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12207 Lake Ln - Elms Estates

4.04 Acres of Commercial Land Offered at $2,833,522 CAD in Lindstrom, MN 55045

Investment Highlights

  • On frontage Road and Hwy 8 in town.
  • City wants it developed
  • Utilities present

Executive Summary

Two parcels of land for sale in downtown Lindstrom.
Zoned commercial with borders on frontage road and along HWY 8. Lindstrom is a growing community with lots of opportunities and commercial needs. There are roads, a well, electrical and gas on the property. There is also a drain field for a low area of the property. Lindstrom people and city are hoping the land will be developed with both businesses and dwellings as there is a need for both.
If you are looking for an area to develop with restaurants, businesses, offices, apartments…. Take a look at this opportunity.

Attachments

Lindstrom Map

Property Facts

Price $2,833,522 CAD
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Apartment Units - Condo
  • Restaurant
  • Storefront, Retail or Residential
Total Lot Size 4.04 AC

1 Lot Available

Lot 1

Price $2,833,522 CAD
Price Per AC $701,367 CAD
Lot Size 4.04 AC

2 PID #'s 15.00617.00 & 15.00619.00 total 4.04 acres with possible surrounding area purchases as well. Seller merging land at the end of their land that comes to a point. All included in sale.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-00617-00
Land Assessment
$728,448 CAD
Improvements Assessment
$0 CAD
Total Assessment
$728,448 CAD

zoning

Zoning Code C1 (Commercial)
C1 (Commercial)
  • Listing ID: 27820576

  • Date on Market: 2023-02-23

  • Last Updated:

  • Address: 12207 Lake Ln, Lindstrom, MN 55045

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