91 11th Avenue SW

91 11th Avenue SW Forest Lake, MN 55025

FOR SALE
Property Type:
Commercial Land Development
Amount:
$579,000
Last Verified:
May 25, 2021

Highlights

  • PID: 08.032.21.43.0018
  • Permitted uses include: industrial, office, retail, small multi-family, auto sales, distillery

Description

2.12 acres (92,230 SF) of land for development

Located near the 24-mile Hardwood Creek Trail which provides direct biking and walking access to nearby
businesses Just west of Hwy 61 near retail, residential, and Forest Lake schools.

Lot Size: 2.12 acres

Map of 91 11th Avenue SW, Forest Lake, MN, 55025

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.