For Sale: Lindstrom MLS# 7097021
Active
NEW!
$875,000
Commercial: Other
Built 1975
0.933 acres
Chisago Lakes schools
MLS# 7097021
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Property Description
Warehouse (2 spaces) / Apartments (3) / Storage Units (15)
2 Buildings / 2 PIDs / Heavy Power - Warehouse
Located in the Lindstrom Industrial Park
PID’s: 15.00155.00 (1.01 Acres) 15.00155.10 (.81 Acres)
TAXES 2025: $12, 450 / $574
See Owners Supplement for Details and Updates
NOI $73, 058 (potential for an additional $10K /yr)
**Agents / buyers to verify square footage of buildings / foundations numbers listed are approx.
Call agent for detailed info
Listing
Listing Status:
Active
Contingency:
None
List Price:
$875,000
Property Type:
Commercial
City:
Lindstrom
Garage Spaces:
24
County:
Chisago
Year Built:
1975
State:
MN
Property Style:
Other
Zip Code:
55045
Exterior
Garage Spaces:
24
Foundation Size:
9,999 ft2
Foundation Dimensions:
9999
Handicap Accessible:
None
Heating System:
- Forced Air
- Radiant
Parking Features:
- Attached Garage
- Gravel
- Multiple Garages
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.933
Geolocation:
45.388363, -92.834088
Inclusions:
Building, Leases
Lot Dimensions:
153 x 218 x 179 x 311
Addl Parcels:
150015510
Zoning:
Industrial
Schools
School District:
2144
District Phone:
6512132096
Expenses
Tenant Expenses:
All Utilities, Trash Collection
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$13,536
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$13,536
Income
Annual Gross Income:
$101,340
Rent
Annual Net Income:
$73,058
Units
Total Units:
20
Miscellaneous
Current Use:
- Commercial
- Industrial
- Office
- Storage Facility
- Warehouse
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Synergy.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.