$1,300,000

, Forest Lake, MN 55025


Forest Lake, MN 55025

For Sale MLS# 6314191

4,680 sq ft Commercial

Data current as of {{getLocalTime('2023-03-24T05:21:46Z')}}

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

Status: Active

Lot Size: 1.18 Acres

Square Feet: 4,680 sq ft

Year Built: 2001

Foundation: 4,680 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Walker & Goodine 2nd Add

Builder:

Foundation:

Total Units: 6

Current Use: Business Service

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Washington

Days On Market: 108

HERS Score:

Construction Status: Previously Owned

School Information


District: 831 - Forest Lake

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: Other

Additional Interior Features:

Utilities


Water: City Water - In Street

Sewer: City Sewer - In Street

Available Utilities: Electric Separate,Hot Water Separate

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 0

Parking Description: On-Street Parking Only

Exterior: Brick/Stone

Lot View:

Lot Dimensions: 51596

Farm Type:

Crop Type:

Zoning: Business/Commercial

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

Soil Type:

Tillable Acres:

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


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 0803221220059

Tax Amount: $22,202

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Price Changes


$1,500,000 Original Price
$1,300,000 Current Price
-$200,000 Total Change
Date Price Change
1/11/2023 11:29 PM $1,300,000 -$200,000
12/5/2022 02:53 PM $1,500,000

Sales History

Date Price Change
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Tax Summary

Tax Year Estimated Market Value Taxable Market Value Total Tax
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Schools nearby

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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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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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings