$695,000

FOR SALE

5020 Jason Ave

Albertville, Mn, 55301

MLS #7013267

Subdivision: Prairie Run

Building: -

5 Beds

1/1 Baths

2370 sqft

$ 293.25 /sqft

Property Details

GREAT INVESTMENT OPPORTUNITY in a PRIME LOCATION offering MULTIPLE DEVELOPMENT OPTIONS.Price reflects the development value of the property.The home is currently rentedfor $3000.00 per month. Potential options include retaining full parcel for investment and future development, split the homefrom approximately .74 acres to create a commercial lot, or subdivide to create an additional residentiallot. (See concept) Seller currently has an application submitted with the City proposing the following split: the existinghome on approximately .44 acres, and the north half as an approximately .74-acre commercial lot (seeattached City recommendation and concept's).The proposed .74-acre commercial lot has potential for a 5,000 sq ft building with approximately 26parking spaces (see attached documentation). All subdivision and development subject to City approval.PID #101-118-000010 is included in the sale.

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
-
Membership Fees
-
Appliances
-
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
-
Year Built
1994
Cooling
Central Air
Pets Allowed
-
Amenities
-
Interior
-
Maintenance Fee Includes
-
Governing Bodies
-
Construction
-
Security
-
Heating
Forced Air
Garage/Carport
2
Dining Area
-
Exterior
-
Pet Restrictions
No
Parking
Attached Garage, Gravel, Concrete, Garage Door Opener, Insulated Garage
Application Fee
-
Water Access
-
Pool
No
Gated Community
-
Status
A
Listing Office
LPT Realty LLC

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Listing Courtesy of: LPT Realty LLC