Redevelopment Opportunity! Prime retail/office location with Forest Lake views. The 0.21 acre lot has an existing 7K building that is a tear down. The City of Forest Lake is offering a $5K tax rebate. Zoned MU-1 Downtown Mixed-Use District has many permitted uses such as multi-family, office, retail, restaurants, taprooms, distilleries, public parking, etc. Multi-family and mixed use will require building a subterranean parking lot. Commercial buildings have no parking requirements. City will allow up to 4 stories in height. Management Watershed District is mandating a Storm Water Reservoir be built on property. Please contact City Watershed District to discuss feasibility. All tours by appointment only. Do not disturb Tenants.
Electric, City Water, City Sewer
City Lights, Harbor, Lake, Panoramic, East
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Listing information last updated on October 17th, 2019 at 8:20pm CDT.