Other
    Latitude: 45.14012800
    Longitude: -93.01735900
    Lot Size Dim.: 40 acres
    Zoning: Business/Commercial, Residential-Single


    School District: 624 - White Bear Lake
    District Phone: 651-407-7500


    Owner Expenses: Taxes
    Tenant Expenses: Insurance, Electric, Maintenance/Repair, Trash, Snow, Lawn, Other

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $3,121
    Assessment Pending: No
    Taxes w/ Assessments: $3,124


    Total Rooms in Unit 1: 1
    Total Rooms in Unit 2: 1
    Total Units: 3
    Number of Efficiencies: 1


    Current Use: Other
    Fuel System: Natural Gas
    Miscellaneous: Out Buildings, Overhead Doors
    Owner Occupied: Y
    Sale Includes: Business, Building, Land, Inventory, Fixture/Equipment
    Sewer System: Private
    Water System: Well, 4-Inch Submersible

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    Von Itter
    Chrissy Von Itter
    Senior Loan Officer
    Movement Mortgage NMLS#642509
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    Listing provided by RMLS, courtesy of LaBelle Real Estate Group Inc