$250,000
$299,900
16.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/30/2020
Key Details
Sold Price $250,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Cic 111
MLS Listing ID 5646343
Sold Date 11/30/20
Year Built 1997
Annual Tax Amount $7,000
Tax Year 2019
Contingent None
Lot Dimensions 60x30 per unit+/-
Property Sub-Type Business
Property Description
Two separate business condo units (2 Separate PID's -). Currently setup as gym/studio. 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 and costs, very limited management time required. Tenants pay utilities. Great property to add to or start an investment portfolio or move in your business. Option for 1031 exchange. One unit does not have rough-in for bath currently, but 2 separate PIDS.
Location
State MN
County Washington
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Asphalt, 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 3540
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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