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Active Contingent
$750,000
/mo Edit
Commercial:  Industrial,Office,Retail
Built 1971
3.3 acres
Forest Lake schools
MLS# 5690815
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    Property Description

    3.3 Acres (+/-) acres of Exceptional Commercial/Retail property with 2, 000' building with attached garage. 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). Ideal location for Restaurant, Fast Food, Gas/Convenience Store, Retail, Shopping Center, General Business, etc.

    Listing

    Contingency: Other
    City: Forest Lake
    County: Chisago
    State: MN
    Property Style: Industrial, Office, Retail
    Zip Code: 55025
    Subdivision Name: Palmer Heights

    Interior

    Ceiling Height: Less Than 8 Feet
    Ranges: None
    Basement Details:
    • Block
    • Drain Tiled
    • Partial
    • Partially Finished
    • Sump Pump

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 20 x 20
    Garage Size: 400 ft2
    Garage Door Height: 8
    Other Parking Spaces: 6
    Air Conditioning: Central Air
    Foundation Size: 2,400 ft2
    Foundation Dimensions: 40 x 60
    Handicap Accessible: No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Driveway - Other Surface
    • Gravel
    • Paved
    Shared Amenities: None
    Road Frontage:
    • City Street
    • State Road
    Exterior Material:
    • Brick/Stone
    • Stucco
    • Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 3.3
    Geolocation: 45.2991010902, -92.9705031843
    Inclusions: Building, Land
    Lot Dimensions: Appro x . 340' x 420'
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Irregular Lot
    • Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 831
    District Phone: 651-982-8103

    Expenses

    Tenant Expenses: Electricity, Fuel, Insurance, Janitorial Service, Repairs, Snow Removal, Taxes, Trash Collection

    Financial & Taxes

    Tax Year: 2022
    Annual Taxes: $14,284
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $14,284

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Professional/Office
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System:
    • Mound Septic
    • Private Sewer
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System:
    • Private
    • Submersible - 4 Inch
    • Well

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.