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Active
$999,000
/mo Edit
Commercial:  Business,Other
Built 2001
1.18 acres
Forest Lake schools
MLS# 6314191
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    Property Description

    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. Available For Lease 555 sf (former coffee shop/drive-thru windows) Lease Rate: Negotiable In the heart of the business district Local and regional trade area Just 2 blocks off I-35 and Forest Lake exit High traffic counts Great visibility 2 access points: West Broadway Avenue and First Avenue NE

    Listing

    Contingency: None
    City: Forest Lake
    County: Washington
    State: MN
    Property Style: Business, Other
    Zip Code: 55025
    Subdivision Name: Walker & Goodine 2nd Add

    Exterior

    Other Parking Spaces: 0
    Foundation Size: 4,680 ft2
    Foundation Dimensions: 180x180
    Handicap Accessible: Other
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 1.18
    Geolocation: 45.279877, -92.995807
    Inclusions: Building, Land
    Lot Dimensions: 51596
    Addl Parcels: 0803221220057, 0803221220026
    Zoning: Business/Commercial

    Schools

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

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $22,344
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $22,344

    Units

    Total Units: 6

    Miscellaneous

    Current Use: Professional/Office
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer - In Street
    Available Utilities:
    • Electric Separate
    • Hot Water Separate
    Water System: City Water - In Street

    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 Christianson & Company.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.