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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.Available For Lease555 sf (former coffee shop/drive-thru windows)Lease Rate: NegotiableIn the heart of the business districtLocal and regional trade areaJust 2 blocks off I-35 and Forest Lake exitHigh traffic countsGreat visibility2 access points: West Broadway Avenue and First Avenue NE
- Neighborhood
- Type
- CountyWashington
- Tax Amount$22,344
- StatusActive
- Listing #6314191
- Built2001
- Listed on site651 days
Listed by:
Christianson & Company
© 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Christianson & Company. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Last Updated: 09/01/2024 12:32
School Info
- school district831
Property details
Community Features
- No HOA
Property Features
- Gas Utilities
Exterior features
- No Pool
Property History
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| May 16, 2024 | 4 mos ago | Price decreased201,000 (17%) | $999,000 |
| Mar 21, 2024 | 6 mos ago | Price decreased50,000 (4%) | $1,200,000 |
| Jan 2, 2024 | 9 mos ago | Price decreased50,000 (4%) | $1,250,000 |
| Jan 12, 2023 | 2 yrs ago | Price decreased200,000 (13%) | $1,300,000 |
| Dec 5, 2022 | 2 yrs ago | New on market | $1,500,000 |
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