$149,900

255 Highway 97

Forest Lake MN, 55025

Description

Business Condo in high visibility location in growing Forest Lake. Located on Hwy 97 with high traffic counts and in an area of town with lots of recent redevelopment. Across from high school and middle school with easy access. Unit has a tenant until August, use as an investment or move in your business in September. Association takes care of most duties and costs of building. Tenants pay utilities. Very limited management time required. Tenants pay utilities. Great property to add to or start an investment portfolio. Great option for 1031 exchange, or use it as a highly visible and convenient location for your own business.

Details

MLS#5489936
Listing TypeFor Sale
Sub-TypeResale
StatusACT
Year1997
Days On Site368

Features

SQ Feet1,770
Story(s)1
Units1
ZoningBusiness/Commercial

Market Activity 55025

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Area Information
StateMN
CountyWashington
CityForest Lake
Zip Code55025
AreaForest Lake (MN)
Listing VS Median (in 55025)
Price:
$149,900
low | high
Med:
$350,000
83.488992661775% of Average
SqFt:
1,770
low | high
Med:
0
100% of Average
$ / SqFt:
$85
low | high
Med:
$0
100% of Average
On Site:
368
low | high
Med:
279
100% of Average
Sourced by Back At You
Listing Updated: May 13, 2020 8:16:18 PM PDT
Robert Boyce LogoMLS Number: 5489936
Listing Provided By:
Robert Boyce  of  Realty Executives Top Results

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northstar MLS.