For Sale: Forest Lake MLS# 5690815
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Forest Lake schools
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Description: 3.3 Acres (+/-) acres of Exceptional Commercial/Retail property with 2, 000' building. Located on the SE corner intersection of Greenway and high volume traffic Highway 8/Lake Blvd. Traffic Light controlled Intersection with turn lane. Easy in and out. Proposed improvement access to Greenway/Highway 8 for additional accessible convenience (County/MN DOT sketch in supplements). Currently occupied with Tenant (Widseth Engineering and Surveyors). Ideal location for Restaurant, Fast Food, Gas/Convenience Store, Retail, Shopping Center, General Business, etc.
List Price: $750,000
Property Type: Commercial
Listing Status: Contingent
Property Style: Industrial/Warehouse
Year Built: 1971
City: Forest Lake
Zip Code: 55025
Building Fin Sq Ft: 2,000 sqft
Basement Details: Partial, Crawl Space
Air Conditioning: Central Air
Heating System: Forced Air
Foundation Size: 2,400 sqft
Shared Amenities: None
Road Frontage: City Street, State Road
Handicap Accessible: No Stairs Internal
Exterior Material: Wood Siding, Stucco, Brick/Stone
Garage Spaces: 2
Other Parking Spaces: 6
Lot Description: Irregular Lot, Corner Lot, Tree Coverage - Light
Lot Size Dim.: Approx. 340' x 420'
Dev/Complex Name: Palmer Heights
School District: 831
District Phone: 651-982-8103
Tenant Expenses: Taxes, Insurance, Water, Electricity, Fuel, Repairs, Janitorial Service, Trash Collection, Snow Removal
Financial & Taxes
Tax Year: 2020
Annual Taxes: $11,615
Assessment Pending: Unknown
Taxes w/ Assessments: $12,104
Total Units: 1
Current Use: Professional/Office
Fuel System: Natural Gas
Owner Occupied: No
Sewer System: Private Sewer, Mound Septic
Available Utilities: Heating Common, Electric Common, Hot Water Common
Water System: Well, Private, 4-Inch Submersible
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Local Home Mortgage Professionals
Area Sales Manager
Truestone Home Mortgage
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.