Available For Sale - Retail

4,680 SF | Show Pricing $

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LISTED BY

Lisa Christianson
Christianson & Company Commercial Real Estate Services , 952-393-1212

AVAILABILITY DETAILS

Size
4,680 SF
Price/SF
Show Pricing $
Listing ID
SA511115
Notes
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. Area tenants include Home Depot, Chipotle, Walmart Supercenter, Tires Plus, Northern Took, Perkins, Running Aces

Casino, Hotel and Racetrack, and more.

Highlights and Features:

• Local and regional trade area

• Just 2 blocks off I-35 and Forest Lake exit

• High traffic counts

• Great visibility

• 2 access points: West Broadway Avenue and First Avenue Northeast

• In the heart of the business district

Available For Sale - Property and Business:

• PIDS: 08.032.21.22.0059, 08.032.21.22.0057, 08.032.21.22.0026 and 08.032.21.22.0025

• Building SF: 4,680

• Parcel Area: 1.18 acres | 51,596 sf

• Year Built: 2001

• Zoning: B2 - Highway Business District

• 2023 Tax: $20,244.00

• 2017 Tax Cut and Jobs Act allows for up to accelerated depreciation on property improvements for car wash assets.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Lisa Christianson, Christianson & Company Commercial Real Estate Services