Property Listing
Description
GREAT INVESTMENT OPPORTUNITY in a PRIME LOCATION offering MULTIPLE DEVELOPMENT OPTIONS. Price reflects the development value of the property. The home is currently rented for $3000.00 per month. Potential options include retaining full parcel for investment and future development, split the home from approximately .74 acres to create a commercial lot, or subdivide to create an additional residential lot. (See concept) Seller currently has an application submitted with the City proposing the following split: the existing home on approximately .44 acres, and the north half as an approximately .74-acre commercial lot (see attached City recommendation and concept's). The proposed .74-acre commercial lot has potential for a 5,000 sq ft building with approximately 26 parking spaces (see attached documentation). All subdivision and development subject to City approval. PID #101-118-000010 is included in the sale.
Property Information
Status: Active
Sub Type: ********
List Price: $695,000
MLS#: 7013267
Current Price: $695,000
Address: 5020 Jason Ave NE, Albertville, MN 55301
City: Albertville
State: MN
Postal Code: 55301
Geo Lat: 45.225375
Geo Lon: -93.66695
Subdivision: Prairie Run
County: Wright
Property Description
Year Built: 1994
Lot Size SqFt: 51400.8
Gen Tax: 4652
Specials Inst: 0
High School: St. Michael-Albertville
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 2370
Style: Array
Total Bedrooms: 5
Total Bathrooms: 3
Total Full Baths: 1
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: