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Drive Through Restaurants For Sale

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More details for 955 W Broadway Ave, Forest Lake, MN - Retail for Sale

On Broadway Car Wash - 955 W Broadway Ave

Forest Lake, MN 55025

  • Drive Through Restaurant
  • Retail for Sale
  • $1,229,356 CAD
  • 4,680 SF

Forest Lake Retail for Sale - Washington Cnty Outlying

Dramatic Price Reduction For A Quick Closing! Car Wash Business For Sale and/or Redevelopment Opportunity 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 Sale - Property and Business • PIDS: 08.032.21.22.0059, 08.032.21.22.0057, 08.032.21.22.0026 and 08.032.21.22.0025 • Building SF: 4,680 • Parcel Area: 1.18 acres 51,596 sf • Year Built: 2001 • Zoning: B2 - Highway Business District • 2017 Tax Cut and Jobs Act allows for up to accelerated depreciation on property improvements for car wash assets. • 2025 Tax: $23,374 • Sale Price: $899,000 Highlights and Features • Local and regional trade area • Just 2 blocks off I-35 and Forest Lake exit • High traffic counts • Great visibility • 2 access points: West Broadway Avenue and First Avenue Northeast • In the heart of the business district • Area tenants include Home Depot, Chipotle, Walmart Supercenter, Tires Plus, Northern Tool, Perkins, Running Aces Casino, Hotel and Racetrack, and more Demographics and Traffic Counts • Average Household Population: 1 mile - 3,223, 3 miles - 12,795 and 5 miles - 21,300 • Average Household Income: 1 mile - $55,528, 3 miles - $77,808 and 5 miles - $78,262 Traffic Counts • I-35 - 67,590 vpd • W Broadway Ave - 24,665 vpd

Contact:

Colliers

Property Subtype:

Freestanding

Date on Market:

2022-12-05

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More details for Chaska Commons – Retail for Sale, Chaska, MN

Chaska Commons

  • Drive Through Restaurant
  • Retail for Sale
  • 158,666 SF
  • 7 Retail Properties
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