Exit Agent Site Home Call Us About Login
Map Search Area Search MLS#/Addr Featured New Const. Local Info
My Account Buying Selling Title Mortgage Inspections

For Sale:  Forest Lake MLS# 5690815

My notes for this property


Add listing to my favorites (required)
Active
$850,000
/mo Edit
Commercial:  1 Story
Built 1971
3.3 acres
Forest Lake schools
MLS# 5690815
612-201-2213
My rating:
Favorite
Ask Question
Request a Showing  
Agent
Ask Sheila:

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Terms & Conditions






    Thank You!

    An agent will be in contact with you soon to answer your question.

    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

    Listing Status: Active
    Contingency: None
    List Price: $850,000
    Property Type: Commercial
    City: Forest Lake
    Garage Spaces: 2
    County: Chisago
    Year Built: 1971
    State: MN
    Property Style: 1 Story
    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
    • Some Trees

    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: 2024
    Annual Taxes: $14,284
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $14,284
    Land Lease Amount: 0

    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

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    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.