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21150 N Ozark Avenue
Scandia, MN 55073
MLS #4868110

Commercial
  • 2.504acres
Pending Sale $949,000
Est. P&I payment: $3624.54/mo
21150 N Ozark Avenue, Scandia, MN 55073
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Description for 21150 N Ozark Avenue, Scandia, MN 55073
Awesome opportunity!! There are 2 buildings located on 2.5 acres off Hwy 97. 1st being fully leased to Chico's Restaurant. The 2nd being leased to retail/professional including Osceola Clinic that just renewed. 95% leased. Priced based off a Gross income of $96,000 and a Net of $83,000. Cap Rate at 8.5%. New roof and siding in 2017.
MLS #4868110
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My Notes for MLS #4868110

General Features

  • Acres: 2.504
  • Current Use: Beauty/Barber Shop,​Tavern/Lounge,​Business Service,​Professional Service,​Commercial
  • Foreclosure Status: No
  • Year Built: 1997
  • Sale Includes: Building,​Land,​Leases
  • Total Number of Units: 2
  • Status: Pending

Exterior Features

  • Exterior: Vinyl,​Other
  • Parking Characteristics: Uncovered/Open,​Driveway - Asphalt,​Driveway - Shared
  • Road Frontage: City
  • Lot Description: Irregular Lot,​Corner Lot,​Tree Coverage - Light,​Other
  • Lot Dimensions: 422x258x422x258

Interior Features

  • Building Finished Square: 6,453
  • Handicap Accessible: Other
  • Basement: Partial,​Slab
  • Roof: Pitched,​Age 8 Years or Less,​Shakes
  • Shared Rooms: Other

Utilities Features

  • Appliances: None
  • Air Conditioning: Central
  • Heating: Forced Air
  • Fuel: Natural Gas,​Electric
  • Water: Well
  • Number of Ranges: None
  • Number of Refrigerators: None
  • Sewer: Private

Financial Features

  • Annual Gross Expense: 13,000
  • Annual Trash Expense: 5,000
  • Annual Water/Sewer Expense: 879
  • Tenant Expenses: Taxes,​Water/Sewer,​Electric,​Cable T.V.
  • Annual Net Income: 83,000
  • Tax Amount: 24,664
  • Tax With Assessments: 24,664
  • Tax Year: 2017
  • Annual Gross Income: 96,000

Community Features

  • County: Washington
  • Municipality: Scandia
  • Postal City: Scandia (MN)

School Features

  • School District: 831 - Forest Lake
  • School District Phone: 651-982-8103

Misc Features

  • Amenities - Shared: Other
  • Amenities - Unit: Other
  • Foundation Size: 9,953
  • Zoning: Business/Commercial
  • Lender Owned: No
  • Potential Short Sale: No

Location

 
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Directions to 21150 N Ozark Avenue, Scandia, MN 55073
Hwy 97, S on Ozark Ave N, Property on right.
The listing information for 21150 N Ozark Avenue, Scandia, MN 55073 was graciously provided by our friends at the listing brokerage, Realty Group, Inc.

Get Financing for 21150 N Ozark Avenue, Scandia, MN 55073

SMW Federal Credit Union
Lindsey Palin
700 Apollo Drive
Lino Lakes, MN 55014
651-747-1562 Office
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P&I Payment $3624.54
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Last Updated 04/23/2018 at 7:29am
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