Price Reduction
Address
23038 Rum River Boulevard NW Saint Francis, MN
Price
$ 375,000
Property Attributes
  • MLS#4745675
  • TypeCommercial
  • CountyANOKA
  • CitySaint Francis
  • Zip55070
  • StyleBusiness Opportunity
  • Year Built1970
  • Taxes5149
  • Price$ 375,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3672
  • Lot Size1.34 Acres
Listing Provided Courtesy Of:
Re/Max Results
Property Description

This property is located by the St. Francis High School. Property has been totally gutted and rebuilt according to 2006 code and totally renovated. Cap rate is at 10.. There is a 57 space tarred parking lot as well as green space for other buildings. Other land west available also. Building is very efficient with foamed wall insulation thru-out. Renters are on a 2 year contract lease. Will consider contract for deed with 20% down payment and good credit. New roundabout installed out front 2016

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
7/29/2016 Listed $517,500
6/10/2017 5% - $495,000
7/11/2017 5% - $475,000
9/13/2017 6% - $450,000
12/15/2017 1% - $449,000
5/7/2018 12% - $399,000
7/5/2018 7% - $375,000

General Features

Amenities - Shared Security Building
Annual Gross Income 0.00
Contingency None
Handicap Accessible Stair Chair Lift
Listing Status Active
Municipality Saint Francis
Property Type CMU
School District 15 - St. Francis
Year Built 1970
Zoning Business/Commercial

Interior Features

A/C Central
Appliances Microwave, Refrigerator
Fuel Natural Gas
Heating Forced Air
Number Of Units 1 1
Number Of Units 2 1
Number Of Units 3 1
Number Of Units 7 1

Exterior Features

Lender Owned No
Sale Includes Building
Unit 1 Monthly Rent 1100
Unit 2 Monthly Rent 500
Unit 3 Monthly Rent 2600
Building Finished Square 3672
Exterior Vinyl, Brick/Stone
Foundation Size 2028
Other Parking Spaces 53
Sewer City Sewer/Connected
Water City Water/Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55070

Price
AVG $510K
$380K
Taxes
AVG $2,575
$5,149
Visits
AVG 54
22
Year Built
AVG 1984
1970
Walkscore
AVG 30
28

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