$860,000
$900,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
1440 85th AVE NE Spring Lake Park, MN 55432
6,534 Sqft Lot
Key Details
Sold Price $860,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Spring Lake Park Plaza
MLS Listing ID 6476319
Sold Date 07/15/24
Year Built 1941
Annual Tax Amount $13,184
Tax Year 2023
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Property Description
8,000 SQFT Retail Office Building on high traffic corner in Spring Lake Park. This building consists of 4,000 sqft of retail on the lower level with (4) 1,000 sqft spaces. The 2nd floor consists of 12 window offices, 2 common area bathrooms and two large lobby areas. With lots of updates such as flooring, paint, finishes, lights and more. All 2nd floor offices are rented and in term leases. This building is 100 % occupied and brings in $12,523.00 in rents per month. This building is very easy to manage and spaces rent very quickly.
Location
State MN
County Anoka
Zoning Business/Commercial
Interior
Heating Baseboard, Boiler
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate, Heating Common, Hot Water Common
Present Use Commercial,Retail
Building
Foundation 4000
Sewer City Sewer - In Street
Water City Water/Connected
Structure Type Block,Brick/Stone
Schools
School District Spring Lake Park
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