Price Reduction
Address
4869 208th Street N Forest Lake, MN
Price
$ 275,000
Property Attributes
  • ID#5761032
  • TypePending
  • CountyWASHINGTON
  • CityForest Lake
  • AreaSpringbrook Plaza Condo
  • Zip55025
  • StyleBusiness
  • Year Built2010
  • Taxes$ 1
  • Price$ 275,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2668
  • Lot Size1.57 Acres
Listing Provided Courtesy Of:
Red Key Realty
Data Source:
Northstar MLS (NSTAR) - 133 - MN
Property Description

Back on Market 9-18-21. Profitable Liquor store Owner retiring says time to Sell! Bld. Unit also available MLS#5761027 & Two adjoining Units with Tenants available MLS#5761029 & MLS#5761031. Good Investment in Growing Businesses.

Price History
5/20/2021 Listed $309,900
5/20/2021 6% - $291,500
9/18/2021 6% - $275,000

General Features

Accessibility No Stairs Internal, No Stairs External
Additional Parcels Y/N No
Appliances Gas Water Heater, Refrigerator
Association Amenities Other
Basement None
City Forest Lake
Construction Materials Brick/Stone
Contingency None
Cooling Central Air
County Washington
Current Use Retail
Days on Market 88
Directions Hwy 35 to Hwy 97then East to Everton Ave then South to 208th Street Go Left Business is on the Right.
Electric Expense 7200
Fuel Expense 2400
Grossincome 1364085.9
Heating Forced Air
High School District Forest Lake
Insurance Expense 990
Lender Owned No
Levels One
Maintenanceexpense 1500
Net Operating Income 192959.89
Operatingexpense 154120.51
Ownerpays Taxes, Repairs, Other
Property SubType Business
Property Type Commercial Sale
Sewer City Sewer/Connected
Standard Status Pending
Street Name 208th
Subdivision Name Springbrook Plaza Condo
Tax Annual Amount 1
Tax Year 2021
Tenant Pays Electricity, Fuel
Total Units 1
Trash Expense 384
Utilities Heating Separate, Electric Separate
Water Sewer Expense 5760
Year Built 2010
Zoning Description Business/Commercial

Interior Features

Street Suffix Street
Unit Type Efficiencies, 1 Bedroom, 2 Bedroom, 3 Bedroom, 1 Room, 2 Room, 3 Room, 4 Room, 5 Room, 6 Room, 7 Room

Exterior Features

Foundationarea 2668
Inclusions Business, Business Assets, Fixture/Equipment, Liquor License
Lot Dimensions 400 x 300
Lot Features Tree Coverage - Light, Underground Utilities
Lot Size Area 1.57
Lot Size Units Acres
Parking Features Asphalt, Paved
Road Frontage Type City Street, Cul De Sac, Paved Streets, Curbs, Storm Sewer
Road Responsibility Public Maintained Road
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 55025

Price
AVG $450K
$280K
Visits
AVG 50
73
Year Built
AVG 1995
2010

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