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$1,450,000
246 Days Online

324 Lowell Avenue
Elk River, MN55330

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
605
SqFt
$2,397
/SqFt
2022
Built
Subdivision:
Village Elk River
County:
Sherburne
Listing courtesy of Acuity Group

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320-293-4493
324 Lowell Avenue324 Lowell Avenue324 Lowell Avenue
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6.55% Cap Rate. 2022 built Caribou Cabin with prime Hwy 10 frontage. Triple net lease with 9 years remaining of the initial 10-year term. 10% rent increase after year 5. Three additional 5-year options with 10% rent increases after the initial 10-year term.

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Listing Snapshot
Price 
$1,450,000
Days Online 
246 Days
Bedrooms 
N/A
Inside Area (SqFt) 
605 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2022
MLS® Number 
6431730
Status 
Active
Property Tax 
$4,444
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoPrice changed to $1,450,000
4 months agoPrice changed to $1,525,000
6 months agoPrice changed to $1,600,000
7 months agoPrice changed to $1,650,000
See 1 more
General Features
Construction 
Fiber CementMetal SidingWood Siding
Parking 
Parking Lot
Zoning 
Business/Commercial
Property Sub Type 
Business
Garage Spaces 
0
Contingency 
None
Sewer 
City Sewer/ Connected
Water 
City Water/ Connected
Lot Features 
Corner Lot
Interior Features
Cooling 
Central Air
Heating 
Forced Air
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Exterior Features
Roof 
Metal
Lot 
Corner Lot
Road Frontage 
City Street
Construction Details 
Brick/ StoneFiber CementMetal SidingWood Siding
Schools
School District
Elk River
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Acuity Group



Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northstar MLS.
Data last updated at: 2024-05-16 09:35 PM UTC

Neighborhood & Commute
Source: Walkscore
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