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Commercial Building For Sale - Lake Park, MN
**MORE INFORMATION COMING SOON!!**
COMMERCIAL/DEVELOPMENT PROPERTY FOR SALE
Former Lake Park Public School - Lake Park, MN
Property Note: This property has been idle since Lake Park built a new school on west side of Lake Park. Property includes 9 City lots to the north of School Building as well as 6 lots lying east of building. Classroom portion of structure consists of two levels and was utilized as classroom, theatre, and shop. School/classroom portion constructed in the early 1960’s with the gym and lockers etc. being built in early 1980’s. Structurally very well built with tremendous potential for re-development. Presently Zoned R-1 -Single Family Residential. Re-zoning will allow for many additional possibilities. Shop and gym could be put to use very quickly with excellent income potential with endless possibilities and business opportunities. Let your imagination and entrepreneur spirit guide you to the variety of potential uses this building and property could provide.
Contact: Terry Skjerseth at 701.261.1144 at Pifer’s Auction & Realty or firstname.lastname@example.org for more information and a complete brochure.
Address: 420 Lake St. - Lake Park, MN
Legal: Canfield’s 1st , Block 46, Lot’s 1-12 (school/gym structure located on Lots 7-12 and Block 44, Lots 2 thru 10; All located in Sec. 3- Township 139-Range 43, City of Lake Park
Acres: 3.56 +/-
Building Size: 32,670 sq. ft.
Taxes (2019): $588.00
Property Note: Previously, there was a $600,000 TIF (Tax Incremental Finance) District set up for a planned Multi-family housing project. The TIF District is still set up with Becker County. Previously Planned project was for a Proposed Senior Living Center and much work was completed on this plan including Prospective Appraisal and Housing Assessment for the Lake Park, MN area. Owners have advised that these reports will be available for review by the serious potential buyer.