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3520 Laverne Avenue N Lake Elmo, MN $ 600,000
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$ 600,000 Get more info
3520 Laverne Avenue N
$ 600,000
Back to search
Share Save

3520 Laverne Avenue N

Lake Elmo, MN, 55042
$ 600,000
Baths0.0 Sq 3,200

Monthly Estimate*

$ 3,988

3520 Laverne Avenue N, Lake Elmo, MN 55042 - Image 1
3520 Laverne Avenue N, Lake Elmo, MN 55042 - Image 2
Studio

Commercial Property for sale in Lake Elmo, MN

for $600,000. This 3,200 square foot building was built in 1962 on a lot size of 0.2.

Looking for a perfect location to start your own business? Restaurant, small/light manufacturing, brewery, mechanics shop, cozy health club, dance studio, boutique hotel, etc...Lots of options here. Currently zoned business/light industrial. This would make a fantastic small business location as there is ample parking, 3 phase electric, bus bars across the ceiling. Front overhead door is 12' high and 10'wide. Rear overhead door is 10' high and 8' wide. Office space is approximately 22x19 with two levels. Forced air furnace in the back was recently replaced. In floor heat with a boiler in the lower level. 2 bathrooms. Just too many possibilities to list. In the heart of growing DT Lake Elmo, come check it out.

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Commercial Active

Price

$ 600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,076

Style

Lot Size

0.2

Year Built

1962

Town/City

Lake Elmo

County/Region

Washington

MLS | Web ID

6456935
Features
General
Sewer City Sewer/Connected
Heating Boiler
Utilities Electric Common Heating Common Hot Water Common
Roof Age 8 Years or Less
Appliances None
Garage Spaces 0
Construction Materials Block Brick/Stone
Year Built 1962
Topography Level
Property SubType Other
Tax Year 2023
Current Use Vacant
Accessibility None
Additional Parcels Description 1302921230026
County Washington
Property Type Commercial Sale
Contingency Other
Subdivision Name Cloverdale
Directions Stillwater Blvd to Laverne South to property.
City Lake Elmo
Buyer Agent Compensation 2.70
High School District Stillwater
Zoning Description Industrial
NumberOfUnitsTotal 1
Lot Size Units Acres
Street Name Laverne
Land Lease Y/N N
Tax Annual Amount 7076
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement None
Basement (Y/N) N
Ceiling Height 16-20
Foundation Dimensions 80x40
Fuel Natural Gas
Garage Door Width 12
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Exterior
Parking Features Gravel
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.2
Building Area Total 3200
Lot Dimensions 60x147x60x147
Street Suffix Avenue
Foundation Area 3200
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 3520
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

David@Meyerpg.com

Email

Affordability Calculator

$4,577
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,988
Monthly Property Taxes
$590
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
708913 Elementary School
708340 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/20/2024$600,000 Listed Price

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3520 Laverne Avenue N, Lake Elmo, MN, 55042 is a Commercial Property for sale at $600,000 with 3,200 sqft and a lot size of 0.2. 3520 Laverne Avenue N is a studio with 0.0 baths and was built in 1962. The property's zip code is 55042 which is in Lake Elmo, MN

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