$695,000
FOR SALE5020 Jason Ave
Albertville, Mn, 55301
MLS #7013267
Subdivision: Prairie Run
Building: -
5 Beds
1/1 Baths
2370 sqft
$ 293.25 /sqft
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.
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Listing Courtesy of: LPT Realty LLC