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38875 Forest Blvd 7,500 SF Retail Building North Branch, MN 55056 $419,000 ($55.87/SF)
Executive Summary
BUILDING ONLY FOR SALE NOT BUSINESSES. HUGE Opportunity! This 6000 sq ft commercial building + the second building which is 50x25 (1250 sq ft) boasts a prime location! There's a total of 5 garage doors! 2 10" oversized garage doors on the main building and 3 garage doors on the back building. Most with electric openers. Situated in a highly visible, high traffic area, this property offers maximum exposure for any business. With WALKING & DRIVING traffic, this vintage downtown building has much to offer. The current carpet business is NOT FOR SALE! Newer furnace's - 3 phase in main building. All new concrete road, sidewalks, curb and gutters. Utility cost are super low for a building of this size-- Less than $350 per month!
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,500 SF
Building Class
C
Year Built
1932
Price
$419,000
Price Per SF
$55.87
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.23 AC
Opportunity Zone
Yes
Zoning
CBD
Parking
5 Spaces (0.67 Spaces per 1,000 SF Leased)
Frontage
75’ on Forest Blvd
Amenities
- Signage
Bike Score®
Very Bikeable (81)
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-00288-00 | Improvements Assessment | $0 (2024) |
| Land Assessment | $0 (2024) | Total Assessment | $215,400 (2024) |
Property Taxes
Parcel Number
16-00288-00
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$215,400 (2024)
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38875 Forest Blvd
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