255 Highway 97

Forest Lake, MN 55025 View Map $600,000 Schedule a Showing
On Site216 days
Year1997
Brandon Hedges & Matt Barker

Brandon Hedges & Matt Barker

(612) 730-6717
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Status: Active
Property Type:Retail/Shopping Center, Business Opportunity
MLS #:5142326
On Site:216 Days
Lot Size:N/A
County:Washington
Investment opportunity! Start earning income immediately. 4 fully leased business condo units. High visibility location in growing Forest Lake. Located on Hwy 97 with high traffic counts and an area of town with lots of recent redevelopment. Across from high school and middle school with easy access. Association takes care of most duties, very limited management time required. Tenants pay utilities. Great set of properties to add to or start an investment portfolio. Good option for 1031 also.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:255 Highway 97 Forest Lake, MN 55025
County:Washington
School System:Forest Lake
Subdivision:Cic 111
Zip Code:55025

Features / Amenities

Amenities: Indoor Sprinklers
Handicap Accessible: No Stairs Internal, Doors 36"+
Air Conditioning: Central
Heating: Forced Air
Fuel: Natural Gas

Property Features

Lot Dimensions:30x60 approx per unit
Water: City Water/Connected
Sewer: City Sewer/Connected
Road Frontage: State, Paved Streets
Zoning:Business/Commercial
Directions:Hwy 35 To Hwy 97 (Scandia Trail), East, Just Past Hwy 61. Schilling Plaza Is On The Left

Tax and Financial Info

Sale Includes: Building, Leases
Tax Amount: $15, 536.00
Tax Year: 2018
Annual Net Income: 40000.00

Schools

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255 Highway 97 Forest Lake, MN 55025
 
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Listing Information Last Updated 9/15/2019
Listing provided courtesy of Realty Executives Top Results.
© Copyright 2019 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary:
Home for sale at .

Description: The home at 255 Highway 97 Forest Lake, MN 55025 with the MLS Number 5142326 is currently listed at $600,000 and has been on the Forest Lake market for 215 days.

GeoCoordinates:
-92.979366
45.260727

List Price: $600,000

You are viewing the MLS property details of the home for sale at 255 Highway 97 Forest Lake, MN 55025, which is located in the Cic 111 subdivision, includes 0 bedrooms and 0 bathrooms, and has approximately 0 sq.ft. of living area.