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15252 W Freeway Dr NE

7,331 SF 100% Leased Office Building Columbus, MN 55025 $1,045,000 ($143/SF)

EXECUTIVE SUMMARY

Introducing the Lakes Business Center – an exceptional investment opportunity located at 15252 W Freeway Dr NE, Forest Lake, MN 55025. This 7,331 SF Class B property on 2.96 acres features prime I-35 visibility, surrounded by local amenities and one block from Running Aces. Currently fully occupied with established tenants, including Kneisl CPA, MJ Electric, and Rizon Workforce Solutions, providing a solid income stream. The building boasts a masonry construction, ample surface parking, and a built-up roof for added durability. Priced at $1,045,000 with 2024 taxes of $22,717.52, this property offers a fantastic opportunity for investors looking to add a stable asset to their portfolio or owner-occupants seeking a strategic location in Forest Lake. Don’t miss out on this chance to acquire Lakes Business Center – reach out for more information today!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,331 SF
Building Class
B
Year Built
1974
Price
$1,045,000
Price Per SF
$143
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,331 SF
Building FAR
0.06
Lot Size
2.96 AC
Zoning
CC - Community Commercial District
Parking
50 Spaces (6.82 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Balcony

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-32-22-42-0004
Land Assessment
$339,700
Improvements Assessment
$542,000
Total Assessment
$881,700
  • Listing ID: 33522602

  • Date on Market: 10/15/2024

  • Last Updated:

  • Address: 15252 W Freeway Dr NE, Columbus, MN 55025

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