, Forest Lake, MN 55025

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(201,000) 05/16/2024

Forest Lake, MN 55025

For Sale MLS# 6314191

4,680 sq ftCommercial



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Data current as of 22/06/2024 21:39:11

Details for

MLS# 6314191

Description for , Forest Lake, MN, 55025

This 3-tenant property offering includes a fully staffed owner-operated car wash requiring limited owner involvement. Income from the car wash along with rental income from the two rental spaces create an attractive investment. Located in the highly desirable Forest Lake retail trade area, the underlying and underused real estate makes for an extremely attractive redevelopment opportunity.

Listing Information

Property Type: Commercial, Business Opportunity,Other

Status: Active

Lot Size: 1.18 Acres

Square Feet: 4,680 sq ft

Year Built: 2001

Foundation: 4,680 sq ft

Subdivision: Walker & Goodine 2nd Add

Number Of Units Total: 6

Current Use: Business Service

County: Washington

Days On Market: 501

Construction Status: Previously Owned

School Information

District: 831 - Forest Lake

Interior Features

Accessibility: Other


Water: City Water - In Street

Sewer: City Sewer - In Street

Other Utilities: Electric Separate,Hot Water Separate

Heating: Forced Air, Natural Gas

Exterior / Lot Features

Parking Description: On-Street Parking Only

Exterior: Brick/Stone

Lot Dimensions: 51596

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Building,Land

Driving Directions

From I-35 S, Take exit 131 toward W Broadway Ave 0.3 mi, Use the left 2 lanes to turn left onto W Broadway Ave 0.5 mi,Make a U-turn at NW 8th St 449 ft. Turn right 135 ft.

Financial Considerations

Tax/Property ID: 0803221220059

Tax Amount: 22344

Tax Year: 2024

HomeStead Description: Non-Homesteaded

Price Changes

$1,500,000 Original Price
$999,000 Current Price
-$501,000Total Change
Date Price Change
05/16/2024 10.52 AM $999,000-$201,000
03/21/2024 01.24 PM $1,200,000-$50,000
01/02/2024 01.05 PM $1,250,000-$50,000
01/11/2023 11.29 PM $1,300,000-$200,000
12/05/2022 02.53 PM $1,500,000
Property price
Down payment
Interest rate
Loan term
Property taxes
HOA dues
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

Schools nearby

Schools in attendance boundaries Grades Distance Rating

Schools nearby Grades Distance Rating

Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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