TITLE:
Commercial Lot
CONTROL:
Exclusive
VALUE:
$450,000
LOAN:
$0
EQUITY:
$450,000
TYPE:
Land
HAVE:
Commercial lot 1.1 acres, zoned B-3, drive-thru is possible, owned by the City of Mounds View EDA. EDA's desire is to attract a developer or owner/operator to construct a commercial building. Ideally, a restaurant, professional office, or other service.
ADDRESS:
2833 Mounds View Boulevard, Mounds View, Minnesota
BENEFITS TO NEW OWNER:
Acquire a shovel ready commercial site.
OTHER FILES:
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$0
NOI:
$0
DEBT SERVICE:
$0
CASH FLOW:
$0
CAP RATE:
0.00%
BENEFITS SOUGHT:
City desires a developer or owner/occupant to construct new building adding city services/amenities, restaurant, office, retail adding to tax base.
CAN ADD:
City has already demolished all structures and rezoned to B-3. Shovel ready!
REMARKS:
City EDA is open to hearing from developers on their vision/plan for the site. Submit proposals to Brian Beeman get on the EDA agenda to present your proposal for the site.
COUNSELOR:
Brian Beeman
BizFund10X
12600 Whitewater Drive, Suite 100
Minnetonka, Minnesota, 55330
