$146,250
$149,900
2.4%For more information regarding the value of a property, please contact us for a free consultation.
255 Highway 97 #4A Forest Lake, MN 55025
Key Details
Sold Price $146,250
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Cic 111
MLS Listing ID 5489936
Sold Date 05/29/20
Year Built 1997
Annual Tax Amount $2,642
Tax Year 2018
Contingent None
Lot Dimensions 60x30 per unit+/-
Property Description
Business Condo in high visibility location in growing Forest Lake. Located on Hwy 97 with high traffic counts and in an area of town with lots of recent redevelopment. Across from high school and middle school with easy access. Unit has a tenant until August, use as an investment or move in your business in September. Association takes care of most duties and costs of building. Tenants pay utilities. Very limited management time required. Tenants pay utilities. Great property to add to or start an investment portfolio. Great option for 1031 exchange, or use it as a highly visible and convenient location for your own business.
Location
State MN
County Washington
Zoning Business/Commercial
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Asphalt, Other, Paved
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Asphalt, Pitched
Present Use Professional/Office, Commercial, Professional Service, Retail
Building
Lot Description Zero Lot Line
Foundation 1770
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone, Metal Siding, Vinyl Siding
Schools
School District Forest Lake
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