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For Sale:  Spring Lake Park MLS# 6652119

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Active Lender Owned
$800,000
/mo Edit
Commercial:  Business,Retail
Built 1980
0.46 acres
Spring Lake Park schools
MLS# 6652119
763-576-8286
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    Property Description

    This property is a versatile commercial space located in a high-traffic area on Central Avenue NE, making it an excellent choice for retail. Its proximity to major retailers such as HyVee and Starbucks and is located by major highways, ensures easy access for clients and employees. The property's great location will ensure convenience for visitors, and the surrounding area includes a mix of residential and commercial establishments, providing a steady flow of potential customers. The layout is flexible, offering the opportunity to customize and expand the space to meet specific business needs. With its strategic location and adaptable features, this property is a valuable investment for entrepreneurs looking to establish or expand their operations in a bustling part of Spring Lake Park.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $800,000
    Property Type: Commercial
    City: Spring Lake Park
    Garage Spaces: 0
    County: Anoka
    Year Built: 1980
    State: MN
    Property Style: Business, Retail
    Zip Code: 55432
    Subdivision Name: Middletown

    Interior

    Ranges: One
    Refrigerators: Two
    Appliances Included:
    • Cooktop
    • Exhaust Fan
    • Freezer

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 26
    Air Conditioning: Wall Unit(s)
    Foundation Size: 850 ft2
    Handicap Accessible: Fully Wheelchair
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Parking Lot
    Shared Amenities: Patio
    Unit Amenities:
    • Patio
    • Security System
    Exterior Material: Stucco
    Roof Details:
    • Flat
    • Rubber

    Lot & Land

    Acres: 0.46
    Geolocation: 45.116419, -93.241646
    Inclusions: Building, Fixture/Equipment, Liquor License
    Lot Dimensions: 160 x 200
    Zoning: Business/Commercial

    Schools

    School District: 16
    District Phone: 763-786-5570

    Expenses

    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,803
    Lender-owned: Yes
    Assessment Pending: No
    Taxes w/ Assessments: $4,857

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Restaurant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

    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

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    Listing provided by RMLS, courtesy of Exit Northstar Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.