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109 Elm St
Farmington, MN 55024
Synergy Dance | Revelation Fitness · Retail Property For Sale
Investment Highlights
- Synergy Dance Center been a tenant since 2010 and its team has more than 30 years of industry experience
- Adjacent to Great Oaks Academy (K-6), with 430+ students generating consistent traffic and visibility and a 10K sq ft Regional Post Office
- New housing developments in Farmington include single-family homes, multi-family homes, townhouses, and an apartment complex.
- Revelations Fitness is a new fitness center catering to people recovering from surgery, with injuries or seeking a new fitness environment.
- Average household income: $141,004
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,150 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.67 AC
Zoning
R-4 - high-density, multiple-family residential units, often located near commercial areas or arterial streets
Parking
100 Spaces (6.6 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 14-25831-01-020 | Improvements Assessment | $1,110,900 |
| Land Assessment | $362,000 | Total Assessment | $1,472,900 |
Property Taxes
Parcel Number
14-25831-01-020
Land Assessment
$362,000
Improvements Assessment
$1,110,900
Total Assessment
$1,472,900
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