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455 Lake St N
Forest Lake, MN 55025
Retail Property For Sale

EXECUTIVE SUMMARY
Expenses and income statements available upon request. Internet options: Centurylink and Midco. Roof was changed from flat to pitched in 1990 and was steel. Roof was changed to shingles in 2017. 100 amp electrical. Paved streets around the building. One of the corner stone business's of Forest Lake is for sale, Forest Lake Cycle. Skate was dropped from the name several years ago. Easy access and good traffic count. Business can be sold separately from the real estate.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,049 SF
Building Class
C
Year Built/Renovated
1954/2017
Price
$1,227,110 CAD
Price Per SF
$202.86 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.29 AC
Parking
10 Spaces (1.65 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 05-032-21-44-0066 | Improvements Assessment | $505,420 CAD |
| Land Assessment | $105,825 CAD | Total Assessment | $611,245 CAD |
PROPERTY TAXES
Parcel Number
05-032-21-44-0066
Land Assessment
$105,825 CAD
Improvements Assessment
$505,420 CAD
Total Assessment
$611,245 CAD
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