For Sale: Lexington MLS# 5739038
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Description: Highly desirable , mixed-use property, zoned M-1 Central Business in Circle Pines 20 minutes from Central Business Districts. Total building square footage of 8, 225 SF & is on .75 acres (4 Parcels). Comprised of 3 apartments (two on upper level): one 1 bedroom & 2 bedroom apartment, flex industrial space with front office & warehouse space in the back & large fenced-in outside storage area. The apartments with separate electric meters are all in good condition and currently vacant for new owner to fill. The warehouse space was formerly used for automotive purposes but has been vacated for new owner. Warehouse/office space has one restroom, 7 overhead doors, 5 being drive-in doors (4 10'x10', 1 10'x7', 1 10'x6'10" & 1 12'x13'). The flex space has it's own electric meters and gas meter. One water meter for the entire building. Ample parking in front of building off the service road. Very easy access with excellent visibility. Very good vehicles per day traffic counts on Lake Dr.
List Price: $799,000
Property Type: Commercial
Listing Status: Active
Property Style: Apartments/Retail
Year Built: 1969
Zip Code: 55014
Building Fin Sq Ft: 2,885 sqft
Heating System: Forced Air
Foundation Size: 8,225 sqft
Handicap Accessible: No Stairs External
Exterior Material: Aluminum Siding
Garage Spaces: 7
Other Parking Spaces: 0
Lot Size Dim.: 0
Dev/Complex Name: Ottes Add
Zoning: Business/Commercial, Industrial
School District: 12
District Phone: 763-792-6000
Financial & Taxes
Tax Year: 2021
Annual Taxes: $15,026
Assessment Pending: Unknown
Taxes w/ Assessments: $15,026
Total Units: 1
Current Use: Automotive, Professional/Office, Professional Service, Residential, Warehouse, Industrial, Commercial
Fuel System: Natural Gas
Owner Occupied: No
Sewer System: City Sewer/Connected
Available Utilities: Heating Separate, Electric Separate, Hot Water Separate
Water System: City Water/Connected
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Local Home Mortgage Professionals
Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.