For Sale: Lake City MLS# 6477804
Active
$1,500,000
Commercial: 1 Story
Built 2005
0.96 acres
Lake City schools
MLS# 6477804
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Property Description
Extremely well-built commercial property with income from existing tenants and vacant space to either occupy or work to rent out. The property is very well built as a metal frame. The units have separate heating sources and separate meters for easy billing to tenants. You will find a mixture of space types from warehouse, Professional office space, to conference rooms. Bring your creative thinking to this property and find a way to build value by increasing the income and businesses this building has. The building has shared common bathrooms, a lunch room, and entrances. Around the entire exterior, you will find an asphalt parking lot for ample parking. Signage potential as well on the facade that is visible from 7th Street. Come take a tour today and see this extremely nice commercial building. Stop paying rent and start building equity by owning this building.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,500,000
Property Type:
Commercial
City:
Lake City
Garage Spaces:
0
County:
Goodhue
Year Built:
2005
State:
MN
Property Style:
1 Story
Zip Code:
55041
Subdivision Name:
Dallman Bus Park
Interior
Appliances Included:
Refrigerator
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Other Parking Spaces:
52
Air Conditioning:
Central Air
Foundation Size:
140,000 ft2
Foundation Dimensions:
65 x 220
Handicap Accessible:
Partially Wheelchair
Heating System:
Forced Air
Parking Features:
Asphalt
Shared Amenities:
Other
Exterior Material:
Stucco
Roof Details:
Metal
Lot & Land
Acres:
0.96
Geolocation:
44.45467300, -92.28580700
Inclusions:
Building, Land
Lot Dimensions:
139 x 470
Addl Parcels:
220185200
Zoning:
Business/Commercial
Lot Description:
Irregular Lot
Schools
School District:
813
District Phone:
651-345-2198
Financial & Taxes
Tax Year:
2022
Annual Taxes:
$21,090
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$21,090
Income
Annual Gross Income:
$46,275
Units
Total Units:
11
Miscellaneous
Current Use:
- Office
- Professional Service
- Warehouse
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Realty Growth Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.