5020 Jason Ave Ne Albertville , MN 55301

Listing courtesy of LPT Realty, LLC.

Description

5 Beds
2 full, 1 half Baths
2,370 Sqft
51,400 Sqft lot
1.18 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1994
Neighborhood: Prairie Run
Days on Website: 11
GREAT INVESTMENT OPPORTUNITY in a PRIME LOCATION offering MULTIPLE DEVELOPMENT OPTIONS. Price reflects the development value of the property. The home is currently rented for $3000.00 per month. Potential options include retaining full parcel for investment and future development, split the home from approximately .74 acres to create a commercial lot, or subdivide to create an additional residential lot. (See concept) Seller currently has an application submitted with the City proposing the following split: the existing home on approximately .44 acres, and the north half as an approximately .74-acre commercial lot (see attached City recommendation and concept's). The proposed .74-acre commercial lot has potential for a 5,000 sq ft building with approximately 26 parking spaces (see attached documentation). All subdivision and development subject to City approval. PID #101-118-000010 is included in the sale.

Open House

Property Details and Features

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Johnson|Hoiseth

9526416500 9522127103

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