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1440 85th Avenue NE Spring Lake Park, MN $ 900,000
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$ 900,000 Get more info
1440 85th Avenue NE
$ 900,000
Back to search
Share Save

1440 85th Avenue NE

Spring Lake Park, MN, 55432
$ 900,000
Baths0.0 Sq 8,000

Monthly Estimate*

$ 6,287

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Studio

Commercial Property for sale in Spring Lake Park, MN

for $900,000. This 8,000 square foot building was built in 1941 on a lot size of 0.15.

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.

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Commercial Active

Price

$ 900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 13,184

Style

Retail

Lot Size

0.15

Year Built

1941

Town/City

Spring Lake Park

County/Region

Anoka

MLS | Web ID

6476319
Features
General
Sewer City Sewer - In Street
Heating Baseboard Boiler
Cooling Central Air
Utilities Electric Separate Heating Common Hot Water Common
Garage Spaces 0
Construction Materials Block Brick/Stone
Year Built 1941
Property SubType Retail
Tax Year 2023
Current Use Commercial Retail
Accessibility None
County Anoka
Property Type Commercial Sale
Contingency Inspection
Subdivision Name Spring Lake Park Plaza
Possible Use Office Retail
Directions Highway 65
City Spring Lake Park
Buyer Agent Compensation 2.00
High School District Spring Lake Park
Zoning Description Business/Commercial
Total Units 16
Street Name 85th
Land Lease Y/N N
Tax Annual Amount 13184
Additional Parcels Y/N N
Days on Market 104
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.15
Building Area Total 8000
Lot Size Units Acres
Foundation Area 4000
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Natural Gas
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Internal Only
Street Number 1 1440
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* Excluded Features
List By
Mitchell Realty Llc

Broker

mike@mitchellmanage.com

Email

Affordability Calculator

$7,385
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,287
Monthly Property Taxes
$1,099
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
709038 Elementary School
709283 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/12/2024$900,000 Listed Price

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1440 85th Avenue NE, Spring Lake Park, MN, 55432 is a Commercial Property for sale at $900,000 with 8,000 sqft and a lot size of 0.15. 1440 85th Avenue NE is a studio with 0.0 baths and was built in 1941. The property's zip code is 55432 which is in Spring Lake Park, MN

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