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8351 Lake Dr

5,499 SF Vacant Industrial Building Lino Lakes, MN 55014 $925,000 ($168/SF)

Investment Highlights

  • Renovated in 2019
  • Multiple Use Types
  • Great Visibility

Executive Summary

Subject is zoned general business offering multiple options for site, current use being construction & automotive. Lot is .51 acres, shop is 5499 SF w/ 2 shops (2 separate gas meters), 3 baths (1 – ¾ & 2 – ½), 3 dedicated offices, kitchenette & multiple interior storage areas. 17' high ceilings in shop & 3 overhead doors w/concrete exterior parking slabs all 12' wide ranging from 12',13' & 14' high. Parking available inside & outside of the fully fenced crushed asphalt yard w/an automatic gate. Forced air & central AC in offices w/overhead radiant heat in shops. 208 3 phase electrical on private water & sewer w/natural gas. Renovated in 2019. Be less than 2.5 miles from 35W & visible w/over 9400K daily DOT traffic count.

Property Facts

Price $925,000
Price Per SF $168
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Auto Repair
  • Showroom
  • OfficeLoft Creative Space
Building Class B
Lot Size 0.51 AC
Rentable Building Area 5,499 SF
No. Stories 2
Year Built 1976
Parking Ratio 10/1,000 SF
Clear Ceiling Height 17 FT
No. Drive In / Grade-Level Doors 3

Amenities

  • Fenced Lot
  • Signage

Utilities

  • Lighting
  • Gas - Natural
  • Water - Well
  • Sewer - Septic Field
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-31-22-21-0021
Land Assessment
$66,900
Improvements Assessment
$315,300
Total Assessment
$382,200

zoning

Zoning Code Industrial (Zoned General Business)
Industrial (Zoned General Business)
  • Listing ID: 33791113

  • Date on Market: 11/7/2024

  • Last Updated:

  • Address: 8351 Lake Dr, Lino Lakes, MN 55014

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