Crosslake Town Square - Space 1, Bldg 2A

Listed by Chris Close

For Sale/Lease: Retail/Service Bldg: 35770 Allen Ave

Property Description: An excellent opportunity awaits you when you invest in the New Downtown Retail Community. This community offers a variety of commercial spaces built around a city square and has “Old Town” rustic flavor with the benefits of new construction, street lights, public restrooms and great parking. While there is only one space remaining, land is available for new buildings with frontage in increments of 25 feet. Now is the time to locate in this great end-cap space with an outdoor patio! Ideal set-up for a coffee shop or other retail-service oriented business!

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Listing Details

CC File #: 438
Address: 35770 Allen Ave, Ste 1
City: Crosslake
State: MN
Zip: 56442
Zoning: PPD - Planned Unit Development
Lease Space Size : Min Sq. Ft. Available: 1,164
Lease Space Size : Max Sq. Ft. Available: 1,164
Lease Space Size : Main Level Sq. Ft.: 1,164
Building Size : Total Sq. Ft.: 1,164
Building Size : Main Level Sq. Ft.: 1,164
Lease Rate/sq ft: $16.00
Lease Type: Triple Net
Monthly Rent: $1,552/month
Sale Price: $249,700.00

Property Features

Sewer: City
Electric : Amps: 100
Foundation: Cement
Traffic Counts: 6,100 on CR 66 and 1,600 on CR 3
Other: 2009 Association Dues: $140/month per 25' lot. Also a 1,956 SF Bldg available at $13.60/SF or $261,785. There's also a .8 Acre (35,083SF) Restaurant Pad available at $395,000 w/a bldg footprint of 5,420 & seating capacity of 150 with a liquor liecense on reserve.
Operating Expenses : Year: 2009
Operating Expenses : Total: $2.00 - $2.50/SF/YR
Operating Expenses : Taxes: $1.70
Operating Expenses : Insurance: $0.29
Operating Expenses : CAM: $0.19
Bathrooms: 1 per unit, plus shared pulic restrooms
Adjacent Tenants: Lundrigans, Rustica, Chocolate Ox, Lakes Area Gallery, Anytime Fitness, Rafferty's Pizza, Totem Pole, Rough Around the Edges, Larson Group Realty, Crosslake Drug, There's Room, Kueper's & The Hearth Room
Neighboring Businesses: Whitefish Lodge & Suites, Pine Peaks Lodge & Suites, Redds Market, Lakewood Bank, Barstock Liquors, Ace Hardware, plus many others
Information provided by members of Greater Lakes Association of Realtors. Copyright 2009 Greater Lakes Multiple Listings Service. All rights reserved. Information is deemed reliable but not guaranteed.