For Sale $4,900,000.00
Prime commercial acreage located along the busy Hwy 371 corridor in Baxter. 3 acre and 32 acre options are available. Ideal opportunity for a restaurant, retail or office-service business to build new. Locate in a premier commercial neighborhood with excellent visibility, easy access and great exposure. Close to large hotels and several new retailers. The neighboring development is The Lofts at Novotny, which is a new 3-story 64-unit residential apartment building with 33 enclosed garage spaces, fitness center, community room, outdoor gathering space, plus on-site climate-controlled storage!
- Purchase Price: $4,900,000.00
- Directions: From Hwy 210/371 intersection in Baxter - North on Hwy 371 - West on Novotny Road - Property is straight ahead, on the South side of Novotny Road
- Lot Size (Acres): 32.55
- Road Frontage: Novotny Road and Edgewood Drive
- Property Tax Year: 2023
- Annual Property Tax:
- Property Features / Assets: 3 AC Option for $1,298,000.
- Water: City
- Sewer: City
- Utilities Available: Natural Gas, Electric, Phone, Cable, and Fiber Optic
- Neighboring Businesses: Located near Infinity Credit Union, Audio Visual Extreme, Jack Pine Brewery, Family Chiropractic, Gull Lake Brick Fireplace, Edgewood Dental, Eko Market, Arrowwood Lodge, Just For Kix, Boulder Tap House, Baxter Village Tenants, Lake County Toyota, MN Inboard, Party World, Von Hanson’s, Morey’s, West Side Liquor, Holiday Inn Express, Hilltop Trailers, Lakes Audio, plus numerous others.
- Traffic Counts: 23,076 (2021) on Hwy 371
- MLS #: 6365447
- CC File #: 1464
- Zoning: C2-Regional Commercial
- PID#: 40310675
- Legal Description: Outlot A The Lofts at Novotny