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12207 Lake Ln - Elms Estates 4.04 Acres of Commercial Land Offered at $2,093,880 CAD in Lindstrom, MN 55045

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INVESTMENT HIGHLIGHTS

  • On frontage Road and Hwy 8 in town.
  • City wants it developed
  • Utilities present

EXECUTIVE SUMMARY

Two parcels of land for sale in downtown Lindstrom.
Zoned commercial with borders on frontage road and along HWY 8. Lindstrom is a growing community with lots of opportunities and commercial needs. There are roads, a well, electrical and gas on the property. There is also a drain field for a low area of the property. Lindstrom people and city are hoping the land will be developed with both businesses and dwellings as there is a need for both. The City of Lindstrom is drawing up plans for this site. for future developments.
If you are looking for an area to develop with restaurants, businesses, offices, apartments…. Take a look at this opportunity.
Below is a Project map from the city of what they want in that area.

PROPERTY FACTS

Price $2,093,880 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Apartment Units - Condo
  • Restaurant
  • Storefront, Retail or Residential
Total Lot Size 4.04 AC
Zoning C1 - Commercial

1 LOT AVAILABLE

Lot 1

Price $2,093,880 CAD
Price Per AC $518,287.14 CAD
Lot Size 4.04 AC

2 PID #'s 15.00617.00 & 15.00619.00 total 4.04 acres with possible surrounding area purchases as well. Seller merging land at the end of their land that comes to a point. All included in sale.

DESCRIPTION

Two parcels of land for sale in downtown Lindstrom. Zoned commercial with borders on frontage road and along HWY 8. Lindstrom is a growing community with lots of opportunities and commercial needs. There are roads, a well, electrical and gas on the property. There is also a drain field for a low area of the property. Lindstrom people and city are hoping the land will be developed with both businesses and dwellings as there is a need for both. The City of Lindstrom is drawing up plans for this site. for future developments. If you are looking for an area to develop with restaurants, businesses, offices, apartments…. Take a look at this opportunity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-00617-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$811,095 CAD
  • Listing ID: 27820576

  • Date on Market: 2023-02-23

  • Last Updated:

  • Address: 12207 Lake Ln, Lindstrom, MN 55045

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