COVID-19 INFORMATION
Due to COVID-19, ONLINE BIDDING is recommended for all Pifer’s Land and Equipment Auctions. Social distancing guidelines will be followed in the auction ring and space could be limited. Phone bidding is available for Land Auctions and limited phone bidding is available for Equipment Auctions. Please do not bring vulnerable persons or bidders to the auction that don't plan on bidding. Equipment auction sites will remain open for inspections. Check daily for updates. Learn More

**SALE PENDING!!** Former Lake Park Public School - Lake Park, MN

sale pending -
**SALE PENDING!!** Former Lake Park Public School - Lake Park, MN 
Listing Details (ID# 4089)
Listed Price
$0
Listing Location
Lake Park, MN
County
Becker
Size
3 Parcels
Contact
Terry Skjerseth , 701.261.1144

 

**SALE PENDING!!**

COMMERCIAL BUILDING FOR SALE

Former Lake Park Public School - Lake Park, MN

CALL FOR PRICE

 

Property Note:  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 were utilized as classrooms, theatre, offices 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.

Tax Incremental Finance info.

Previously, there was a TIF (Tax Incremental Finance) District set up for a planned Multi-family housing project.    The TIF is at $600,000.  The TIF dollars can be divided between the 3 parcels if purchased by separate buyers based on % of total purchase price if separate buyers.  The TIF District is still set up with Becker County.  Previously Planned project was for a Proposed Senior Living Center and much preliminary 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 registered bidders at Auction.  Pifer’s does not represent the continued availability of the TIF District and future buyer may need to visit with City of Lake Park as well as Becker County but all discussions with county and City of Lake Park indicate that continuance of TIF District will not be an issue with new owner.

 

Contact: Terry Skjerseth at 701.261.1144 or Pifer’s Auction & Realty at 877.700.4099 for more information.

 

Location: 420 Lake St. - Lake Park, MN

Includes Parcels 1-3  (City of Lake Park) Property Data: 

Land & Building:         3.56 +/- Acres

Building:                      32,670 sq. ft

Taxes (2020):              $588.00  **

Tax Parcel:                  # 51.0171.000

 

Parcel 1:
Old Lake Park school, gym and lots to the east of school as described herein.  School is described and located on Lots 1-12 of Blk. 46 of Canfields First Addition.  Also included on north side of school is vacated portion of Liberty St. that will be included with  Parcel One.
See Attached Plat of Canfield’s First Addition.  Lot size is approx.. 150’ x 50”.  

 

Parcel 2:  Lying NE of school building and adjacent to 5th St. which runs N & S .  Parcel includes Lots 2-6 (5 City lots) described at Lots 1-6 of Blk. 46, Canfield’s First Addition.  Lot’s are 50’ x 150’.

 

Parcel Three 3: Lying directly north of school gym and adjacent to 6th St. which runs N & S. Parcel includes 4 lots described as Lots 7-10 of Canfield’s First Addition.  Lot size is approx. 50’ x 168’

 
Parcel 1 - Former School & Gym
Description:

Old Lake Park school, gym and lots to the east of school as described herein.  School is described and located on Lots 1-12 of Blk. 46 of Canfields First Addition.  Also included on north side of school is vacated portion of Liberty St. that will be included with  Parcel One. Lot size is 150’ x 50”.  


Land NE of Building
Description:

Lying NE of school building and adjacent to 5th St. which runs N & S .  Parcel includes Lots 2-6 (5 City lots) described at Lots 1-6 of Blk. 46, Canfield’s First Addition.  Lot’s are 50’ x 150’.

Land N of Building
Description:

Lying directly north of school gym and adjacent to 6th St. which runs N & S. Parcel includes 4 lots described as Lots 7-10 of Canfield’s First Addition.  Lot size is approx. 50’ x 168’