$1,200,000

955 W Broadway AvenueForest Lake, MN 55025

Type: Commercial

1 Approx. Acres

2001 Year Built

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.

MLS ID: 6314191

Directions: From I-35 S, Take exit 131 toward W Broadway Ave 0.3 mi, Use the left 2 lanes to turn left onto W Broadway Ave 0.5 mi, Make a U-turn at NW 8th St 449 ft. Turn right 135 ft.

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Property Details

Essential Details

MLS #: 6314191

Listing courtesy of: Christianson & Company

Price: $1,200,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Business/Commercial

Current Use: Professional/Office

Total Units: 6

Parking Features: On-Street Parking Only

Building Details

Owner Occupied: No

Construction Materials: Brick/Stone

AccessibilityFeatures: Other

Heating: Forced Air

Year Built: 2001

Foundation Area: 4,680

Sewer: City Sewer - In Street

Water Source: City Water - In Street

Utilities: Electric Separate, Hot Water Separate

Lot Details

Complex/Dev/Sub Name: Walker & Goodine 2nd Add

Lot Dimensions: 51596

School Information

District: Forest Lake

District Number: 831

District Phone: 651-982-8103

Community Information

County: Washington

Survey Range: 21

Survey Section: 8

Survey Township: 32

Taxes

Tax Year: 2024

Tax Amount: $22,344

Assessment Pending: Unknown

Taxes w/Assessments: $22,344

This listing was last updated by Christianson & Company on 3/21/2024 at 1:29 pm.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 5/3/2024 6:05 pm.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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