Spring Lake Park, MN 55432,1440 85th AVE NE
Spring Lake Park, MN 55432,1440 85th AVE NE
Spring Lake Park, MN 55432,1440 85th AVE NE
Spring Lake Park, MN 55432,1440 85th AVE NE
Spring Lake Park, MN 55432,1440 85th AVE NE
Spring Lake Park, MN 55432,1440 85th AVE NE
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$860,000

$900,000

4.4%
Est.Price: ?

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Est. payment /mo

6,534 Sqft Lot


SOLD DATE : 07/15/2024

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

Garage Parking Lot

Utilities Available Electric Separate, Heating Common, Hot Water Common

Present Use Commercial,Retail

Parking Type Parking Lot

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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Listed by Michael Mitchell • Mitchell Realty LLC

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